Here's the latest information on BitTorrent [New] (BTTC), based on the available web results:
Current Price and Market Performance:
As of the latest update, the price of BitTorrent [New] (BTT) is approximately $0.00000079 USD with a 24-hour trading volume of $23.66 million. This represents a decrease of 8.34% in the last 24 hours and a fall of 11.89% over the past week. The current price is 74.04% below its all-time high of $0.00000304.
Market Capitalization:
BitTorrent [New] has a circulating supply of 968,246,428,571,000 BTT coins, giving it a total market cap of approximately $1.468 billion USD.
Background and Development:
BitTorrent started its operations in 2001 by Bram Cohen, and the BitTorrent (BTT) White Paper was released in February 2019. It operates on a peer-to-peer network, facilitating the exchange of large files while minimizing the need for centralized servers. The protocol aims to provide scalable, high-performing, and cost-effective solutions for blockchain platforms.
Trading Availability:
BTTC is not available for trading on Coinbase Exchange but can be traded using Coinbase Wallet. Users can buy BTTC directly from Binance using a debit or credit card or trade it for other cryptocurrencies on exchanges like Binance.
Token Utility:
BTT tokens are used within the BitTorrent ecosystem for various functionalities, including incentivizing users to seed files longer for faster download speeds with features like BitTorrent Speed.
Community Sentiment:
The community sentiment around BitTorrent [New] (BTT) has been described as bullish by some sources.
This information reflects the current state of BitTorrent [New] based on the provided web results, offering insights into its market performance, utility, and trading options.
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