thenewscrypto.com
- THETA and TFUEL surge as the network launches Mainnet 3.0 on June 30.
- Theta 1-click delegated staking is now live on the theta web wallet.
- TFUEL’s price surged by 35% following the release of Theta protocol v2.4.0.
The update on the network’s protocol results in a price hike. Besides, investors are excited because of a new feature live on Theta’s web wallet and it attracts new investors.
THETA token gathered 50% and TFUEL gained 71% following the network’s launch of Mainnet 3.0 on June 30. After announcing that the Creative Artists Agency, a talented and sports agency, has become the network’s new validator node operator, the price of THETA and TFUEL began to rise.
Consequently, Theta 1-click delegated staking is now live on Theta web wallet which brings excitement to the community as the simplified method of yield farming is suitable for holders who choose not to deal with much more complicated yield farming methods.
Theta 1-click delegated staking now live in the Theta Web Wallet! With this new feature, you can delegate your THETA to stake to community-run Guardian Nodes that have volunteered their nodes for use. You can find all the details in the latest Theta blog:https://t.co/sXWRiypr60
— Theta Network (@Theta_Network) June 4, 2021
Moreover, Investors wishing to connect to a network must hold a minimum of 1,000 THETA tokens. Since June 6, more than 60% of all THETA tokens in circulation were locked on the protocol for network validation.
On June 7, the dual token system received another bump up with the release of the updated Theta protocol v2.4.0. Following the release, the price of TFUEL increased by 35% from a low of $0.42 on June 6 to a high of $0.565 on the same day.
Significantly, during the same period of time, THETA’s price also rose by 26% from a low of $8 to a high of $10.8. But since drops below $9.20 as traders are fearful of holding altcoins due to concerns about a bearish Bitcoin outcome.