Theta is the 41th largest cryptocurrency with the market capitalisation of 3.1 billion dollars and its price is increased by 200% in just last 30 days.
The new investors are coming into crypto market as the Bitcoin cryptocurrency price is increasing continuesly from last some days and hit a new all time high price record of 69000 usdt.
Hence, every investor is so curious to find the next undervalued cryptocurrency to buy now. Theta coin price is also sufferrred from a continuous high price gain from the last few days, as investors are attracted towards Theta cryptocurrency due to many reasons where one of them is that the Theta team is working hard and delivering many updates this year.
As you can see in the one month chart shown below, the Theta coin price increased a lot in the last few days and a 20-30% increment occurred in the Theta coin price just today. This shows the great hype of buying the Theta coin by crypto investors nowadays.
Theta network has many updates coming in 2024, some of them are follows as:
EdgeCloud, next gen edge network, release 1 and release 2 that includes the features such as Cloud hosted nodes managed by Theta, Operations dashboard, virtual management, Elite+ Booster features for EEN, and Host popular gen-AI, vision and language models. Also the release 2 includes Enable partners to setup and run hosted nodes in their own cloud, data centersand Advanced metrics dashboard and the Support for advanced job prioritization and opt-out, etc.
Support new ecosystem projects, subchains, TNT20 staking in which Metachain, EdgeCloud and many more other project or chains will will worked with Theta Network, and team has also working with brand new subchains in order to make their associated TNT20 tokens being live, supported by new metrics and stats available to track the growth as well.
Theta Video API enhancements thats includes the features like Self-serve studio-level NFT DRM support for livestreams and VoD
Fully decentralized Theta Video API for DRM, transcoding and delivery in which the support of standard NFT DRM encoding in a decentralized environment will help Theta Video API to become more decentralized for users.
Next gen Theta Web3 Theater integrated into ThetaDrop and partner platforms that will provides a new video experience by integrating Theta NFT DRM natively, on the other hand it will also go live on ThetaDrop and on the other marketplaces that partnered with the Theta Project.
Theta Web3 Blockchain Infrastructure for video, AI and entertainment will become more advanced with the launch of Theta EdgeCloud on 1st may 2024.
Theta official website – https://www.thetatoken.org/
Recently, The government of Nigeria country has reportedly call the largest cryptocurrency exchange Binance, by demanding a minimum of 10 billion dollar from them due to damaged occurred in the country and in the value of their national currency from the Binance exchange platform.
