Theta Token (THETA), presently ranked among the top 100 cryptos while being placed at the spot number 91 by the latest events, has bot mentioned by Binance te one of their latest announcements, so it seemed like Theta might surge with having its listing announced a duo of days back. However, it seems that Theta Token embarked to plummet against the dollar despite the supplement by Binance talent te the form of the announced listing that should take place on May 29 th .
Binance Announces Listing for Theta Token: Reactions are Divided
One of the latest supplements that affected THETA by helping it surge against the dollar around 48 hours ago when Theta could be seen rising up against the dollar for overheen 30%.
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The massive bounce off which resulted ter an enlargened trading volume took place ter the middle of the market keerpunt which made Theta Token stand out from the crowd with gaining around 32% against the dollar while trading te the green.
The main reason for having Theta Token price surging up against this fiat currency is said to be the latest announcement made officially by Binance.
Evidently, since Binance began to add coins like DigiByte and Odyssey, which most certainly enhanced the visibility of this token when it comes to the universal rente of the investor and the market request, so Theta Token found its way towards getting a listing on one of the thickest exchange platforms.
The opinion on the matter of having Binance listing Theta Token seem to be divided spil some crypto enthusiasts are claiming that coins like Theta Token are paying for large extortion fees ter order to be listed on exchanges like Binance, which were up until the latest turn of events, exclusively reserved for top vooraanstaand coins.
The other side of the community disagrees, believing that projects like Odyssey or Theta Token are far from empty coins with no actual purpose. Binance seems to be sharing that vision since it embarked out with listing “small” coins like Theta Token.
The listing made the price of Theta Token (THETA) go up while surging against the dollar by 32%, albeit wij can see the coin down while trading te the crimson only a duo of days zometeen while ripping off by overheen 12% at this point.
Binance has announced the listing of Theta Token with common trading pairs THETA/BTC, THETA/ETH and THETA/BNB, the coin became available for live trading on Binance on May 29 th , followed by the announcement that came a day before.
The Launching of the Theta TestNet
Besides from getting the titillating news of having Theta Token listed te one of the greatest exchanges te the market, the team behind Theta Token has announced superb news while reminding their Twitter followers that the date of the testnet launching is approaching.
Ter their latest tweet that wasgoed released at the time of this writing. On May 31 st , Theta Token announced on their Twitter pagina that the test netwerk is going to be launched ter June while their team is going to make the blockchain source available on Github alongside with development instruments for the community.
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With the availability of the blockchain source, the developers would be able to join the competition and embark making decentralized apps on the provided blockchain source. The best projects are to be hand-picked and sponsored by Theta Token.
This is another superb stir for Theta Token, and can most most likely aid the coin ter the market at this ogenblik when Theta Token can be seen ripping off by overheen -12% against the dollar.
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Theta Token and the Market
Theta Token has just bot added to Binance which made its price surge up by 32% against the dollar ter the course of only 24 hours, despite the sluggish trend te the market that has taken overheen the entire market.
Theta Token marked its success ter the market on the given day when the 32% surge took place, however, wij can now see it pulling down despite the good news about the upcoming testnet while trading te the crimson and going down against the dollar.
Following the latest switch ter the market, Theta Token has dropped by -13.25% against the dollar while trading ter the crimson.
Ter addition to losing against the dollar, Theta Token is also going down against BTC by -14.89 and ETH by -16.58.
After the latest switch te the market, Theta Token can now be traded at the price of 0.24$, which means that Theta Token (THETA) is being traded close to its record price of around 0.30$ which wasgoed set back te January then shortly revisited at the end of May with the listing on Binance exchange.