At the end of December 2019, BTT received the needed support and was trading at $0.0003. Again, the coin experienced a significant downfall until the end of the year. By October 2019, BTT was trading at 0.0005 USD. In the third quarter, BTT plunged considerably to 0.001 USD and continued the fall until the quarter. Later, BTT recorded its all-time high by reaching 0.01426 USD at the start of April. The BTT continued with this bearish momentum for several months. An explosive pump was experienced in February. However, later in February, BTT launched a great start by surging as high as 0.0011 USD per cryptocurrency unit. Since its launch in 2019, the cryptocurrency has lost about 80% of its launching value.įollowing its listing on CoinMarketCap on January 31, 2019, BTT traded at a closing price of around 0.0004 USD in the first two days. 2019īitTorrent token has had a rough year since landing on the cryptocurrency markets. The expansion of BitTorrent into the cryptocurrency market was intended to make it a more distributed network, compensating providers while increasing the efficiency of sharing large files to reduce server and network impact. Thus, if requesters wish to download the said file, they receive pieces of the same file from multiple providers. Providers who host a file split them into several pieces. Transactions begin when a user asks for files from the providers who host the files on their computer. In terms of market cap, BitTorrent is currently ranked 2 in the Tron Network sector.īitTorrent is a software that connects parties accessing its network to compute file sharing requests at its core. The BitTorrent price prediction sentiment is currently bearish.īitTorrent’s current circulating supply is 990.00B BTT out of max supply of 990.00B BTT. The highest BTT price since the last cycle low was $ 0.005334 (cycle high). The lowest price since it’s ATH was $ 0.001798 (cycle low). The BTT price increased 0.01%in the last 24 hours.īitTorrent reached its highest price on when it was trading at its all-time high of $ 0.013830. BitTorrent cryptocurrency is now recognized as one of the most extensive peer-to-peer software in the cryptocurrency market.īitTorrent price right now is $ 0.002555 with a 24-hour trading volume of $ 143.62M, market cap of $ 2.53B, and market dominance of 0.12%. Users on the TRON blockchain can use BitTorrent coin (BTT) to play along with content creators’ files on the network. BitTorrent provides a market of the most extensive file-sharing protocol with more than 100 million users. And since then, has been championing for files users to share files among themselves without breaking copyright laws.īitTorrent is a peer-to-peer file-sharing market platform that has become more decentralized in recent times. The original founder of BitTorrent, Bram Cohen came up with the platform back in 2000. Which was a means to adding more decentralization to the entertainment platform. The following would see the company launch the BTT cryptocurrency through the TRON blockchain. First on the list being an announcement by Binance to support BTT’s token migration and redomination plan which is set out to take place on the 11th of January, 2022.īitTorrent Token’s parent company BitTorrent took a different turn once it got acquired by TRON in 2018. Well, there are lots of events to anticipate in 2022. Factors influencing the growth of the coin then can be attributed to Binance listing the BTT/TRX pair, as well as getting listed on BitPanda.īesides, Kucoin also went on to list the BTT token in March of 2021. Counting down events from the last year, the token team was able to deploy the world’s first decentralized live stream, the Dlive protocol.Īdditionally, the coin’s market value surged to a whopping $3.5 million. The BitTorrent Token (BTT) is yet to celebrate its third birthday on January 20, 2022. Along the way, we will take a look at BTT price analysis before we go into BTT price prediction.īTT token is bought and spent by those who request data or wish to increase their download speed. Going by its market cap, it has become one of the best gainers in the shortest time. 0x is down 5.28% in the last 24 hours. The current CoinMarketCap ranking is #136, with a live market cap of $398,297,602 USD. It has a circulating supply of 847,496,055 ZRX coins and a max. The live 0x price today is $0.469970 USD with a 24-hour trading volume of $40,286,655 USD. The new ownership then introduced BitTorrent to the crypto market to help expand BitTorrent protocol and incentivize the volume of users or traders on the network. To that end, BitTorrent was acquired by the Tron Foundation, creators of the Tron blockchain, in 2019. Since its launch in 2000, BitTorrent has struggled to monetize its massively popular service into a profitable investment.
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