THETA & TFUEL Remain Surviving Ahead of Mainnet 3.0 Launch - Kakiforex.com - Financial Market Media No. 1 in the World THETA & TFUEL Remain Surviving Ahead of Mainnet 3.0 Launch THETA & TFUEL Remain Surviving Ahead of Mainnet 3.0 Launch

June 8, 2021

THETA & TFUEL Remain Surviving Ahead of Mainnet 3.0 Launch

 The recent performance of Theta (THETA) is worth noting with the price spike of THETA tokens by up to 50% and Theta Fuel (TFUEL) by 71%.


The positive movement was driven by the launch of Mainnet 3.0 on the network scheduled for June 30.


Since the end of May again THETA and TFUEL prices have already shown a positive movement after the talent and sports agency, Creative Artists Agency (CAA) joined the ecosystem as the network authentication node operator.


Not only that, the launch of one-click delegated staking, the latest feature of uncomplicated staking in Theta's web wallet on June 5, also had a double effect on THETA and TFUEL price movements.



As of June 6, more than 60% of THETA tokens in the cycle have been locked for network authentication purposes. Indirectly, a reduction in the supply of tokens will help the risk of a sharp decline in prices despite a large correction.


Then on June 7, the two tokens once again received a positive boost with protocol improvements to version 2.4.0. As a result, the TFUEL price jumped 35% from a low of $ 0.42 on June 6 to its latest intraday high, $ 0.565.


However, this morning it can be said that almost the entire crypto market saw a decline in prices.


THETA posted a current value of $ 8.94, down more than 2% in 24 hours. While TFUEL held at the $ 0.51 level, it jumped over 9% in 24 hours.