Down, but not out: Here’s why Theta could be a breakout star in 2022

Published 01/17/2022, 03:28 PM
Updated 01/17/2022, 05:00 PM

2021 was a rollercoaster ride for many projects in the cryptocurrency market but as is the nature of crypto, many tokens hit new all-time highs and then spent the following months drifting lower as the hype surrounding the project faded and traders moved into greener pastures.

This is exactly what happened with Theta, a decentralized broadcasting platform that allows users to earn rewards by contributing their computing resources toward the health of the network.

THETA/USDT 1-day chart. Source: TradingView
TDrop supply release schedule. Source: TDrop whitepaper
THETA/USDT weekly chart. Source: TradingView
THETA/USDT daily chart. Source: TradingView

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