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BitTorrent Price Prediction 2024, 2025, 2030: Will BTT Price Explode This Year?

DATE POSTED:February 8, 2024
BTT Price Prediction

The post BitTorrent Price Prediction 2024, 2025, 2030: Will BTT Price Explode This Year? appeared first on Coinpedia Fintech News

Story Highlights
  • The live price of BitTorrent is  $ 0.00000104
  • BTT price could potentially trade as high as $0.00000185 by the end of 2024.
  • BitTorrent price with a potential surge could go as high as $0.00000468 by the end of 2030.

Every single project in the crypto sphere offers a unique blend of features to its users. BitTorrent is one of the emerging cryptocurrency projects, which was established to provide a secure network. That extends its services as a file-sharing platform, which has been the primary motive of the firm.

BitTorrent has caught the attention of savvies from the business, with the recent launch of BTT on the mainnet. And the much-talked-about token denomination. Puzzled by the talks around BitTorrent and token denomination? Join in as we discuss BTT’s, token denomination, and the price prediction of BTT for 2024 and the years to come.

Table of contents Overview CryptocurrencyBitTorrent (New)TokenBTTPrice $ 0.00000104 33.56% Market cap $ 1,003,798,419.2121Circulating Supply 968,246,428,571,000.0000Trading Volume  $ 103,125,277.1350All-time high $0.000003054 on 18th Jaunary 2022All-time low $0.000000367 on 13th October 202324 High $ 0.000024 Low $ 0.0000 BTT Price Prediction February 2024

The BTT price traded in a closed range between $0.0000011475 and $0.0000012348 for a short period, following which the market lost momentum and the BitTorrent price recorded a loss of over 14% in valuation. After this, the price traded in a consolidated range between $0.0000009644 and $0.0000011475 for about two weeks, following which the market recorded another loss of 20% in the next few days.

The bulls held the price strong above its crucial support level of $0.0000007695, resulting in the price trading sideways for a period. As the market volatility increased, the BTT price recorded a jump of approximately 20% in valuation. After facing rejection above its support level of $0.0000008889, the bulls lost momentum, resulting gin the price erasing all its gains from the pump.

BTT Price Prediction 2024TradingView: BTT/USDT

The price then displayed a neutral trend for a brief period, indicating a weak price action for the coin in the market. Recently, the bulls regained momentum and recorded a jump of over 36% in valuation and are currently testing their support/resistance level of $0.0000010603, of which the outcome is uncertain.

The Moving Average Convergence Divergence (MACD) displays a huge spike in the green histogram, indicating a massive buying pressure for the coin in the market. Further, the averages show a massive rise post-bullish convergence, highlighting a bullpower in the crypto space.

If the market holds the price above the support level of $0.0000010603, the bulls will regain momentum and prepare to test its upper limit of $0.0000012348 this month. Conversely, if a trend reversal occurs, the bears will gain control over the market and the price will fall to test its lower support level of $0.000008889 in the coming weeks.

BTT Price Forecast 2024

If the crew behind BitTorrent employs initiatives to garner the interest of marketers amid Bitcoin’s big day. Seeking impetus from volumes, the digital token’s price could propel to a maximum of $0.00000185 by the end of 2024.

On the contrary, ebbing volumes coming from negativity could slump the price to $0.00000117. That said, the regular price could land at $0.00000151.

BitTorrent Price Prediction 2024 – 2030 Price PredictionPotential Low ($)Average Price ($)Potential High ($)20240.000001170.000001510.0000018520250.000001560.000001990.0000024220260.000001990.000002380.0000027720270.000002420.000002770.0000031220280.000002890.000003270.0000036520290.000003230.000003660.0000040920300.000003750.000004210.00000468

BitTorrent’s price for 2024 could range from $0.00000117 to $0.00000185.

BitTorrent Price Prediction 2025

Over the next 3 years, the price of BTT could thrive higher. With impetus coming in from the efforts of the new developers and community investors. The digital asset would receive further support from its growing user base, file-sharing tech, and dlive, amongst others. 

The impetus could drive the price to its potential high of $0.00000242. That said, regular trade pressures and the dominance of hodlers could limit the price to average levels of $0.00000199. On the contrary, if the digital asset fails to support its stance in the business it could settle at $0.00000156.

