BTT BitTorrent Token Information and Price
BitTorrent is known for users as a file-sharing service. But many people do not know that it is a really popular cryptocurrency in the market. It is one of the most popular altcoins. Experts say that it has the potential to grow more in 2021.
BitTorrent is the world’s largest file sharing protocol. It is very simple and as a protocol it is a peer-to-peer file sharing app. It was estimated that BitTorrent consumed about %20 of all broadband traffic in 2015. It was a surprise for many people. Justin Sun, the founder and CEO of the Tron bought the file sharing site for $440 Million. (BTT) BitTorrent token was issued in one of the first initial exchange offerings.
BitTorrent is changed by Tron Founder. It was purchased by Justin Sun in 2018. BitTorrent Speed basically incentivizes up loaders to seed files longer while dedicating more storage to earn BTT. Thanks to that you can get faster download speeds and while it is downloading, and you can earn (BTT) BitTorrent token by doing nothing.
It is designed to use financial incentives on the BitTorrent Network. There is BitTorrent Web that you can stream while you download. There are also uTorrent Classic and uTorrent Web. BitTorrent file system is a decentralized storage system, and it can be used by developers. They have a storage platform where users can pay for additional storage.
BitTorrent protocol allows developers to build additional features on it. (BTT) BitTorrent token is a TRC 10 token. It means that it runs on Tron’s blockchain. 990 Billion is the total supply and 660 Billion in circulation which means %67 of the coins is already in circulation. BTT prices have been really volatile just like others. Justin Sun bought BitTorrent, and he is the main person who leads the project. Therefore, it is also one of the most prominent Tron issued token.
If you have (BTT) BitTorrent tokens, you probably want to store them in an offline wallet. It is a TRC 10 standard token so you can use any trauma wallet. They already have a large user base through their peer-to-peer file sharing network.
When was it founded?
BitTorrent was founded in 2001 by Bram Cohen. He is a computer programmer and developer. He said that he created BitTorrent to usurp the dated entertainment industry. Now it is used by Facebook, Netflix, Twitter. BitTorrent is the biggest distributed network which is powered by BTT. It has over 200 Million wallets and 2 Billion users. You can buy BTT from almost everywhere.
Its Price and Some Predictions
Today it is trading at $0.005805 and ranked number 46 with its market cap however as we already know numbers can change every second. BTT is still holding the trend line. Experts said it has a huge potential to grow in the next couple of days.
There are so many predictions for (BTT) BitTorrent token and most of them are about its price. Experts think that its price will increase from current levels. Most of them say that it can be worth about 1 cent this year. They believed that its price would increase until 2028. We can see significant changes. Investors know that BitTorrent is one of the best performing and most promising altcoin in the market. It will improve more in the future.
Their platform will improve as well. You can invest in BitTorrent and you can gain from it in the coming months but as I mentioned earlier, this is not financial advice. You should do your own research and make your own decisions about finance.