What is Theta Fuel (TFUEL) and Is It Worth to Buy?

The Theta Fuel cryptocurrency is the operating token of Theta Network, a decentralized video streaming platform. Theta Fuel is used to run video platforms and simultaneously reward viewers who share their free bandwidth to reduce broadcasting costs.

This decentralized broadcast network is an advanced business model, because it pays viewers to watch their videos. Theta's decentralized network architecture improves the quality of video streams by using a distributed network of nodes to deliver video content.

This unique approach differs significantly from the traditional reliance on centralized content delivery networks (CDNs). By employing the users' free bandwidth and computing resources, Theta provides efficient and high-quality video streaming. Users are incentivized to share their resources with Theta Fuel (TFUEL), a Theta token.

The daily chart shows that the TFUEL price has been in a strong bullish trend in the past week. This rally comes as the token has formed an inverted head and shoulders pattern. Indeed, the coin has clearly moved above the previously stubbornly descending trendline.