Tfuel showing massive growth since last few weeks, as in just 1 week it is hiked by over 430% and in last one-month Tfuel hiked by 699%. This bull run dominating top 100 crypto chart and there no sign Tfuel will drop in upcoming week. Tfuel is token used by Theta Network for different operations and spending. Theta blockchain is enhancing video quality format, which uses unused bandwidth from different user to improve streaming quality and speed, as every use to share their bandwidth will get reward in the form Tfuel. This Tfuel token can be used in streams such as buying content, buy subscriptions of different streaming platforms, or making donations also.
As of Article writing we are just 3 days away from getting new version of Theta mainnet 2.0, where guardian node will be going to introduced in the blockchain. According to official website this is major upgrade which will add Novel Multi-BFT consensus, as main to bringing into network to enable Staking and making big move towards Thera decentralization.
Tfuel staking official on 3rd June 2020 i.e. few weeks after launching mainnet, as the there is no need to swap Theta or Theta fuel because as per official report you can still HODL both token in the wallet. Theta will be going to launch to app where you can deposit or transfer you token and then set up Guardian node and side by side you staking will be released by following steps provider by app. Mainnet GN App will be official name, as there many users already running node in test along with staking, so they can continue their staking until app official launched. As this exchange and enterprise nodes going to run by Samsung, Binance, Gumi Cryptos and Blockchain Venture.
YouTube Co-founder Steve Chen applauds efforts of Theta network by comparing this innovating is great as YouTube did in 2005 by changing video platform by taking into another level, he also added real world problem of high cost streaming and daily demand of 4k, HD creating problem in the delivery.
Theta Fuel Fundamental overview
|Project Name||Theta Fuel|
|Total supply||5 billion|
|Based on||ERC-20 Token Ethereum Blockchain|
|Information||Video Sharing & enhancing Platform|
|All-time High||$0.025 USD|
|Trading or Exchange Platform||Binance, Upbit, WazirX, CoinDCX, Gate.io, Bitrabbit.|
|Wallet||Trust Wallet, SLIVERtv Wallet, Ledger Wallet|
Why Tfuel Launched?
The reason behind launching Theta Fuel to do micro transaction and carried out smaller operation of network, where Theta was strictly used for Staking and securing network. as Tfuel has massive total supply of 5 Billion Token and only 30% of Supply is remaining. So, Staking means long term investment plan, in which user need to HODL token or coin for long time, so there is shortage of supply. To relay transactions and smart contracts will need highly liquidity which can handle or capable of millions of transactions in daily basis so with Tfuel all these things will be possible conveniently.
Currently CDN working great for website network and other platform, but at same time CDN not able to provide smoothness. So, theta network is providing very unique decentralized peer to peer content delivery. To improve network Theta allowing uses of network of protocol open source option. as creator and active video platform can build their own app using Dapps technology. so, after offering such impressive feature Tfuel or Theta network all together same backed by tech giant and electronic or TV multimedia firm like Samsung VR, SLIVER.tv, Theta.Tv, Pandora, Tv, MovieBloc, GFuel, Alt Customs, Plays labs, Vast, Sweeps, Sizzle Popcorn.
In the analytics of web traffic in which 61% of traffic is requesting for video content in year 2020. The user wanted high quality video streaming such as upcoming era of 4k, 6k or 360-degree VR platform will increase cost of CDN and the people will play in million dollars, so that will be lead to increase bounce rate to lower quality.
Tfuel Price Prediction
Today, Tfuel is trading at price $0.015 USD and just 0.010 USD away from beating its previous all-time highest record i.e. $0.025 as per the report of coin market cap. the reason why Tfuel going bullish, as most expected reason will be the recent mainnet 2.0 launch event. The report claims in united states most of Samsung Galaxy S20 smartphone comes with preload application of Theta.tv to bring esport streaming, as further in the deal 75+ million phones will be embedded with the Samsung daily interface. So, this smartphone users can earn Tfuel by simply watching and sharing streams. considering this hype which is clearly helping current bullish run, as Tfuel can reach $0.025 USD till June 2020.
Tfuel Coin Price Prediction 2020
|Month & Year||Price Prediction in USD|
|End of June 2020||$0.022 USD|
|Beginning of July 2020||$0.025 USD|
|Mid of July 2020||$0.027 USD|
|End of July 2020||$0.037 USD|
|August 2020||$0.032 USD|
|September 2020||$0.023 USD|
|October 2020||$0.027 USD|
|November 2020||$0.031 USD|
|December 2020||$0.035 USD|
Roadmap stated that Staking will officially begin in June 2020, so consider full of getting thousands of stakers of board and then Tfuel may go up with skyrocket speed. So mid-July 2020 will be expected to be breakout month for tfuel, in last which ROI will cross 1000% in the 90 days price report, as that will be massive growth comparing top 100 cryptocurrency at this time. We are still in covid19 pandemic and performance like that will be considering at big bull run and will get millions of investors and stake in June.
Tfuel Forecast From 2021 to 2030
|Quarter & Year||Price Prediction USD|
|Q1 2021||$0.021 USD|
|Q2 2021||$0.032 USD|
|Q3 2021||$0.0412 USD|
|Q1 2025||$0.67 USD|
|Q2 2025||$0.45 USD|
|Q3 2025||$0.87 USD|
|Q4 2025||$0.72 USD|
|Q1 2030||$2.32 USD|
|Q2 2030||$3.212 USD|
|Q3 2030||$1.27 USD|
|Q4 2030||$3.67 USD|
- Can Tfuel Coin Reach $1 USD?
Ans: yes, expected in 2027.
- How much Theta Fuel Worth in 2030?
Ans: reaches to $5 USD mark possibly.
- Is Tfuel Good Investment?
Ans: Yes, right now good for short term, but Long-term will be equally worth.