What is BitTorrent coin used for?

BTT is one of the most popular cryptocurrencies on the market. BitTorrent has the best performance, able to grow more than 2,500 percent throughout 2020 and April 2021. Market observers are optimistic that BTT will continue its positive trend in 2021 .

DigitalCoin expected a slower upward trajectory in its BitTorrent crypto price prediction, expecting the coin to average $0.00246 in 2022 and $0.0027 in 2023, averaging $0.0036 in 2025 . Based on historical data, the site made a BTT crypto price prediction that it could average $0.0085 in 2030.

Binance will recover all old BTT balances and begin the distribution of new BTT, which will be renamed as BTTC, to all eligible users at a ratio of 1 BTT (Old) = 1,000 BTTC. After the token migration, the old BTT tokens will be renamed as BTTOLD, and the new tokens’ ticker will be BTTC .

BTT is BitTorrent’s native cryptocurrency, issued on TRON’s blockchain as a TRC-10 standard token . The total supply, as stated in its whitepaper, is 990,000,000,000 BTT. 6% of that total was available in a public token sale, 2% in a private token sale and 9% in a seed sale.