THETA reaches 3-month high amid rise in short positions
Theta Network’s native token, THETA, has constantly risen over the past two weeks as the broader crypto market gained bullish momentum. THETA reached a three -month high of $0.79 at around 01:00 UTC on Nov. 1 with a total market cap of $790 million. The rise comes as Theta Network’s social volume witnessed a 50% surge over the past 24 hours and a 350% boost since Oct. 28, per Santiment data. THETA price, social volume, Open Interest and Binance funding rate – Nov. 1 | Source: Santiment Moreover, THETA emerged as the top gainer among the top 100 crypto assets, with a 10% hike in the past 24 hours. The asset is trading at $0.756 at the time of writing, with a market cap of just over $755 million. You might also like: 15th anniversary of Bitcoin white paper: From concept to multi-billion-dollar market Theta Network’s 24-hour trading volume skyrocketed by 531%, reaching almost $97 million. According to data provided by the market intelligence platform, THETA’s tota...