The Future Of Bittorrent Digital Currency + Price Forecast
Introduction
Bittorrent is the most popular decentralized peer-to-peer (p2p) file-sharing application using the Internet.
BitTorrent tokens are based on the TRC-10 token tool, which is said to be the most popular file sharing token in the world.
The Bittorrent is officially owned by Justin Sun, the founder of Blockchain Theron, which is why the digital currency has officially entered the Theron family and is part of projects such as Stemmit and Hive. In this article, we want to take a look at the future of Bittorrent digital currency.
What is Bittorrent?
Bittorrent Speed is a key project that offers more advanced features than the original application; These include faster download speeds and a bonus distribution system based on BTT tokens. BitTorrent is a well-established company working on communication protocols and has more than 1 billion active users in 160 different countries. The main BitTorrent project was launched in 2001 and in 2018 partnered with Theron to launch a shared token.
Either way, each device can own 990 BTT.
General specifications of the torrent bit
| project name | Bittorrent |
| A symbol | BTT |
| General supply | 990 billion |
| official website | Bittorrent.com |
| Based on | TRC-20 blockchain |
| Opening year | 2018 |
| Highest price ever | $ 001861 |
| Exchange platforms | Binance, Houbi Global, OKEx, CoinEx, DigiFinex, Praibu, Bithumb, Poloniex, BitMax, Cointiger, MXC, Gate.io, WhiteBIT, Bitrabbit, Kucoin, Exrates, bitrue, Bitmart, HitBTC, Hotbit, NovaDAX, WazirX, CoinD , DragonEx. |
| wallet | Tron Wallet, Atomic Wallet, Trust Wallet |
Bittorrent Future Price Analysis
BitTorrent experiences different levels of growth. From March 2019 to May 2019, this digital currency has grown from $ 0.665 to $ 0.1515 at a rate of 2207.69%, and this growth has occurred in less than 2 months.
Thus Bittorrent steps on the path of Light, Kevin and Bitcoin SV moves and digital currency is good news for investors; Because, according to a report by CoinMarket Cap on the return on investment of digital currencies, BitTorrent is at the top of the table with 209.82%.
Therefore, it can be said that the future of Bittorrent is bright.
There are many reasons behind the success of BitTorrent, the main one being the use of the TRC-10 token standard on blockchain theron, which has a brilliant and advanced infrastructure for convenient transactions and faster transaction times.
When we put this next to BitTorrent, one of the most popular download and data portals, we find that buying it is very attractive to traders.
BitTorrent opened in 2018 and its transaction started in January 2019. This means that they were able to enter the market in just 4 months and occupy the 31st place in the table of digital currencies in terms of capital volume.
About 78% of its total supply is still available for mining and exchange. Based on this, it can be said that BitTorrent is a great option for investing and the future of Bittorrent is largely positive.
According to Justin Sun , the founder of Theron, the big news is coming soon.
Billions of users use Opera around the world, and if only 25% of them decide to use the wallet, then a sudden increase in the number of wallet owners will help increase the price of the torrent bit.
Bittorrent future price forecast
The table below shows the future price forecast of the BitTorrent Digital Currency (BTT) by the end of 2028.
| Date | Price forecast |
|---|---|
| current price | $ 0.00715086 |
| End of 2021 | $ 0.01094496 |
| End of 2022 | $ 0.01194362 |
| End of 2023 | $ 0.01585450 |
| End of 2024 | $ 0.01858117 |
| End of 2025 | $ 0.02097039 |
| End of 2026 | $ 0.02517360 |
| End of 2027 | $ 0.02803333 |
| End of 2028 | $ 0.03245428 |
Concluding Remarks
Bittorrent is not just a sharing token, but its team also builds distributed infrastructure for app developers to build their own apps. The network is based on DPoS, which allows users to vote, and major changes to the network are based on votes.
However, BitTorrent (BTT) tokens can be used to share bandwidth and storage space.
This project was created to create a token-based economy and networking. So we can say that the future of Bittorrent is very good.
