What is Throne (THN)?

In this comprehensive guide to Throne (THN), we will delve deeper into the intricate workings of the project, and also offer practical advice on how to buy and securely store your Throne (THN) tokens. Understanding the context of Throne’s creation, its underlying technology, and its mission are essential to appreciate the value it brings to the ecosystem, giving you the knowledge and confidence to join the Throne (THN) community. 

Where to buy Throne (THN)?

First things first. Buying Throne (THN) involves a three-step process. First, set up an account on a reputable cryptocurrency exchange that supports Throne (THN). Next, deposit funds into your account, taking into consideration the different fee structures associated with various payment methods such as credit and debit cards, e-wallets, and direct bank transfers. Lastly, purchase Throne (THN) on the exchange by inputting the amount you wish to spend, with the platform calculating the equivalent amount of Throne (THN) based on the current market rate. We recommend buying Throne (THN) on any of the following cryptocurrency exchanges:

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What is the Throne NFT Marketplace?

The Throne NFT Marketplace is a cutting-edge platform that revolutionizes the concept of digital ownership and trading, leveraging the power of blockchain technology. Non-Fungible Tokens (NFTs), digital assets that cannot be replaced or duplicated, are already part of our digital lives in the form of domain names, event tickets, in-game items, and social media handles. However, these digital assets often lack the freedom of transferability and genuine ownership seen in the physical world. Throne aims to solve this problem by providing a digital marketplace that brings true ownership and fluidity to the trading of these assets.

Traditionally, digital assets have faced a lack of uniform representation in the digital realm. These assets are generally confined to the environments they were created for, making the transfer of these assets across platforms a complex process. The Throne NFT Marketplace changes this narrative by incorporating the use of blockchain technology to provide a unified, interoperable standard for these digital assets. This standardization allows digital assets, represented as non-fungible tokens (NFTs), to move seamlessly across multiple ecosystems.

Interoperability, a key aspect of the Throne NFT Marketplace, allows NFTs to be readily accessible across multiple platforms, providing a clear and reliable application programming interface (API) for data reading and writing. This means that when a developer launches a new NFT project on the Throne NFT Marketplace, these NFTs are immediately visible and tradeable on various wallet providers and marketplaces, even allowing for display in virtual worlds.

The Throne NFT Marketplace also champions the free trade of NFTs on open marketplaces, bringing a level of tradability to digital assets that’s unprecedented. Users can now move items out of their original environments and into a marketplace where they can enjoy sophisticated trading options. These options include eBay-style auctions, bidding, bundling, and the ability to sell in any currency, such as stablecoins.

Liquidity is another advantageous feature of the Throne NFT Marketplace. The instant tradability of non-fungible tokens leads to increased liquidity, allowing for a broader audience engagement. From hardcore traders to novice players, the marketplace opens up the exposure of the assets to a wider pool of buyers, resulting in a more dynamic and fluid trading environment.

The Throne NFT Marketplace is built on the ERC-721 standard, which is an Ethereum standard for non-fungible tokens. This standard ensures that the tokens have a specific behavior, making it easier for developers and users to interact with them. ERC-721 provides a set of rules for creating NFTs on Ethereum Virtual Machine (EVM) compatible blockchains. This includes functions that allow for the display of simple token information, the verification of token ownership, the approval and transfer of tokens, and even the ability to link a token’s metadata or data link.

Throne development updates in 2023

Throne (THN) cryptocurrency has experienced several key developments in 2023, reflecting its dynamic presence in the blockchain and NFT market space. Here are the most significant updates:

• Market Performance: As of November 2023, Throne’s market cap stood at approximately $12.39 million with a price of $0.031650. The THN/USD pair showed fluctuations over several months, with a general downward trend in price. The highest price in this period was recorded in July 2023 at $0.045566, and the lowest in September 2023 at $0.029915​​.

• Price Predictions: Various predictions for Throne’s price have been made for the upcoming years. By the end of 2023, the price is expected to reach around $0.026416. Looking ahead to 2024, predictions suggest a potential increase to $0.057275. Further, the 2025 forecasts indicate a significant rise, potentially reaching as high as $0.196476. Long-term predictions for 2030 suggest a price range between $0.143558 and $0.181706​​.

• Throne’s Ecosystem and Utility: Throne is known for its development of extraordinary experiences for the decentralized web, or Web3. It focuses on a user-owned data model, secure digital transactions, and decentralized information and value exchanges. A key component of Throne’s offerings is the Throne Market, an NFT marketplace for collecting and trading unique digital artworks. These artworks are created by artists within the network and tokenized as crypto-collectible digital items​​.

• Tokenomics and Circulating Supply: Throne’s circulating supply stands at around 390,752,313 THN, with a total supply of 1,974,198,687 THN. The fully diluted market cap is estimated at $45,709,903. THN, the utility token for the Throne community, network, and ecosystem, is designed to democratize platforms and power the economy of the future. It plays a critical role in the Throne ecosystem, enabling users to collect various pets, gemstones, and other collectibles as NFTs and participate in different activities within the metaverse​​.

• Network Security and Token Availability: THN is an ERC-20 token launched on the Ethereum blockchain, leveraging Ethereum’s proof-of-work (POW) consensus mechanism for security. It’s available on several exchange platforms, including decentralized and top centralized exchanges, making it accessible to a wide range of investors and traders​​.

These developments highlight Throne’s growing role in the blockchain and NFT space, with its focus on creating a robust and interactive Web3 experience. 

Best cryptocurrency wallet for Throne (THN)

Navigating the world of cryptocurrency wallets can be quite an adventure, as there are numerous options available to suit different needs. To find the perfect wallet for you, consider your trading habits and the level of security you require. Generally, there are two main categories of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical).

