Theta Token Price Takes a Nosedive | Exodus Support Withdrawal Fuels Investor Dismay
Theta investors are becoming increasingly uneasy as the token's price drops sharply, even while Bitcoin holds steady. Recent discussions on forums reveal growing frustration among holders, leaving many questioning the token's viability in a fluctuating market.
Theta’s Decline
Theta remains a standout for its drastic losses; it is reportedly the only major altcoin sliding continually. A frustrated holder recently said, "Does this thing just lost all investors and everyone is jumping off the sinking boat?" This sentiment captures the tone of many in the community.
Exodus Support Withdrawal Worries
Significantly, Exodus plans to stop supporting THETA/TFUEL effective July 13, 2025. This change is expected to hurt liquidity and hinder trading, causing concern among those looking to buy or sell.
Community Reactions and Insights
Commenters on forums are more vocal than ever:
One posted, "It’s pretty garbage at this point. If it was good, buyers would be buying," echoing widespread dissatisfaction.
Geopolitical issues were raised, as one user remarked, "Tencent controls Theta. Tencent is controlled by the Chinese government. Crypto is illegal in China." This adds another layer of complexity to Theta's future.
Amidst the negativity, some urge a long-term view. A user mentioned, "Their edge cloud is going to be good for future business. Theta can still be a big winnerin 3-5 years."
Further comments varied significantly, with one individual noting, "That Crazy4Crypto guy pushed Theta for all it’s worth. He had a huge following with everyone convinced Theta was invincible." Still, others remain hopeful, insisting that "the bottom is near or already here. This project is going to surprise a lot of investors."
Mixed Reactions Abound
While a segment of the community expresses skepticism, a few remain optimistic about future growth. The balance of comments leans toward negative sentiment regarding Theta's performance against competitors. One commented, "Looks like THETA hit an ATL over the last 4 years today."
Key Points from the Discussion
🔽 Exodus will discontinue THETA/TFUEL support on July 13, 2025.
🔻 "They never promoted it in the US or helped promote it," pointed out a frustrated investor, citing marketing failures.
⚡ "Alt season has not started yet! Don’t panic, relax" signaled another commenter, hoping for market recovery.
💡 "I bought at these low prices maybe it’s worth more later," expressed a cautious holder, still believing in Theta's potential.
As discontent grows, many from the community wonder if Theta can regain its footing in a challenging crypto market. April 2025 sees Theta enduring tough times, leaving a lingering question: can the token resurface among its peers?