$THETA ranks #3 in trending searches, and $TFUEL ranks #5. Both are down more than 98% from their all-time highs.
THETA peaked at 15.72 in April 2021. It’s now around 0.192, just 1.2% of its peak.
TFUEL peaked at 0.68 in June 2021. It’s now 0.0088, just 1.3% of its peak.
When people see a 98% drop, their first thought is often that it’s cheap.
But THETA would have to rise 80x to return to its peak—and something down 98% can still be cut in half again.
Neither has moved much today: THETA is down 2.6% over 24 hours, and TFUEL is down 0.9%. THETA’s daily trading volume is only around $3 million.
They’re trending, but the money hasn’t followed yet.
My approach is to wait for volume to return before looking at the price. Cheap doesn’t mean it’s time to buy.
#THETA #TFUEL #Cryptocurrency #MustReadForBeginners
For more resources, see the BIO on my profile.
Not investment advice. Investing involves risk.
THETA peaked at 15.72 in April 2021. It’s now around 0.192, just 1.2% of its peak.
TFUEL peaked at 0.68 in June 2021. It’s now 0.0088, just 1.3% of its peak.
When people see a 98% drop, their first thought is often that it’s cheap.
But THETA would have to rise 80x to return to its peak—and something down 98% can still be cut in half again.
Neither has moved much today: THETA is down 2.6% over 24 hours, and TFUEL is down 0.9%. THETA’s daily trading volume is only around $3 million.
They’re trending, but the money hasn’t followed yet.
My approach is to wait for volume to return before looking at the price. Cheap doesn’t mean it’s time to buy.
#THETA #TFUEL #Cryptocurrency #MustReadForBeginners
For more resources, see the BIO on my profile.
Not investment advice. Investing involves risk.