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Home Altcoins

BitTorrent Skyrockets 33%, Surprising Announcement Underway

by Esme Anderson
May 27, 2019
in Altcoins, Cryptocurrency
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One significant thing about the CEO of BitTorrent (BTT) and creator of TRON (TRX) Justin Sun is his unrelenting efforts towards bringing his cryptocurrency projects to the top.

This is being noticed in TRON and now in BitTorrent (BTT). When TRON’s Justin Sun acquired BitTorrent, the cerebral entrepreneur was first condemned, for trying to link a torrential platform with a blockchain project.

Justin who was adamant, went ahead, launching a token named BitTorrent Token (BTT), which is to be used on the platform and as a store of wealth.

Beginning of BitTorrent (BTT)’s Success

After the successful ICO on Binance Launchpad, BitTorrent has been performing excellently, seating at the 33rd position in less than a 6 month that the digital asset was created.

Beyond that, BitTorrent token is among few digital asset, leading the general cryptocurrency market rally.

As said in one of our article earlier, the cryptocurrency market has gained around $28 billion, and BitTorrent seems to be a significant part of this mighty addition with a gigantic price increase.

What is obtained in the cryptomarket is that BitTorrent token is the second crypto asset in the top 100 that saw massive gain in the last 24 hours.

Read: TRON (TRX) To Partner Tech Giant With Hundreds of Million Users

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What Investors are Gaining in BTT

For those who acquired BitTorrent during its ICO period on Binance Launchpad, they would have seen around 220% return on investment.

At some point today, BTT was changing hands around $0.001605 with $340 million market cap and 33% price growth in the last 24 hours. BitTorrent, as at press time, had a market volume of $435 million.

BitTorrent Justin Sun

Now, BitTorrent token has seen a slight correction which retraced to market value to $0.001592 price with 20% growth in the last 24 hours.

Read: Justin Sun Announces Launch Of BTT Wallet As Coin Gains 14% In The Market

Its market cap has slightly reduced to $337 million, while its 24 hours market volume was also brought down to $439 million. BTT is trading on exchanges like Binance and it has just been added to BigONE Exchange.

Todays Gazette Telegram

Good News Underway

Although he kept this as secret, Justin yesterday said something amazing is being cooked for TRON and BitTorrent community.

The serial entrepreneurs is sure in a talk with a big firm, may be. Meanwhile, Justin has promised to reveal the deal on June 1, just 4 days to go.

He said: “Something huge and amazing going about TRON and BitTorrent. I will share with you after June 1. I think I have 70% to win and nail it. Fingers crossed!”

Tags: BittorentBittorent BTTBitTorrent (BTT)Bittorrent tokendigital assetJustin SunTron (TRX) Bittorenttron and bittorrent
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NewsLogical Inc. is a U.S.-centric firm established in 2019 with the aim of providing resourceful and up-to-date cryptocurrency and blockchain information.

Email: info@newslogical.com

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Contents on NewsLogical.com are only for informational purposes and should not be construed as financial or investment advice.

Trading cryptocurrency is considered a high-risk activity that requires technical knowhow because digital currencies are generally volatile.

Contact financial experts for guidance before making any cryptocurrency investment decision.

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