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Theta Coin 2021 price prediction. Why does theta jump up?

While Theta has skyrocketed more than 500 percent in the past three months, it’s uncertain whether its market cap will increase. It could end up beating Litecoin and Uniswap, which market caps are $ 13.3 billion and $ 14.6 billion, respectively. However, it’s hard to see Theta defeating Cardano or Tether with market caps close to $ 40 billion.

The main problem with Theta’s price is that most of the tokens are controlled by a few large wallets. Around 61 percent of the total theta coin supply is in ten wallets, which means the market is easy to manipulate. These large owners, called whales, can see prices drop if they decide to sell their large stakes and take advantage of these record prices.

In all honesty, I’d say theta is about to peak. There is a point in any asset class where explosive growth is simply no longer possible, and theta may have already passed that point. Long-term growth is still possible, but don’t be surprised if some whales cash out their winnings, which could lead to a drop in prices. At the same time, if this current bitcoin bull market collapses, altcoins will collapse too. Keep this in mind when thinking about a short term or long term theta coin.

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