$BTTC Why isn't the BTTC currency rising?
BTTC is one of the cryptocurrencies that saw significant demand in its early days due to its association with the BitTorrent project and support from the TRON network, but the reality today is that the currency suffers from very high inflation in supply.
With hundreds of trillions of BTTC coins in circulation, it is practically impossible for its value to rise significantly, as every slight increase is met with significant selling pressure.
🔥 The only solution: burning or liquidation
If the currency wants to rise and regain its value in the market, there are only two options:
1️⃣ Burn a massive amount of the currency
Burning coins means sending them to an unrecoverable wallet (Burn Wallet)
Reduces the circulating supply, increasing the value of the remaining currency
Without burning tens or hundreds of trillions of them, the price will remain stuck at low levels
2️⃣ Liquidation of the project
If developers continue to neglect the currency and fail to take real steps (burning, reducing supply, injecting news and new projects)
BTTC will remain a dead coin that is only moved by speculators in the short term.
📊 Advice for traders:
Watch for official news from BitTorrent Chain
Don't take big risks with a currency that has a huge supply and price stability
The best investment is in projects with reasonable market value and limited circulating supply