BitTorrent (BTT) Overview
BitTorrent's BTT token is the utility token powering the BitTorrent ecosystem, a decentralized peer-to-peer (P2P) file-sharing protocol. Launched in 2019 as a TRC-20 token, BTT incentivizes file sharing, enhances download speeds, and integrates blockchain technology into the ecosystem.
Key Metrics (As of Latest Data)
- Current Price: $0.000001
- All-Time High: $0.000001 (Mar 05, 2024)
- All-Time Low: $0 (Oct 12, 2023)
- Market Cap: $606.43M
- 24-Hour Trading Volume: $773.39K (0.13% change)
- Circulating Supply: 986.06T BTT (99.60% of total supply)
- Total Supply: 990T BTT
What Is BitTorrent (BTT)?
BTT serves as the native currency of the BitTorrent ecosystem, enabling:
- Incentivized Sharing: Users earn BTT for sharing files.
- Speed Boosts: Tokens can be spent to prioritize downloads.
- Decentralized Services: Powers BitTorrent Speed, BitTorrent File System (BTFS), and DLive.
👉 Learn how BTT fuels decentralized file sharing
Market Performance and Analysis
- Real-Time Price: Updated continuously; check live charts for fluctuations.
- Historical Trends: Peaked in March 2024; remains volatile.
- FDV (Fully Diluted Valuation): $608.85M.
Supply Details
| Metric | Value |
|---|---|
| Circulating Supply | 986.06T BTT (99.60%) |
| Total Supply | 990T BTT |
| Max Supply | Not applicable (capped) |
BitTorrent Ecosystem Features
- BitTorrent Speed: Pay BTT to accelerate downloads.
- BTFS: Decentralized storage leveraging blockchain.
- DLive: Live-streaming platform integrated with BTT rewards.
FAQs
Q: How do I earn BTT?
A: Share files via BitTorrent clients or participate in BTFS node operations.
Q: What’s the purpose of BTT?
A: To decentralize file sharing and reward network contributors.
Q: Where can I trade BTT?
A: Major exchanges like OKX support BTT trading pairs.
Q: Is BTT supply inflationary?
A: No, the total supply is fixed at 990 trillion tokens.
Global Price Conversions
BTT is traded against multiple fiat currencies, including:
- DKK: 0.000004
- GBP: 0 (approximate)
- JPY: 0.000089
Disclaimer
This content is for informational purposes only. Cryptocurrency trading carries risks; conduct independent research before investing.
👉 Explore crypto trading strategies
Price data and metrics are sourced from real-time APIs and subject to change.