|24h High||24h Low||All-Time High||ATH Date||All-Time Low|
|Genesis Date||22nd June 2021|
|Max Coin Supply||5,301,200,000|
Theta Fuel (tfuel) is a digital asset ranked as #39 in BitCourier Cryptocurrency List with market capitalisation of £1.62 Bn. Pound Sterling. In the last 24 hours Theta Fuel's trading volume exceeded £397.15 M.
Current price - £0.3050 GBP. Exchange rate tfuel to USD is $0.42 for one coin.
During the last calendar year Theta Fuel price was volatile and had both periods of growth and decline. In particular in the last 7 days the price changed by -21.94%. (tfuel)'s peak price (All-time high) was £0.48 per coin, this point was reached on 9th June 2021 . From that moment till today Theta Fuel has lost -36.50% in value.
Ratings by crypto community, developers and liquidity are 46.357, 0.000, 50.228.
Theta Fuel (TFUEL) is one of the native tokens on the Theta blockchain. It acts as a gas token and is used as the utility token in decentralized video and data delivery. It powers on-chain operations such as payments to relayers for video streaming services or deployment and interactions with the smart contracts. Besides, TFUEL is used as transaction fees when trading NTFs or deploying DeFi apps. Apart from being a utility token, Theta Fuel is used to reward users who provide Edge Compute nodes (redundant computing power) and Edge Caching nodes (bandwidth resources for video streams and data sharing). The Theta Ecosystem was founded in 2017 by Jieyi Long and Mitch Liu. Their main goal was to build a platform that would reward viewers with better streaming service, content creators earn better payments, while video streaming platforms be able to increase their marketing and revenues. Proof-of-Stake (PoS) and multi-level Byzantine Fault Tolerance (BFT) consensus mechanisms ensure higher transaction throughput and better security in Theta blockchain.