BitTorrent (BTT) token is leveraging on the wide popularity of Tron (TRX) and the over 100 million daily users of BitTorrent. The digital token has been performing excellently on Binance since it was launched.
BTT/BTC trade pair has been gaining on Binance. The trading pair is now second in terms of 24hrs volume on the platform, leading the usual top 5 trade pairs with the exception of Binance/Bitcoin.
BitTorrent (BTT) token paired with Bitcoin (BTC) is now leading ETH/BTC, LTC/BTC, XRP/BTC and other notable pairs.
BTT/BTC trading pairs is now the second largest in the last 24hrs in terms of trading volume with 5500 BTC, trading behind BNB/BTC trade pairs that has 24hrs trading volume of over 6300 BTC. BitTorrent token has seen over 41% volume spike in the last 24hrs, changing hands at $0.000555.
BitTorrent (BTT): The Journey
When Tron’s founder Justin Sun bought BitTorrent last year, there was widespread believe that the platform does not have any link with digital currency, hence it would be hard for Justin to link the two together.
Until Justin Sun decided to link the platform with Tron in what is today known as BitTorrent, Shortly after Tron Foundation announced the platform BitTorrent will operate under the guidance of BitTorrent Foundation with the launch of BTT.
BTT jumped all hurdles, despite the ongoing bear market, to have a save landing during its launch. The digital token last week during its ICO on Binance launch sold out over 59 million BitTorrent (BTT) token in less than 15 minutes that the sale was launched.
BitTorrent (BTT) Will Rejig Tron (TRX)
Tron (TRX) has been gaining massively owing to series of announcement made by Tron foundation and the BitTorrent airdropped allocated to TRX holders.
Observers have highlighted that BitTorrent could pave way for the growth of Tron (TRX) due to the growing number of users of the platform and its constant daily user that amounts to over 100 million per day.
Meanwhile, different exchanges have pledged to support BitTorrent (BTT) token. Nothing is behind this than the surprising growth the digital token saw in the last few days and the rate at which the crypto community is HODLing the asset.