Cryptocurrency Q&A What rank is THETA crypto?

What rank is THETA crypto?

Silvia Silvia Thu Sep 12 2024 | 6 answers 1555
Could you please elaborate on the current ranking of THETA cryptocurrency in the broader market? I'm particularly interested in understanding its position among other digital assets in terms of market capitalization, trading volume, and perhaps even adoption rates. Additionally, how does its performance compare to similar projects within the blockchain and decentralized technology space? What rank is THETA crypto?

6 answers

KpopHarmonySoul KpopHarmonySoul Sat Sep 14 2024
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Caterina Caterina Sat Sep 14 2024
Theta Network, represented by its native token THETA, has achieved a noteworthy market capitalization of $1,141,206,877. This figure signifies the total value of all THETA tokens currently in circulation, reflecting the market's perception of the project's potential and adoption.

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CherryBlossomBloom CherryBlossomBloom Sat Sep 14 2024
With this market cap, Theta Network finds itself positioned at the esteemed rank of #67 on CoinGecko, a prominent platform for tracking and analyzing the cryptocurrency market. This ranking underscores the project's competitiveness amidst the vast landscape of digital assets.

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Margherita Margherita Sat Sep 14 2024
The calculation of market capitalization involves a straightforward process: multiplying the price of each THETA token by the total number of tokens currently circulating in the market. In this case, the market boasts a circulating supply of 1 billion THETA tokens, contributing significantly to the overall valuation.

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RainbowlitDelight RainbowlitDelight Sat Sep 14 2024
The significance of this metric extends beyond mere numbers. It serves as a barometer for investors, providing insights into the market's sentiment towards Theta Network and its potential for future growth. As the market cap increases, it often signals increasing interest and confidence in the project.

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