Theta Network THETA

Where THETA sits in the market

#182 places Theta Network in the upper mid-cap band. Liquidity is already fragmented at this depth: a large share of real THETA volume can sit on two or three venues, so a quote on a secondary exchange may lag the primary market by seconds and by more than a basis point. Position size matters more than entry timing here.

CryptoPingAi is currently streaming 5 live THETA order books (Binance, Gate.io, HTX, Upbit, Bithumb). That is coverage in line with a #182 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

THETA against its all-time high

THETA is more than 95% below its all-time high of $15.72 (on 2021-04-16) — a 98.9x gap. At this point the record has essentially no analytical value: it belongs to a different supply structure, a different holder base and often a different market cycle. The useful reference for THETA is the downside, not the peak, so the range section below matters more than this one. It was set 6 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

THETA across its historical range

THETA has traded across a 389x range, between $0.0404 and $15.72. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

THETA trades roughly 3.94x above its record low of $0.0404 (on 2020-03-13). Recovery from the bottom has been limited, which means the low is still close enough to function as a real reference level rather than a historical footnote.

THETA supply structure

THETA has a hard cap of 1.00 billion THETA, with 1.00 billion of it already in circulation — 100.0% issued. Issuance is effectively finished, so there is no scheduled dilution: every future change in market value has to come from price, not from supply mechanics. That removes one of the two variables you would otherwise have to track.

What kind of asset THETA is

Theta Network is tagged in the AI category, which in this market is a narrative cluster before it is a technical one. Assets here tend to move together on AI sentiment — often correlating with equity-market AI news rather than with the rest of crypto — and the correlation is strongest exactly when the narrative is hottest. That makes sector rotation, not project-specific news, the usual explanation for a large move.

CoinGecko files THETA under 7 categories, including Artificial Intelligence (AI), Layer 1 (L1), DePIN, Theta Ecosystem, Blockchain Capital Portfolio. Worth flagging from the metadata: THETA is tagged as US-originated.

How to set a Theta Network alert that is worth receiving

Theta Network (THETA) — quoted on 5 venues we stream — high dated 2021-04-16 — rank #182. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →