Based on the historical price action, our BitTorrent coin prediction suggests that the token may reach a maximum price of $0.00000265 by 2025. A total of 7.1 Million BitTorrent miners are waiting for the golden day when the price will reach its all-time high of $0.000003054. Some factors that lead to the sudden price increase of BitTorrent may include supply, demand, cryptocurrency exchanges, cost of production, and media coverage. However, the market cap is $369.24M, the volume saw a 9.75% increase in the last 24 hours, and the current value is $21.69M. The price is low compared to its top competitors like Bitcoin, and BTT is going through a 0.42% price decrease in the last few days. Current State of BitTorrentĭue to the sudden BTT price drop that has caused quite a stir in the crypto community. This translates to the availability of 990 trillion tokens in the cryptocurrency market, offering more opportunities for users to engage with the platform. This expanded functionality enables decentralized asset transactions without limitations.Īs part of the update, the number of new BitTorrent tokens has increased by 1:1000 while maintaining their current market valuation. BTT now supports TRON, Ethereum, and Binance Smart Chain, with plans to support additional chains shortly. On December 12, 2021, the developers successfully launched the BTTC mainnet after implementing BTT redenomination, enhancing the coin’s features and capabilities. But before delving into the prediction, knowing a little BTT overview can be helpful. How high can BitTorrent go? is a common ask of many crypto investors. In February 2019, the white paper of BTT was released, and since then, the token has kept investors and traders curious. This protected and exclusive file-sharing method prevented leaks of confidential data and information. The move formed part of TRON’s efforts to add further decentralized features to the platform.Individuals and large corporations used BitTorrent to share files without the fear of any third party getting involved. TRON is also behind the addition of cryptocurrency to BitTorrent, as the BTT token was released on TRON’s blockchain. Sun is notorious for his plugging of both TRON as a cryptocurrency and its blockchain technology, bidding $4.5 million at a charity auction to have lunch with Warren Buffett (well-known anti-crypto figure) and discuss cryptocurrency with him.

In 2018, TRON completed its acquisition of BitTorrent, bringing BitTorrent under the control of Justin Sun. The platform has seen multiple legal battles, with Cohen maintaining that it does not break copyright laws in allowing users to share files such as music and movies among themselves. The original BitTorrent is the brainchild of Bram Cohen, a developer and entrepreneur who himself has since become well known in the cryptocurrency arena.Ĭohen has explained that he designed BitTorrent to usurp the dated entertainment industry, which made obtaining material slow and expensive.

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