Theta Fuel Price Prediction 2024: TFUEL Rises Before EdgeCloud v1 Release

Key Takeaways

• Theta Fuel’s TFUEL token debuted on the market in 2019.
• It remained around $0.10 for the whole of 2022 and 2023.
• One price prediction says it may reach $0.30 next year.

Theta Fuel (TFUEL) announced  that the inaugural version of EdgeCloud will be released on May 1st. This version offers AI developers a comprehensive suite of tools and intuitive dashboards for seamless utilization.

This platform will be equipped to handle tasks from leading open-source AI models, including Stable Diffusion for text-to-image and text-to-video, Meta Llama 2, Google Gemma LLMs, and the CodeLlama coding model. Additionally, it will provide full support for Jupyter Notebook, a favored environment for AI model development.

From day one, customers and partners can dive into the platform with ease, thanks to seamless Stripe payment integration. TFUEL payment support will follow shortly after, enhancing accessibility and convenience

Theta Fuel did not immediately respond to a request for comment.

But what is Theta Fuel (TFUEL)? How does It work? Let’s find out, and we can also look at some of the Theta Fuel Price Predictions that were being made as of April 11, 2024.

Theta Fuel Coin Price Prediction

Let’s examine some of the Theta Fuel price predictions made on April 11, 2024. It is crucial to remember that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate. Additionally, please remember that many long-term crypto price predictions are generated using algorithms, which means they can change at any time.

First, CoinCodex  had a short-term Theta Fuel price prediction that saw the coin go to $0.129312 by April 16 before jumping to $0.278664 by May 10. The site’s technical analysis was highly bullish, with 29 indicators sending positive signals and one making a bearish one.

Theta Fuel Price Prediction for 2024

DigitalCoinPrice  said Theta Fuel would reach $0.26 this year, while Changelly  expects it to be at $0.1631, and PricePrediction.net  said TFUEL would close the year at $0.1631. 

Theta Fuel Price Prediction for 2025

PricePrediction.net said Theta Fuel would reach $0.2495, and Changelly sees it at $0.25. DigitalCoinPrice said TFUEL would trade at $0.30. 

Theta Fuel Price Prediction for 2030

Moving on to a more long-term Theta Fuel price prediction, Changelly said the coin would be worth $1.50 in 2030, and PricePrediction.net expects it to be $1.50. DigitalCoinPrice made a TFUEL price prediction of $0.89 at the start of the next decade.

Google Gemini AI Price Prediction for Theta Fuel (as of April 11)

Google’s Gemini AI platform gave the following price prediction for Theta Fuel on April 11. Please remember that the exact price prediction of an asset or cryptocurrency in the future is nearly impossible to achieve. Additionally, artificial intelligence price predictions are predicated on past performances and are not entirely accurate.

Short Term (Next three months)

• Expected price: $0.2224

• Factors to Consider:
  • Overall cryptocurrency market trends.
  • Developments and news related to Theta Network and Theta Fuel.
  • Regulations or restrictions on cryptocurrency trading.
  • Public adoption and integration of Theta Fuel.

Medium Term (Next six months)

• Expected price: $0.25

• Factors to Consider:
  • Overall, cryptocurrency market trends will significantly impact TFUEL’s price.
  • Adoption and development within the Theta Network ecosystem could drive demand for TFUEL.
  • Regulatory changes or negative news could affect the price negatively.

Long Term (Next five years)

• Expected price: $1.20

• Factors to Consider:
  • Adoption of Theta Network: Increased usage of the Theta Network for video streaming and data delivery will drive demand for TFUEL.
  • Success of Theta Edge Computing: Wider adoption of Theta’s edge computing solutions could significantly impact TFUEL’s value.
  • Regulations: Government regulations on cryptocurrencies can significantly affect market sentiment and prices.
  • Competition: The emergence of competing video delivery and data-sharing platforms could limit Theta’s growth.
  • Overall Market Conditions: The overall health of the cryptocurrency market will also influence TFUEL’s price.

Theta Fuel Price History

Let’s now look at some of the highlights and lowlights of the Theta Fuel price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when it comes to either making or interpreting a Theta Fuel price prediction. 

When Theta Fuel first came onto the open market in April 2019, it was worth $0.01719. The coin stayed low for several months before jumping in June 2021, hitting its all-time high of $05895.

TFUEL then dropped in the second half of 2021 and remained around $0.10 for the whole of 2022 and 2023, before jumping a bit again in April 2024. On April 11, it’s worth $0.1147.

At that time, 6.51 billion TFUEL, representing the total supply, were in circulation. This gave Theta Fuel a market cap of about $747.0 million, making it the 104th largest crypto by that measurement.

Is Theta Fuel a Good Investment?

It is hard to say. The coin hasn’t been around for a long time and on the horizon, there’s no clear bullish or bearish sign.

As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in Theta Fuel.

Will Theta Fuel go up or down?

No one can really tell right now. While the Theta Fuel crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can, and do, go down as well as up. 

Should I invest in Theta Fuel?

Before you decide whether or not to invest in Theta Fuel, you will have to do your own research, not only on TFUEL, but on other, related, coins and tokens such as Ethereum (ETH) and Solana (SOL). Either way, you will also need to make sure that you never invest more money than you can afford to lose.

Theta Fuel (TFUEL) Explained

How TFUEL Works

Theta Fuel Attention Tracker

Here is a chart for the Theta Fuel Google search volume for the past 90 days. This represents how many times the term “Theta Fuel TFUEL” has been Googled over the previous 90 days.

FAQs 

Disclaimer

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

About the Author

Giuseppe Ciccomascolo

Giuseppe Ciccomascolo began his career as an investigative journalist in Italy, where he contributed to both local and national newspapers, focusing on various financial sectors. Upon relocating to London, he worked as an analyst for Fitch's CapitalStructure and later as a Senior Reporter for Alliance News. In 2017, Giuseppe transitioned to covering cryptocurrency-related news, producing documentaries and articles on Bitcoin and other emerging digital currencies. He also played a pivotal role in establishing the academy for a cryptocurrency exchange website. Crypto remained his primary area of interest throughout his tenure as a writer for ThirdFloor.

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