bttc

There’s been a lot of buzz across the crypto community about massive $BTTC burns, with some even claiming that 80% of the supply is gone. But what do the numbers really say? Let’s break it down:
📌 The Facts You Need to Know
1️⃣ From BTT → BTTC → BitTorrent went through a redenomination, converting “old BTT” (BTTOLD) to the new BTTC token. During that swap, a huge chunk of the old supply was permanently burned.
2️⃣ How Much Burned? Verified reports show about ~58–60% of the old supply (≈ 580B–600B tokens out of 990B) has been destroyed.
3️⃣ What Does Burn Mean? Burned tokens are sent to inaccessible addresses, meaning they’re out of circulation forever. In this case, most burns were tied to the token swap and redenomination process.
⚠️ The Misunderstanding
There is no credible confirmation that 80% of all BTTC supply has been burned. Many are confusing the ~60% old supply burn with current circulating supply dynamics.
✅ The Real Picture
Instead of hype, the reality is already strong: BTTC has successfully reduced its total legacy supply, making it leaner and more structured for future ecosystem growth. But claims of 80% burn are exaggerated beyond official records.
💡 Conclusion:
The BitTorrent ecosystem (BTTC) remains one of the most innovative in storage + decentralized infrastructure, but investors should stay sharp 58–60% confirmed burn ≠ 80%.
Transparency matters, especially in a market that thrives on clarity.
#BTTC #CryptoNews #MarketUptober #Binance