Cryptocurrency Price Prediction

BitTorrent (BTT) Price Prediction 2022, 2023, 2024, 2025: Can BTT Reach 1 Cent?

Written by: Elena R

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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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Aug 26, 2022

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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.

Ravencoin

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green-dropdown 3.735%

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red-dropdown 0.544 %

Maker

$845.00

red-dropdown 0.835 %

TRON

$0.06

red-dropdown 0.962 %

Uniswap

$6.89

red-dropdown 1.923 %

Monero

$149.40

red-dropdown 2.259 %

Elrond

$55.67

red-dropdown 2.731 %

BitTorrent has caught the attention of savvies from the business, with the recent launch of BTTC on the mainnet. And the much-talked-about token denomination. Puzzled with the talks around BTTC and token denomination? Join in as we discuss about BTTC, token denomination and the price prediction of BTT for 2022 and the years to come.

Overview

CryptocurrencyBitTorrent
TokenBTT
Price$ 0.0000
Market cap$ 0.0000
Circulating Supply 0.0000
Trading Volume $ 0.0000
All time high$ 0.0000 Jan 1, 1970
All time low$ 0.0000 Jan 1, 1970

BitTorrent (BTT) Price Prediction

YearPotential LowAverage PricePotential High
2022$0.00000108$0.00000126$0.00000145
2023$0.0000013$0.00000185$0.00000243
2024$0.00000213$0.00000296$0.0000039
2025$0.00000335$0.00000477$0.00000622

BitTorrent Price Prediction For 2022 

BTT token began the year 2022 at fairly lower levels and in the mist. On the 18th of January, the token was seen trading above $0.000003054. Which has been the ATH of the digital asset. After a pullback to $0.00000203, the altcoin posed a rebound to $0.00000240 by the 7th of February. But was pushed down by negative sentiments in the business.

The slip from the highs of the 7th of February took the price to its ATL of $0.00000169 on February 24th. While BTT climbed up to its support at $0.00000204, by the st of March. The leg-up was for a short time, as it took another plunge to $0.00000171. Over the next two weeks, the digital asset saw a rise closing its quarter at $0.00000235.

The second quarter was brutal for the broader crypto industry, as the business saw the insolvency of industry giants. BitTorrent had to bear the brunt just like most of its rivals. After losing over 64% in gains, the altcoin is now changing hands at $0.0000009.

BTT Price Prediction For Q3

If the digital asset caries forward the third quarter with a bullish note. With the introduction of newer users, the price could soar to its potential high of $0.00000115. Whilst a balance between buying and selling pressures could take the price to $0.000001. A possible dump can push the price to its potential low of $0.00000087.

BitTorrent Price Prediction For Q4

The positivity of the Q4 and commissioning of updates and improvements could propel the price to a new peak of $0.00000145. On the flip side, negative criticism, and lack of interest in traders could land the price at $0.00000108. That said, we can expect an average closing price of $0.00000126.

BitTorrent’s Price Forecast For 2023

BitTorrent would see the influx of newer investors at a steady pace if they find a linear rise in price. With a push coming from the healthy relationship with financial institutions and newer adoptions. The price could hit its maximum annual closing price of $0.00000243.

Whilst the lack of bullish impetus and continuity in routine exchange of trades could settle the price at $0.00000185. Contrarily, negativity and lack of volumes could land the price at $0.0000013.

BTT Price Forecast For 2024

If the crew behind BitTorrent employ initiatives to garner the interests of marketers in the midst of Bitcoin’s big day. Seeking impetus from volumes, the digital token’s price could propel to a maximum of $0.0000039 by the end of 2024. On the contrary, ebbing volumes coming from negativity could slump the price to $0.00000213. That said, the regular price could land at $0.00000296

BitTorrent Price Prediction For 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 $0.00000622. That said, regular trade pressures and the dominance of hodlers could limit the price to average levels of $0.00000477. On the contrary, if the digital asset fails to support its stance in the business it could settle at $0.00000335.

What Does The Market Say?

Trading Beasts:

According to Trading Beast’s BTT price prediction. The price of BTT could hit a potential high of $0.0000013 by the end of 2022. The analysts from the firm expect the digital asset to end its trade with minimum and average levels of $0.0000009 and $0.0000010. Consequently, Trading Beast pins the average price target for 2023 and 2025 at $0.0000011 and $0.0000024.

Priceprediction.net:

As per the BitTorrent price prediction by the analysts from the firm. BTT could close its annual trade for 2022 with a potential high of $0.00000225. The analysts have set the minimum price target for 2022 at $0.00000200. That said, the average target level is set at $0.00000210

Tech News Leader:

The forecast from Tech News Leader pins the maximum closing target for 2022 at $0.00000162. Whilst the average price for the annual closure is set at $0.00000145. Successively, the firm expects BTT to soar to its potential highs of $0.00000249 and $0.00000554 by the end of 2023 and 2025.

Click here to read our detailed price prediction of Uniswap!

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 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.

Company Details

bittorrent

  • Fintech Solution

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 in July 2018 by Tron, which is owned by Justin Sun. The project was developed to replace the dated entertainment space, which made obtaining materials slow and expensive.   The project went live on the Tron mainnet in January 2019. The protocol enabled users to utilize tokens in the BitTorrent speed application to boost download speeds in July 2019. Furthermore, BitTorrent’s decentralised file-sharing protocol BTFS was launched on the mainnet in October 2019.   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 BTT platform has been upgraded with additional tools and a dedicated native currency, BitTorrent Token (BTT).   BTT is a TRC-20 utility token, which is based on the Tron blockchain and powers popular decentralised projects and applications. Decentralized applications such as BitTorrent speed, BitTorrent file system, Dlive, etc., are powered by the BTT token.

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. 

Our 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 2022 at $0.0000015

Whilst routine trade pressures could settle the price at average levels of $0.000001. If the protocol fails to stand to its expectations, the bears could take the price down to $0.0000085

To read our price forecast of Solana’s SOL click here!

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.

At what ratio were BTT tokens redenominated?

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

How high could BTT trade by the end of 2022?

As per our BitTorrent price prediction, BTT could potentially trade as high as $0.00000145 by the end of 2022.

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 $0.00000477 by the end of 2025.

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.

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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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