Each type of wallet comes with its own set of advantages and drawbacks, so there isn’t necessarily a one-size-fits-all solution. As you embark on your journey to find the best crypto wallet for your Throne (THN) tokens, remember to keep an open mind and explore the features that align with your personal preferences and requirements.

When choosing the right wallet for your Throne (THN) tokens, consider the following factors:

• Trading frequency: Hot wallets are generally more suitable for active traders due to their quick login capabilities, allowing for seamless buying and selling of crypto. Cold wallets, on the other hand, are better suited for those who make less frequent trades.
• Supported cryptocurrencies: Although not all wallets cater to every cryptocurrency, some of the best ones can trade a vast array of currencies, offering a versatile experience. Make sure the wallet you choose supports Throne (THN).
• Security concerns: If you’re worried about potential hacking incidents, a physical cold wallet stored in a safe deposit box or a secure location at home provides the highest level of protection. However, if you’re confident in safeguarding your hot wallet, you might prefer its convenience.
• Associated costs: Investigate the costs of each wallet option. While many hot wallets are free to set up, cold wallets, being hardware devices, will require an upfront investment.
• Wallet features: While the basic functions of cryptocurrency wallets remain the same, additional features can distinguish one wallet from another. Hot wallets often come with advanced reporting tools, crypto market insights, and currency conversion capabilities. Security features can also be an essential factor when making your decision.

By considering all of these aspects, you’ll be better equipped to select the perfect cryptocurrency wallet for your Throne (THN) tokens.

For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.

If you’re planning to handle larger amounts of crypto, investing in cold storage can be a wise decision. Two of the most popular cold storage options are the Ledger Nano and the Trezor.

Ledger creates cold storage wallets designed for users who prioritize security. Their wallets are physical devices that connect to your computer, and you can only send cryptocurrency from them when they’re connected. Ledger offers a range of products, including the Ledger Nano S and the Ledger Nano X, which features Bluetooth connectivity.

Trezor, a trailblazer in the hardware wallet industry, combines top-notch security with an intuitive interface and compatibility with various desktop wallets. This blend makes it suitable for both beginners and experienced users. Trezor has earned a great deal of respect within the Bitcoin community over time. They offer two primary models – the Trezor One and the Trezor Model T, which comes with a built-in touchscreen.

• Market Capitalization And Daily Trading Volume
• Current Market Price Of Every Cryptocurrency Relative To USD (And Some Local Currencies)
• Circulating And Total Supply
• Historical Charts With Prices Relative To USD, Bitcoin (BTC), And Ethereum (ETH).

Where is the best place to buy Throne (THN)?

We recommend either Bybit, MEXC or Gate.io as these platforms excel in functionality, reputation, security, customer support, and competitive fees.

How to buy Throne (THN) in Europe?

In Europe, acquiring Throne (THN) tokens is a seamless process, with numerous reputable cryptocurrency exchange platforms available to cater to your needs. Among the top choices, we recommend Bybit, MEXC, or Gate.io due to their outstanding performance in key areas such as functionality, reputation, security, customer support, and competitive fees.

These platforms have established a strong presence not only in Europe but also globally, offering an extensive range of cryptocurrencies, including Throne (THN).

How to buy Throne (THN) in the US?

For the United States, buying Throne (THN) tokens is also an effortless process, we particularly recommend MEXC, a top-tier exchange that excels in functionality, reputation, security, customer support, and competitive fees.

MEXC has established a strong presence in the US and across the globe, offering a wide range of cryptocurrencies, including Throne (THN). Catering to US-based customers, MEXC provides a user-friendly interface, responsive customer support, and multiple payment options, making it easy for users throughout the country to invest in digital currencies.

How much does Throne (THN) cost to buy?

Unlike traditional trading options, cryptocurrency allows for fractional purchases, so you don’t need to buy whole coins. This flexibility means you can begin investing in Throne (THN) and other digital currencies with an investment as low as $1!

Is it safe to buy Throne (THN)?

Safeguarding your investments is a joint effort, and adhering to recommended security practices is crucial. The first step to safely buying Throne (THN) is selecting a reputable exchange known for its reliability and strong security measures. Make sure to choose an exchange with a proven track record and positive reputation in the industry to minimize potential risks.

Is it Possible to Convert Throne (THN) to Cash?

Absolutely! After choosing your preferred cryptocurrency exchange platform, you can effortlessly convert your Throne (THN) tokens into cash at the current market rate using the exchange’s user-friendly trading interface.

What is the Throne (THN) Crypto Price Forecast?

Accurately predicting the Throne (THN) price for any time frame is challenging, but various fundamental factors offer insight into the token’s potential price fluctuations and volatility. Essential aspects to consider include:

• Adoption Rate –  Increased on-chain activity, driven by the growing number of developers and users on the Throne (THN) platform, may lead to higher demand and value for it. This expansion could also boost investor confidence, prompting more people to buy and hold the tokens.
• Innovative Developments –  The introduction of innovative features that improve Throne (THN)‘s capabilities can make the project more attractive for usage or investment, potentially driving up the token price. Furthermore, the Throne (THN) cryptocurrency value may experience a surge following announcements of new partnerships and investments in the project.
• Market Sentiment –  The overall market outlook significantly impacts Throne (THN) crypto price trends. A risk-on attitude among global investors encourages buying activity in the crypto market, supporting Throne (THN)‘s price. On the other hand, bearish or risk-averse sentiment can trigger sell-offs that may negatively affect the price in the market.