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

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

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.

Overview

Cryptocurrency	BitTorrent (New)
Token	BTT
Price	$ 0.00000138 -10.26%
Market cap	$ 1,339,510,896.9218
Circulating Supply	968,246,428,571,000.0000
Trading Volume	$ 46,830,820.3710
All-time high	$0.000003054 on 18th Jaunary 2022
All-time low	$0.000000367 on 13th October 2023
24 High	$ 0.0000
24 Low	$ 0.0000

BitTorrent Price Prediction April 2024

The BTT price has started the month of April on a bearish note by recording a correction of over 10% within the past 24 hours. Further, it has recorded a loss of 14% over the past seven days and 3% over the past 30 days, highlighting a strong bearish price action for the altcoin in the coming time.

The Moving Average Convergence Divergence (MACD) displays a rising red histogram in the chart, indicating an increase selling-over-buying pressure in the crypto industry. Moreover, the averages show a constant decline, suggesting the price will continue losing value in the coming time.

If the market holds the price above the support level of $0.00000136, the bulls will regain momentum and test its upper resistance level of $0.00000171 in the coming time. However, if the bears overpowered the bulls, the price will continue trading under a bearish influence and test its low of $0.0000010 this month.

BTT Price Prediction 2024

With the Bitcoin Halving around the corner, if the BitTorrent crew employs initiatives to garner the interest of marketers, this may result in the BTT price experiencing a massive uptrend during the upcoming months. Further, if the bulls continue to trade under a bullish influence and record higher trading volumes, the digital token’s price could propel to a maximum of $0.00000242 by the end of 2024.

On the contrary, ebbing volumes coming from negativity price action and increased crypto regulations could slump the price toward the low of $0.00000106. With this, the BitTorrent (BTT) price could conclude the year with a average trading price of $0.00000174.

BitTorrent Price Prediction 2024 – 2030

Price Prediction	Potential Low ($)	Average Price ($)	Potential High ($)
2024	0.00000106	0.00000174	0.00000242
2025	0.00000200	0.00000306	0.00000412
2026	0.00000323	0.00000466	0.00000609
2027	0.00000435	0.00000611	0.00000788
2028	0.00000556	0.00000756	0.00000956
2029	0.00000636	0.00000943	0.0000125
2030	0.00000750	0.0000106	0.0000138

BitTorrent’s price for 2024 could range from $0.00000106 to $0.00000242.

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 $0.00000412. That said, regular trade pressures and the dominance of hodlers could limit the price to average levels of $0.00000200. On the contrary, if the digital asset fails to support its stance in the business it could settle at $0.00000306.

BitTorrent Price Forecast 2026

According to our analysts, BTT coin price prediction for the year 2026 could range between $0.00000323 to $0.00000609, and the average price of BitTorrent could be around $0.00000466.

BTT price prediction 2027

According to our analysts, BitTorrent price for the year 2027 could range between $0.00000435 to $0.00000788, and the average price of BTT could be around $0.00000611.

BitTorrent Prediction 2028

According to our analysts, BTT crypto prediction for the year 2028 could range between $0.00000556 to $0.00000956, and the average BitTorrent coin price could be around $0.00000756.

BTT coin price prediction 2029

According to our analysts, BitTorrent’s forecast for the year 2029 could range between $0.00000636 to $0.0000125, and the average BTT coin price could be around $0.00000943.

BitTorrent Price Prediction 2030

According to our analysts, BTT predictions for the year 2030 could range between $0.00000750 to $0.0000138, and the average BitTorrent price could be around $0.0000106.

What Does The Market Say?

Firm Name	2024	2025	2030
Wallet Investor	$0.00000010	$0.000000158	–
priceprediction.net	$0.000003	$0.000004	$0.000025
DigitalCoinPrice	$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 $0.00000242. 

Whilst routine trade pressures could settle the price at average levels of $0.00000174. If the protocol fails to stand to its expectations, the bears could take the price down to $0.00000106. 

Fundamental Analysis

BitTorrent was created by a 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 and run with a 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. BitTorrent’s decentralized file-sharing protocol BTFS, was launched 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. 

The old BTT tokens (BTTOLD) have been swapped with new BTT tokens 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, the BitTorrent was bought by TRON platform 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, and Dlive are all 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!

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