The price of Theta Network has increased by over 30% in the last two weeks.
While we continue to observe stagnation in the general crypto market, there is one project that has resisted the recent trend.
Theta Network has managed to recover some of the profits lost due to the widespread crash of the crypto market, with an increase of 30% in recent weeks.
The platform’s fundamentals are also strong. Streaming services experienced tremendous growth in popularity over the course of the pandemic, with Netflix seeing a 23% increase in revenue in 2020 compared to 2019.
Theta Network could therefore grow in importance over time as more consumers look for more ways to consume digital media.
Where to buy Theta Network to benefit from the falling price
Over the past 24 hours, the price of Theta Network has fallen by 5.5%, which gives interested traders the opportunity to buy at slightly lower prices than has been possible recently.
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What makes Theta Network a buy recommendation at the moment?
Apart from the recent price increase, Theta Network also has fundamental strength, as described above in terms of the popularity of streaming services.
Should Theta prevail, it could enable a range of streaming services, such as for ESports, music, television, educational resources, peer-to-peer streaming and more.
The network would also provide an opportunity for advertisers to target advertising more specifically to specific users, which could deprive traditional television advertising and thus the largest source of income in the industry of a significant share.