Theta lost a quarter of its value in a flash dip following the delay of its mainnet launch.
After recording new all-time highs all throughout 2021, the value of Theta (THETA) dropped 25% in less than 24 hours leading into March 25, following news that the project’s mainnet launch had been pushed back two months. Theta is a blockchain-based video streaming platform that was gearing up for its official Mainnet 3.0 launch next month. On March 24, the Theta team announced that it was delaying the mainnet launch until the end of June. By early Thursday morning, Theta had lost a quarter of its value — falling from a token price of $14.43 down to $10.73.The cause of the mainnet delay appears to have been a late code review, and a last-minute decision to include an NFT marketplace in the upcoming upgrade. “Key partnership opportunities in the NFT space have required us to devote resources to building out the upcoming Theta NF
Źródło: https://cointelegraph.com/news/theta-token-price-sinks-25-overnight-after-mainnet-delay
