Check monthly performance for more details. The worst month is June, four times out of 2, the price at the end of June was lower than starting price. The best month for BitTorrent has been October for the last two years, three times the price of BTTC at the end of October was higher than the price at the start of the month. Historically the price of BTTC last day of February was above the open price one times out of 3, and 2 out of 3 the price was lower than the price at start of the month. 200-day EMA sits at $0.0000008 this is 9.91% of the current rate. BitTorrent price currently sits above the 50 and 100-day EMAs. On the daily chart, exponential moving averages show a bullish signal. The 14-day relative strength index (RSI) stands at 47.54 representing, Natural conditions, meaning market is not Oversold or Overbought at this moment. On the other hand, if it will be able to close above the $0.0000008 level, it can go up to the next resistance level at $0.0000008 The maximum price ever recorded in our base for one BTTC is $0.0000022, it was and 10 Months ago, currently price is down by -66.82% from that high.įrom a total of 17 technical indicators, 5 calls to buy, and 2 to sell, the prediction sentiment short-term is bullish based on technical price analysis.The first major uptrend resistance for BTTC is at the $0.0000008 level, it needs to close above that level to continue to move higher, and bottom support sits at $0.0000007.So if the price falls below $0.0000007, we may see price to go even lower. 45.37% of days, the price of BTTC closed above the opening. And the token price after a few hours stabilized at the level of $ 0.00289.ĭespite the price not being very stable, analysts expect that the token will grow in the next year.The latest price for one BitTorrent/BTTC coin is $0.0000007. But by the end of the month, the gains were lost and the token went back to its support position of $0.00035.Īfter the launch date was announced on the 6th of December, BTT token price skyrocketed and its market cap grew from $2.2 billion to $3.1 billion in a matter of hours. The next months were full of updates, for instance, at the beginning of October the test network launch was announced and that influenced the price to grow a little. At the time the token started to stabilize its value and even reached $.00049 on September 5. This attracted even more attention to the asset from the developers, crypto enthusiasts, and investors.īut then the price started to drop steadily and the market was following bearish trends till the end of July. On April 5 on the wave of the crypto market uptrend, it reached an all-time high of $0.0142. Once BTT goes on mainnet old TRC-10 coins will be replaced with TRC-20.īTT token performed as one of the most active tokens of the crypto space. But the main idea of BTT is to create a limitless world where the exchange of content is easy and fast. It is mainly utilized by the developers of dApps. All the earned assets are stored in the integrated wallet.īitTorrent File System is a protocol and network implementation that offers a peer-to-peer mechanism of uploading and downloading digital content in a decentralized filing system. So the uploaders will get a possibility to earn the assets and will be motivated to seed the file longer. It also offers premium options such as VPN, no ad browsing, etc.īitTorrent Speed is a downloading client like uTorrent but with advanced options, in particular, downloaders will be able to offer tokens to the uploader to improve download speed. And as Bram Cohen thinks exchange of the information, in this case, should be fast and convenient. The initial idea of creating the project was to unload the entertainment industry that got overloaded with the data and became slow and cluttered.ĭespite the fact that the technology has seen a lot of criticism for pirating, Cohen replies that nothing illegal is happening as the users just exchange the content between themselves. As of now, BitTorrent is still considered to be the biggest decentralized P2P communication protocol. The project was originally created in 2001 by Bram Cohen but was bought by TRON blockchain in 2018 and got its own native BTT token after a year in 2019. The asset is used to power a number of dApps including BitTorrent Speed, BitTorrent File system, DLive, etc. BTT is a TRC-10 utility token implemented on the TRON blockchain that powers the most popular decentralized protocols and applications.
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