BTT is a crypto torrent token in BitTorrent Speed, enabling a healthier BitTorrent protocol. With the use of BitTorrent Token (BTT), you can enjoy faster download speed. In recent, BTT price has seen a bullish run, retargeting to achieve its ATH. There are still some clarifications to be given that can prove BTT's price prediction.
Table of Content
What is BitTorrent Token?
BTT Current Market Status
BTT Price Analysis 2021
How to buy BTT in India?
What is BitTorrent Token?
BTT is a TRC-10 utility token based on the blockchain, but later TRON extended the protocol and its operational model by introducing BitTorrent Token. In general, it is an improved business model, supporting an incentivization system when users share their data, files, and bandwidth. BitTorrent was launched and developed in 2001 by Bram Cohen and David Harrison. Later, Justin Sun acquired BitTorrent through TRON Foundation. BitTorrent got acquired by TRON Foundation in 2018.
BTT Current Market Status
BTT current market status involves its current market capitalisation of $2,642,077,513 with a fully diluted market cap of $3,972,985,277. BTT has a circulating supply of 659.95 billion, with the max supply brought out being 990,000,000,000. BTT touched its ATH of $0.01426 on Apr 05, 2021, increasing its market dominance to 0.09 per cent. If you've invested in BTT at the time of its ICO, you would have the yield the ROI of 3246.33 per cent.
BitTorrent Price Analysis 2021
So far, BTT is maintaining its stability throughout time. It is enough to satisfy the investor to invest in BTT as it has now shown the positive sign of retargeting its ATH.
The above chart is on the daily timeframe indicating the Ascending Channel Trend pattern. In the future, it might show higher highs and higher lows, leading to a profitable market gain for short-term traders. After November, the BTT will turn from the static momentum to the bullish run.
BTT Price Prediction 2021
In a short-to-mid term scenario, the price for BTT may be volatile. The BTT needs to gain the lost ATH and continue to be bullish. Having the bullish momentum with no oversold or overbought state will give a good push to its price, creating future confidence for short-term and long-term traders.
On November 8, 2021, BTT was trading at $0.003971, and if the market set the bull, the price to continue to hike till the end of December. The price is expected to reach $0.095.
FAQ
What is BTT Token?
It is a P2P file sharing and torrent platform which became decentralised after being acquired by Justin Sun through TRON.
How to Buy BTT Coins from Flitpay?
To buy BitTorrent Token, you need to signup by filling in the details as suggested. Fill the KYC and other formalities to proceed further. Once done, you can use our quick buy and sell the option to trade instantly.
Will BTT Surpass its Current ATH?
If the bull run continues until December, chances are that it might surpass its current ATH.
What will be the BTT price by the end of 2021?
BTT may reach $1 sooner, but not now. To do, BTT still needs to increase its market cap.
What will be the BTT price by 2022?
BitTorrent (BTT) price is expected to reach $0.008.
Is BTT a good investment in 2021?
Yes, for short-term traders, it can be a good investment.
