12/3/2023 0 Comments Bittorrent token aprilIt also doesn’t hurt that the BTT token is connected with another cryptocurrency (Tronix) which also has had a good track record - up over 450% so far this year.īTT crypto has a market capitalization of $7.39 billion, according to Coindesk on May 8. It doesn’t hurt that the BTFS technology is well known with a long track record and a good history. That kind of performance is starting to attract attention. That is probably one of the highest and fastest spikes of all altcoins, other than Holo (CCC: HOT-USD) which is up 26 times. If you have bought $2,890 BTTs, your 10 million BTTs are now worth $74,630. As of May 8, those 1 million BTTs are now worth $7,463. $289 would have bought you 1 million BTTs on Dec. As of Saturday, May 8, BTT traded at $0.007463 per BTT. Coindesk indicates that it ended 2020 at a price of $0.000289. So far this year, the BTT is up twenty-five-fold. The MAUs also owen the value of its BitTorrent token. Its BTFS technology allows the desktop creation of smart contracts and decentralized file-sharing. BitTorrent uses the Tron blockchain network to function as a cryptocurrency (the token currency is called a BTT).Īs of April 2021, BitTorrent, based in San Francisco, has over 100 million monthly active users (MAUs), according to CoinGape. It wants to try to compete with Ethereum (CCC: ETH-USD).īitTorrent technology and Tron are both peer-to-peer decentralized protocols. Tron is also a blockchain with an independent peer-to-peer network. Tron was started by a Jack Ma protege, Justin Sun who is also now the CEO of BitTorrent. BitTorrent founded by Bram Cohen and later sold in 2018 to Tron (CCC: TRX-USD).
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