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Since its launch in 2000, BitTorrent has struggled to monetize its massively popular service into a profitable investment. To that end, BitTorrent was acquired by the Tron Foundation, creators of the Tron blockchain, in 2019. The new ownership then introduced BitTorrent to the crypto market to help expand BitTorrent protocol and incentivize the volume of users or traders on the network. Going by its market cap, it has become one of the best gainers in the shortest time.
BTT token is bought and spent by those who request data or wish to increase their download speed.
What is BitTorrent cryptocurrency?
BitTorrent is a peer-to-peer file-sharing market platform that has become more decentralized in recent times. BitTorrent provides a market of the most extensive file-sharing protocol with more than 100 million users.
How does BitTorrent token work?
The BitTorrent BTT price, according to WalletInvestor, is forecasted to be at 0.0076 USD by Nov 2022. In 5 years, the prices will reach $0.02097. BitTorrent price equal to 0.00281 USD at 2022-01-02. If you buy BitTorrent for 100 dollars today, you will get a total of 35572.63 BTT. Based on WalletInvestor forecasts, a long-term increase is expected; the price prognosis for 2026-12-26 is 0.0180 US Dollars. With a 5-year investment, the revenue is expected to be around +540.57%. Your current $100 investment may be up to $640.57 in 2027.
BTT price prediction by TradingBeasts
Bittorrent price prediction by DigitalCoinPrice (2022-2028)
According to DigitalCoinPrice, the BTT price will start slow from 2021 with $0.0052160686 and rise to $0.0056920037 in 2022. Barring any randomness, the previous year’s bullishness will continue through the years. BTT is predicted to reach its all-time high in 2028 with $0.0154668227. The graphical representation of the bullish trend is presented below.
The BitTorrent price projection for this whole year remains quite encouraging, stating that it might jump to about $0.0055 in September and October and straight to the $0.0061 mark by the end of the year.
BTT price prediction by Cryptopolitan
BitTorrent Price Prediction 2022
The BitTorrent price forecast will indicate a positive trend among the receding Pandemic scenario, touching the $0.0058-$0.0055 mark.
BitTorrent forecast 2023
There is a predicted eventuality of the future price of BitTorrent, incurring a slight price drop between $0.008-0.0081 again.
BitTorrent Price Prediction 2024
BitTorrent will rule the crypto kingdom with a performance of price pegged between $0.0098-$0.010.
BitTorrent price Prediction 2025
Suppose the project BitTorrent stands the test of time and mass adoption. In that case, the price of BitTorrent will continue to surpass expectations, and a favorable Market will push the price upwards between $0.0086-$0.0094.
FAQs about BTT
How high can BTT go?
BTT’s current price is 0.0024. However, just like the projection for bitcoin price prediction, BitTorrent may reach up to $1 in the future. Its trading volume will be compared with XRP price value in the future at its current growth rate.
Is BitTorrent a good investment?
Yes, it might be a good investment if you plan for the long term. However, it is also a profitable investment in a short time.
Is BTT worth buying?
BTT is one of the cryptocurrency good projects by TRON that has moderate liquidity. The price action indicates it is a profitable investment. However, it’s best to trade with caution.
Where to trade BitTorrent?
BitTorrent can be traded on different crypto exchanges like DigiFinex, OKEx, VCC crypto Exchange, Binance crypto exchange, and many other popular crypto exchanges. In addition, you can buy BTT coins on these platforms with local currencies, such as the Indian rupee.