$Bttc This image shows an official post from the BitTorrent ($BTTC) profile on X (Twitter), celebrating that the total supply of BTTC on the JustLend DAO protocol has surpassed US$ 2.57 million.
Explaining each part:
$BTTC: It is the token of the BitTorrent Chain, a blockchain linked to the Tron ecosystem.
JustLend DAO: It is a lending and yield platform (similar to a DeFi bank) in the Tron ecosystem, where users can lend and borrow tokens like BTTC.
Total Supply Exceeded $2,570,000: This means that more than 2.57 million dollars in BTTC are supplied (loans or liquidity) within the JustLend DAO.
Practical meaning:
This indicates that there is great interest and use of BTTC within the Tron DeFi ecosystem, which may:
Be a sign of growth and adoption of the token.
Indicate that investors are trusting BTTC to generate yield on platforms like JustLend.
If you are following the BTTC project or investing in it, this type of news can be positive, as it shows greater utility and circulation of the token, a factor that can impact market value in the medium and long term.
If you want, I can monitor other updates on BTTC for you. Would you like that?