BitTorrent may have been one of the luckiest and special cryptos, who came to life on Binance’s launchpad and has been all over BTT news. Other cryptos take years to be included in Binance’s supported coins list. Not only that, even it got supported by TRON, one of the top 10 cryptocurrencies in the globe by market capitalization. It looks like BTT is born with a golden spoon only as its popularity are already on high hills. Fifty billion BitTorrent tokens got traded in less than 15 minutes, netting more than 17 million, when the TRON foundation allowed BitTorrent token (BTT) sale on the Binance Launchpad. After this, the BTT token became ten times its ICO value already. In the last few days, BTT has been one of the 5th most traded cryptos. The investors and the traders are looking forward to the probability of the coin; mostly they are confident regarding its success.
What Is BitTorrent?
BitTorrent is the world’s most prominent file-sharing protocol having more than 100 million users, which got obtained by TRON in June 2018 itself and now they have started their coin on TRON’s system. With the guidance of BTT, the users can pay along with the file shared, where both of them can get more bandwidth, and it will benefit from downloading faster. BTT is a TRC-10 token, wherein a whole supply of 990 billion BTT would be created as per the coin’s whitepaper. BitTorrent has even come up with the statement of “Project Atlas” ( a new iteration of peer to peer software), which would be backward agreeable, i.e., the users who don’t require to earn or spend BTT would even be able to distribute files.
Market Prediction For BitTorrent
#1 Wallet Investor
Wallet Investor has provided BTT price analysis from three viewpoints: average, maximum and minimum. They think that BitTorrent may reach $0.0326 on aggregate, and that is the maximum that could achieve, the minimum being $0.0295.
#2 Coin Checkup
Coin Checkup has specific metrics through which one can foretell BitTorrent price. To keep it simple, they understand BTT may reach as high as $0.0341 by 2019 end when 4% of total money moves into the crypto market.
BitTorrent Price Prediction 2019
As the market is concerned about the new crypto, we are fairly positive about BitTorrent’s success. BitTorrent is going to be the new game changer as the users will be ready to share content, with least time taken in downloading any data. BY the second part of 2019, BitTorrent is going to come up with BitTorrentSpeed, which will be compensating the users with BTT in exchange for bandwidth and seeding, which is aimed at increasing the speed and producing a productive ecosystem. By 2019, BitTorrent is assumed to reach $0.001644, which is approximately double to the recent rate.
Our Verdict on BitTorrent Price Prediction 2019
BRR can be a profitable investment option. Bittorent price equal to 0.00575 USD at 2019-02-27. If you buy Bittorent for 100 dollars today, you will get a total of 111267 BTT. Based on our forecasts, a long-term increase is expected, the price prognosis for 2024-02-16 is 0.0253 US Dollars. With a 5-year investment, the revenue is expected to be around +2719.01%. Your current $100 investment may be up to $2819.01 in 2024.
BitTorrent Token Is Already Nearly 6 Times Its ICO Price
The value of BitTorrent Token is closing in on six times the amount of its initial coin offering, which happened just one week ago. 59.8 billion BTT tokens were traded through Binance’s token sale platform on Jan. 28 for $0.00012 per token, according to sale information given by the exchange. Up nearly 40 percent today alone, BTT is now trading at a considerably higher price of $0.000798 – serving a 565 percent increase from its ICO price, Coinmarketcap data reveals.
BitTorrent Price Prediction In 5 years
In 5 years, BitTorrent may be regarded even as one of the top 10 cryptos by market cap. The security issues encountered in the past may be decreased in 5 years time frame. The malware and attacks might be controlled to a considerable extent. By 2023, BTT will have its behavior all over the world. The best part about BTT is that before it became crypto, they have enormous followers and now because of this shift in technology, BTT may take the media and entertainment business by storm. By 2023, BTT may reach $0.00411, from a conservative point of view and examination.
Disclaimer: This feature should not be exercised as, and is not designed to provide, investment advice. Coinpriceprediction and its affiliates, employees, and writers give information about the coin with careful analysis. Please conduct your thorough study before funding in any crypto.