- #132
Theta Fuel TFUEL
During the accumulation phase, trading volumes are significantly higher than usual. The price fluctuates within a range for extended periods, delivering failed breaks in both directions, which makes it harder to analyse future price move. Find out more at dropstab.com/insights/accumulation-phase
TFUEL Price
Market CapÂ
$569.64Â MRank #132FDVÂ
$565.66Â MRank #215Investors
Twitter Followers
Twitter Performance
832Rank by Twitter #1369- 0
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Detailed Performance
TFUEL shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
TFUEL to USD Converter
Price History
- All-Time High
- $0.67697.80x to ATH
- All-Time Low
- $0.00090895.55x to ATL
- Trade Launch Date
- 28 Mar, 2019
1849 days ago
Exchanges
Exchanges type
About TFUEL
Theta Fuel (TFuel) is the native cryptocurrency of the Theta Network. It serves as the utility token within the ecosystem and is used for various purposes. TFuel is primarily used for on-chain operations such as paying for transactions, powering smart contracts, and interacting with decentralized applications (DApps) on the Theta Network. Additionally, TFuel is earned by users who participate in the network by sharing their excess bandwidth and computing resources to help relay video content. TFuel can also be staked to secure the network and earn additional rewards. Overall, TFuel plays a crucial role in the functioning and incentivization of the Theta Network.
What makes Theta Fuel unique?
Theta Fuel (TFuel) is unique compared to other cryptocurrencies due to its specific use case within the Theta Network ecosystem. TFuel is designed as a utility token that serves as the operational currency of the Theta Network. It is used to facilitate transactions and interactions within the network, such as paying for content streaming, incentivizing users to share their bandwidth and resources, and rewarding participants for contributing to the network's security and functionality.
Unlike other cryptocurrencies that primarily focus on being a store of value or means of exchange, TFuel is specifically tailored to support the infrastructure and operations of the Theta Network. It plays a crucial role in fueling the decentralized video delivery and streaming platform, enabling seamless content delivery, incentivizing users to participate in the network, and ensuring efficient and secure transactions.
Furthermore, TFuel has a unique inflationary mechanism, meaning new tokens are continuously minted and distributed to participants as rewards for their contributions to the network. This incentivizes active engagement and participation within the Theta ecosystem.
Overall, TFuel's purpose-driven design and its integration within the Theta Network make it distinct from other cryptocurrencies, as it is specifically optimized to serve the needs of a decentralized video streaming platform and incentivize network participants.
Live Theta Fuel Price Data
The current price of Theta Fuel (TFUEL) is approximately $0.08676, reflecting a increase of 3.36% in the last 24 hours. The TFUEL trading volume in the last 24 hours stands at $14.25 million. Theta Fuel's market cap is currently $569.64 million, accounting for about 0.02% of the total crypto market cap. The circulating supply of TFUEL is 6.52 billion.Â
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Theta Fuel's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on TFUEL, check out our crypto insights page.Â
Tags
TFUEL to USD Converter
Price History
- All-Time High
- $0.67697.80x to ATH
- All-Time Low
- $0.00090895.55x to ATL
- Trade Launch Date
- 28 Mar, 2019
1849 days ago