BitTorrent Price Forecast 2026

According to our analysts, BTT coin price prediction for the year 2026 could range between $0.00000199 to $0.00000277, and the average price of BitTorrent could be around $0.00000238.

BTT price prediction 2027

According to our analysts, BitTorrent price for the year 2027 could range between $0.00000242 to $0.00000312, and the average price of BTT could be around $0.00000277.

BitTorrent Prediction 2028

According to our analysts, BTT crypto prediction for the year 2028 could range between $0.00000289 to $0.00000365, and the average BitTorrent coin price could be around $0.00000327.

BTT coin price prediction 2029

According to our analysts, BitTorrent’s forecast for the year 2029 could range between $0.00000323 to $0.00000409, and the average BTT coin price could be around $0.00000366.

BitTorrent Price Prediction 2030

According to our analysts, BTT predictions for the year 2030 could range between $0.00000375 to $0.00000468, and the average BitTorrent price could be around $0.00000421.

What Does The Market Say? Firm Name202420252030Wallet Investor$0.00000010$0.000000158–priceprediction.net$0.000003$0.000004$0.000025DigitalCoinPrice$0.00000183$0.00000262$0.00000777

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

CoinPedia’s BTT Price Prediction

According to CoinPedia’s Bittorent price prediction, if the network continues to work concerning enhanced security. BitTorrent file system, and speed then the price may witness an intense rally.

Moreover, the recent redenomination of the digital asset could also play as a stimulant to the rally. That said, the digital asset could close the trade for 2024 at $0.00000185. 

Whilst routine trade pressures could settle the price at average levels of $0.00000151. If the protocol fails to stand to its expectations, the bears could take the price down to $0.00000117. 

Fundamental Analysis

BitTorrent was founded by developer and entrepreneur Bram Cohen. The founder developed the project to depose the dated entertainment space which made getting material slow and expensive. BitTorrent is supported by a robust and high-bandwidth blockchain. The platform is based on cryptographic methods, which are dependent on “zero-disclosure” evidence.

The project went live on Tron mainnet in January 2019. BitTorrent enabled users to utilize tokens in the BitTorrent speed application to boost download speed in July 2019. Further, BitTorrent’s decentralized file-sharing protocol BTFS was launched on the mainnet in October 2019.

Fast forward to the 12th of December 2021, BitTorrent Chain (BTTC) went live on the mainnet. BTTC is the first heterogeneous cross-chain interoperability protocol, which adopts PoS. And employs side chains for scaling smart contracts. The makers have implemented the redenomination of BTT tokens, whilst maintaining the previous market capitalization. 

Successively, the old BTT tokens (BTTOLD) have been swapped with new BTT tokens. Which are done at a ratio of 1:1000. That said, the total supply of BTT tokens has spiked from 990,000,000,000 to 990,000,000,000,000. The move comes to counter the low total supply of BTTOLD and the inherent problems associated with the same. 

What Is BitTorrent (BTT)?

BitTorrent is a p2p file-sharing platform that has become more decentralized in recent times. Founded by Bram Cohen in July 2001, BitTorrent was taken over by the TRON platform owned by Justin Sun in July 2018. Thereafter, the BTT network has been upgraded with additional tools with a dedicated native currency BitTorrent Token (BTT).

BTT is a TRC-20 utility token, which is based on the Tron blockchain, that powers popular dApps and projects. Decentralized applications such as BitTorrent speed, BitTorrent file system, Dlive, etc.. are powered by the BTT token.

CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!

FAQs Can BTT be a profitable investment in the long term?

Yes, BTT can be a profitable investment in the long term, considering the major initiatives taken by the makers.

How high could BTT trade by the end of 2024?

As per our BitTorrent price prediction, BTT could potentially trade as high as $0.00000185 by the end of 2024.

At what ratio were BTT tokens redenominated?

BTTOLD tokens were swapped with new BTT tokens in a ratio of 1:1000.

What could be the average closing price of BTT by the end of 2025?

BTT could close its trade with an average price tag of $0.00000242 by the end of 2025. With a potential surge, the price may go as high as $0.00000468 by the end of 2030.

Where can I buy BTT?

BTT is available for trade across prominent cryptocurrency exchange platforms such as Binance, Okex, Huobi, Bitfinex, KuCoin, and Bithumb, amongst others.

How much is 1 BitTorrent worth?

At the time of publishing, the price of 1 BTT was $0.0000010392.

BTT OKX