Today's BitTorrent (New) Real-Time Price in CNY
The current BitTorrent (New) price is $0.0000006139 CNY** with a market capitalization of **$605.32 million. Over the past 24 hours, BTT has experienced a 1.16% price increase, while trading volume reached $8.62 million. The BTT/CNY exchange rate updates continuously.
What Is the Price of 1 BitTorrent (New)?
As of now, 1 BTT equals $0.0000006139 CNY. You can exchange:
- 1 BTT for $0.0000006139
- $10 for 16,290,017.04 BTT
24-hour price range:
- High: $0.0000006460 CNY
- Low: $0.0000005976 CNY
BitTorrent (New) Market Overview
Key Metrics
| Metric | Value |
|---|---|
| Current Price | $0.0000006139 CNY |
| 24h Trading Volume | $8.62M |
| Market Cap | $605.32M |
| Circulating Supply | 985B BTT |
What Is BitTorrent (New)?
Introduction to BitTorrent
BitTorrent is a peer-to-peer (P2P) file-sharing protocol that enables decentralized distribution of digital files. Unlike traditional downloads from a central server, BitTorrent leverages multiple computers to share the load, improving speed and reducing costs.
Launched in 2001 by Bram Cohen, BitTorrent became a staple for sharing large files (e.g., movies, software). In 2019, the BitTorrent Token (BTT) was introduced to incentivize users who seed files, enhancing network efficiency.
How BitTorrent Works
- Torrent Files: Small metadata files initiate downloads via BitTorrent clients.
- Trackers & Peers: Clients connect to trackers to locate peers sharing the file.
Swarm Dynamics:
- Seeders: Users with complete files (upload only).
- Leechers: Users downloading files.
- Piecemeal Downloading: Files are split into segments downloaded concurrently from multiple peers.
BitTorrent Token (BTT)
BTT is a TRC-20 utility token used to:
- Reward seeders for maintaining the network.
- Purchase faster download speeds.
- Access premium features within the BitTorrent ecosystem.
Factors Influencing BTT Price
Market Drivers
- Adoption Rates: Increased usage of BitTorrent services boosts BTT demand.
- Technological Developments: Upgrades to the BitTorrent protocol or blockchain.
- Market Sentiment: Correlation with major cryptocurrencies like Bitcoin.
- Regulatory News: Policies affecting crypto markets globally.
Historical Performance
- All-Time High (ATH): $0.000003054 CNY (2022-01-18)
- All-Time Low (ATL): $0.0000003657 CNY (2023-10-13)
Past Year: BTT price declined by 29.32%, ranging between $0.0000005505–$0.000001831 CNY.
BitTorrent (New) Price Predictions
2026 Outlook
Analysts project BTT could reach $0.0000006845 CNY by 2026 based on historical trends.
2031 Forecast
Potential +41.00% growth, with prices estimated at $0.000001493 CNY (+140.85% ROI).
How to Buy BitTorrent (New) (BTT)
Step-by-Step Guide
- Create an Account: Register on platforms like Bitget.
- Verify Identity: Complete KYC for security.
- Deposit Funds: Use CNY via bank transfer or credit card.
- Trade BTT: Execute buy orders on the exchange.
👉 Start trading BTT on Bitget today
FAQs
Is BTT a Good Investment?
BTT offers diversification in crypto portfolios, especially for those interested in P2P utility tokens. However, its value depends on BitTorrent’s ecosystem growth and broader market conditions.
What’s the Difference Between BTT and BTT (New)?
BTT (New) represents an upgraded token with enhanced blockchain compatibility (Ethereum, Tron, BSC) and lower transaction costs.
How Can I Earn BTT?
- Seeding Files: Share bandwidth to earn rewards.
- Trading: Buy low, sell high on exchanges.
Where Can I Track BTT Prices?
Use crypto tracking tools like Bitget’s real-time charts.
Disclaimer: Cryptocurrency investments carry risks. This content is for informational purposes only and not financial advice.