A massive unlock event is coming for BTTC coin on January 31, 2025, with 17.81 trillion tokens worth $20.85 million set to enter circulation. This represents about 1.80% of the market value ¹.
The unlock event might lead to increased market volatility, as the new tokens flood the market and investors react to the increased supply. Historically, token unlocks have triggered price fluctuations and market reactions ².
To put this into perspective, the current market capitalization of BitTorrent is around $1.11 billion, with a circulating supply of 968.24 trillion BTT ¹. The upcoming unlock event will significantly increase the circulating supply, potentially impacting the token's price.
It's essential to keep an eye on the market dynamics and investor reactions following the unlock event. If you're interested in buying or investing in BTTC, you can do so through platforms like Binance or WazirX #BinanceAlphaAlert #BTCBackto100K #MicroStrategyAcquiresBTC #DollarRally110 #HotTrends $BTC
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