THETA NEWS Mainnet Launch update from Caleb and Brown
Hello from Caleb and Brown,
We wanted to reach out via email and let you know we have just published a blog post detailing the THETA mainnet launch. Mainnet 3.0 will be within 24 hours so I wanted to ensure I could get this information across to you.
https://www.calebandbrown.com/blog/deep-dive-theta-network-mainnet-launch
With THETA and TFUEL being historically such volatile and aggressively moving coins, I wanted to ensure you had a summary of what the coins are doing and what the potential impacts of this mainnet update could be. It is ultimately anyone's guess on how the market will respond but information can help ensure you're in the best position to take advantage of these volatile coins.
Some notable points to consider:
Historically speaking, THETA and TFUEL run up in price leading up to these major news announcements but correct downwards in price aggressively after the news comes out.
However, historical data may not be valid in this case as the market has changed. Theta and TFUEL have far more trade volume and attention so short term, sharp movements may be less likely.
The news may prove to be very favourable for the long term growth of these coins and the overall Theta ecosystem. In which case short term price movements may be negligible.
Traders may take profits on these coins since they have outperformed Bitcoin in this recent market correction. Especially TFUEL which reached new all time highs three weeks ago.
I hope this is helpful and gives you some information to consider.
Enjoy your day, C&B
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