Price Prediction

BitTorrent Price Prediction, How High Will BTT Price Be In 2021?

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Every crypto project offers a unique feature to its users. BitTorrent is one of the emerging cryptocurrency established to provide a secure network that extends the current function of file-sharing protocol.

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The accelerated spike in the price since the start of 2021 has dragged investors’ attention towards BTT crypto. And if you are thinking to be one of them or you are already a BTT holder, then this article covers the fundamentals and the Price Prediction movements of BitTorrent crypto

The BTT price prediction and the overall market sentiments with BTT news may assist you to understand the right time to buy BitTorrent coin.

Overview

CryptocurrencyBitTorrent
TokenBTT
Price$ 0.0032
Market cap$ 2,111,971,367.0000
Circulating Supply$ 0.0000
Trading Volume $ 0.0000
All time high$ 0.0136     April 5, 2021
All time low$ 0.0001     March 13, 2020

What is BitTorrent (BTT)?

BitTorrent is a peer-to-peer 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. The acquisition made the BTT platform has been upgraded with additional tools with a dedicated native currency BitTorrent Token(BTT).

As of now, BitTorrent provides a platform of the largest file-sharing protocol with more than 100 million users. The TRON Foundation acquired the platform in 2018 but the project could not kickstart under its network until 2019. 

Users on the TRON blockchain can use BitTorrent coin (BTT) to play along with the files that content creators share on the network. BitTorrent is now recognized as one of the largest peer-to-peer software that exists on the blockchain

Also Read: Origin Protocol Price Prediction, Will OGN Price hit $10 by 2021?

BitTorrent Price Prediction 2021

 BTT Price continued the trade at $0.0002, the price it has ended the year 2020. Later the price started to grow steadily. BitTorrent got decent assistance from several classifications of institutions. The price received a huge boost in the mid of February rallying from $0.0005 to the highest ever levels around $0.0129 and woefully plunged back. 

The altcoin price rose to an ATH of $0.0126 on April 5, 2021. In the month of May, BTT Price saw a plunge of more than 50% causing the cryptocurrency to tank as low as $0.002.

However, the altcoin rebounded well by the end of July, hitting $0.002849. The Start of August seemed to be a bullish start, BTT had a major Price rally reaching $0.004829. So, will btt Price go up again?

The platform announced the official launch of BitTorrent Chain (BTTC) on October 30th, 2021. BTTC marks TRON and BitTorrents’ first-ever foray into the cross-chain field, heralding the advent of a whole new era!  Now calling for quality projects and institutions around the world. BTTC is the first heterogeneous cross-chain interoperability protocol built on TRON, co-developed by the core teams of BitTorrent and TRON. 

BitTorrent is one of the most promising altcoins out there, which offers investors a smooth entry into the lucrative crypto market. Moreover, it will continue to improve its platform’s overall performance, which will lead to a bigger market for its crypto. As per the experts, the price rise will continue further and may hit $0.007 by the end of 2021.

BitTorrent Price Prediction 2022 

BitTorrent shows great potential and due to the increase in the user base, the BTT price may also rocket over $0.01 or more. Given the circumstances, the prices are increasing exponentially. Hence it is not too far-fetched to understand this price rise.

BTT Price Prediction 2025

BitTorrent currently is not recognized by BigTech officially and faces piracy issues. However, looking at the way of development of their platform, leading OTT platforms may likely cooperate with BitTorrent in upcoming years as it ensures safety for its content. BTT might also cooperate with Spotify. By the end of 5 years, BitTorrent could trade at $1.

Market Price Prediction For BTT

  • WalletInvestor

According to WalletInvestor, BitTorrent is a promising and profitable investment. BTT might go up from $0.007031 to $0.0126 in the coming year and may hit $0.0369 by the end of 2026. 

  • Captainaltcoin.com

According to captainaltcoin.com, BTT will get to the mark of $0.02 – $0.20 per token by 5 years.

  • TradingBeasts

According to TradingBeasts, BTT could trade in between $0.0077151 and $0.0090766 by the end of 2021 and reach an average price of $0.0175035 by the end of 2024.

  • DigitalCoinPrice

According to the analysis of DigitalCoinPrice.com, BTT may reach $0.0107 by the end of 2021 and could be trade at $0.02055 per token by 2025

  • CryptocurrencyPricePrediction.com

According to the technical analysis of cryptocurrencypriceprediction.com, the price of BTT could hit $0.02 to $0.2 per token by 2025.

Our Bittorrent Coin Prediction

BTT has shown great promise. It might concentrate on some developments and its price might rise. It might end the year 2021 with $0.1. With certain price variations, BTT might reach newer heights and it may be a good investment. By 5 years BTT may trade at $5 to $10 in the future.

Also Read: NEM Price Prediction, Will The XEM Price Hit $1 In 2021?

Using the table below understand what is possible in terms of highs and lows.

Year  Potential High  Potential Low 
2021$0.006 $0.0018
2022$0.01 $0.005
2025$1 $0.01

Historic Market Sentiments

2019

BitTorrent [BTT] has had a rough year since landing on the cryptocurrency markets. Since its launch in 2019, the cryptocurrency has lost about 80% of its launching value. 

Following its listing on CoinMarketCap on January 31, 2019, BTT traded at around $0.0004 in the first two days. However, later in the month of February, BTT launched a great start by surging as high as $0.0011 per unit of the cryptocurrency. 

An explosive price pump was experienced in February. The price continued to decline for several months. Later, BTT recorded its all-time high by reaching $0.001861 at the end of May. 

In the third quarter, the price plunged greatly to $0.001 and continued the downfall until the end of the quarter. 

By October 2019, BTT was trading at $0.0005. The price experienced a major downfall until the end of the year. At the end of December 2019, BTT was trading at $0.0003. 

 2020

 With the market being bearish, BTT continued its trade at $0.0002 during the start of January 2020. BitTorrent climbed to $0.0005 by the mid of February. Later the price shockingly dropped to $0.00013 to record its an all-time low in March due to the Covid-19 outbreak. Later, BTT started to surge significantly and touched the $0.0005 mark by August. The price experienced a major downfall until the mid of December. At the end of 2020, BTT plummeted to trade at $0.0002.

FAQ

How high can BTT go?

we recognize that BTT may reach as high as $0.05 and reach up to $0.1.

Is BitTorrent a good investment?

Yes, it might be a good investment if you are planning for a long term.

Is BTT worth buying?

BTT is one of the crypto good projects by TRON that has moderate liquidity. If you are planning to go for long, it is a good choice but not a piece of financial advice.

Where to trade BitTorrent?

BitTorrent can be traded on exchanges like DigiFinex, OKEx, VCC Exchange, Binance, and many more.

Can BTT reach $1?

Considering the current price, BTT has to go a long way to reach 10 cents. And hence $1 right now may be a very distinct target but yet achievable in the future.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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