Bittorrent is a good project handled by Justin Sun. BTT is a TRC-10 cryptographic token on the Tron protocol.The project have good development time by time. BTT coin is for the users who wants better download and upload speed. The company has been recently taken over by Tron Foundation and things are changing for it. Originally released in July 2001, BitTorrent was purchased by blockchain platform TRON in July 2018.
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| BTT price Forcast |
The supply of BTT is limited to 990 Billion dollar and more coin will be unlocked in the year 2018
What is BTT :
BitTorrent allows content creators to connect with their audience, and earn and spend digital currency without a middleman. BTT is alt coin that user can use for faster download.
Analysis :
BTT can be a good long term investment but it can be surely a very good trading option in crypto. Predictions based on smart technical analysis suggest that the currency will rise +527.61% in 5 years, which means that if you invest 5% now you could end up with $627.61 in 2024.
Consequences :
But I have a negative side with BitTorrent, it has a massive supply so the chance of massive dump is very possible.
Price Prediction for BTT Coin:
Btt had tough time in gaining any significant value in the year 2019 and 2020 but the year 2021 seems to be quite bullish for BTT. In a very volatile market the BTT has remain quite robust with good growth.
There are many different price prediction about BTT but per market analyst BTT is expected to reach atleast 1 cent by end of this year. While some other analyst on the loft side expect the price to go above 1$ by end of next year 2022. And by the end of 2025 you can expect BTT around 5$ which is quite impressive.
Conclusion on BTT price Prediction:
BTT has been taken as one of the most promising Alt coin in the market. Which is expected to go up in near future depending upon crypto market behaviour.
However the crypto currency market is still highly volatile market, like if USA or Europe in market decided to ban the crypto currencies then you might lose all of your money. On the other hand if they sanction the BTC then surely all your investment will go up. So it is always better to invest only that much money that you can afford to lose at any point and do research about the coin in which you are thinking about the investment.
Please note that this is not a financial advice and you are requested to do a well research before any type of investment.
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Source: Shudtech
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