BitTorrent [New] (BTT) Shows Positive Momentum with 1.66% Daily Rise

As of September 5, 2024, BitTorrent [New] (BTT) has shown notable performance in the cryptocurrency market. With a current price of $0.00000081 USD, BTT has experienced a 1.66% increase in the last 24 hours. This article delves into the details of BitTorrent [New]’s market performance, its unique features, and its future potential.

Market Performance

BitTorrent [New] currently holds a market capitalization of $780,585,537 USD, ranking it #72 among cryptocurrencies. The 24-hour trading volume stands at $16,664,545 USD, accounting for a 2.79% increase. The volume/market cap ratio is 2.14%, indicating a relatively active trading environment.

Over the past 24 hours, the price of BTT has fluctuated between a low of $0.067866 and a high of $0.06821. Despite the volatility, BTT remains a popular choice among investors, with 167,690 watchlists and bullish sentiment from 84% of community votes.

Historical Performance

BitTorrent [New] reached an all-time high of $0.053054 on January 18, 2022. Since then, it has seen a significant decline of 73.61%. However, the cryptocurrency hit an all-time low of $0.063657 on October 13, 2023, and has since rebounded by 120.46%.

Circulating and Total Supply

The circulating supply of BTT is currently 968,246,428,571,000 coins, with a total supply of 990,000,000,000,000 coins. The fully diluted market cap is estimated at $798,122,935 USD.

About BitTorrent [New]

BitTorrent is a renowned peer-to-peer (P2P) file-sharing and torrent platform that has embraced decentralization in recent years. Originally launched in July 2001, BitTorrent was acquired by blockchain platform TRON in July 2018. Following its acquisition, BitTorrent introduced several new tools and launched its native cryptocurrency token, BTT, in February 2019 on TRON’s TRC-10 standard blockchain.

According to its official literature, BitTorrent is the world’s largest decentralized P2P communications protocol. This unique feature has made it a significant player in the cryptocurrency market.

Key Features and Security

BitTorrent’s decentralized nature and integration with TRON’s blockchain enhance its security and scalability. The platform’s decentralized P2P protocol ensures that data is distributed across multiple nodes, reducing the risk of central points of failure and enhancing data security.

Where to Buy BitTorrent [New]

For those interested in purchasing BTT, several top cryptocurrency exchanges offer trading options. Currently, Binance, Bybit, OKX, KCEX, and BTCC are among the leading exchanges for trading BitTorrent [New]. Additional exchanges can be found on various crypto exchange listing pages.

Conclusion

BitTorrent [New] continues to be a significant player in the cryptocurrency market, demonstrating resilience and growth potential. With its strong community support, decentralized protocol, and integration with TRON’s blockchain, BTT is well-positioned for future advancements.

As the cryptocurrency market evolves, BitTorrent [New] remains a token to watch. Investors and enthusiasts alike should keep an eye on its performance and developments to make informed decisions.