Altcoin Bubble Case Study: THETA 66X in one year

BINANCE:THETAUSDT   Theta Token / TetherUS
THETA was selling on March 2020 for 0.06usd.
On February 2021 the price was 66X higher, 3.96 usd.

What made it so valuable during this period to worth $3,312,295,484???

Who is manipulating the price?

What happened last year? Did THETA saved the world from cancer?

During March 2020 and February 2021 Covid happened. And people stayed at home and didn`t spent their money on restaurants, holidays or cinemas. And they were easily manipulated on social media.
That`s the real fundamentals that LINK had in that period.

I am looking forward for your opinions!

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You're a Moron!
+5 Reply
@kwizard90, you bought late and want to moon?
THETA is undervalued... you probably should do some research into the broadband crisis that looms for internet of the world. Hey guess what
THETA fixes that problem. on top of decentralized distribution of broadband its YouTube 2.0 a decentralized video streaming and storing platform that YOU CAN USE TODAY... LIKE TODAY. not like all these other crypto projects that are mostly hype about what they bring to the table.
+3 Reply
+1 Reply
You're right on target
+1 Reply
You are new to crypto ? :)
+1 Reply
MaxL82 MaxL82
@MaxL82, at least THETA is the real world project with actual application.
What about useless meme coins like Dodge which have even higher m.cap than theta ?
@MaxL82, still overvalued.
As a project seems promising. I”m not sure about the time needed for Theta network to be mainstream solution. If you try to watch any channel on right now, you will notice in analysis that most of the traffic still coming from CDNs like Akamai, including the official NASA’s channel (which I believed to receive most of the traffic (90% in my tests) through Theta network since most of us we were excited about the landing on Mars, which translates to an increased amount of viewers). Technically (and not financially!) speaking, for a live stream to be efficiently broadcasted via Theta network, it should have audience, willing to share also their upload bandwidth to share the stream around, normally during the time they watch it and get paid newrly0.0xx TFUEL for this which is still nothing. Also keep in mind that the majority of people are not involved in crypto currencies at all and possibly if you tell them: watch this great stream and you will get 1 TFUEL per day, well... I think you know the answer there. Oh yes, there are the Edge nodes which are responsible for rebroadcasting the streams. This could be work somehow with live streams, if many of the node operators who also decided to stake tfuels there (even from the beta stage), stop using cheap windows VPSes in cloud providers or their old windows pc using low QoS traffic configuration. VoD feature is also in beta stage and it would be interesting to see how it will works and if the data storage will take place in Edge nodes by tokenising also the disk space. I think that Theta is still in its infancy and it is not YouTube 2.0. It may be sometime in the future the YouTube 5.0 but not now. It’s ofcourse an amazing real world project, but I think that it will be extremely difficult to get real world users like your wife, your children, your parents or the beautiful girl who serves your coffee every morning. It will costs many many years.
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