BitTorrent Price Predictions 2024-2033
BitTorrent Price Prediction 2024 – up to $0.00000066
BitTorrent Price Prediction 2027 – up to $0.00000212
BitTorrent Price Prediction 2030 – up to $0.00000694
BitTorrent Price Prediction 2033 – up to $0.00002159
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.
Is BTT still a viable investment tool in 2024?
How much is BTT worth?
Today’s BitTorrent-New price is $0.0000008035 with a 24-hour trading volume of $25.17M. BitTorrent-New is down 1.77% in the last 24 hours. The current CoinMarketCap ranking is #78, with a live market cap of $779.52M. It has a circulating supply of 968.25T BTT coins and the max. supply is not available.
BitTorrent price analysis: Bearish Trend Continues for BitTorrent (BTT) as Price Tests Key Support Levels
BTT trading within a falling channel
BTT could break to the upside, reaching $0.00000115
BTT trading below the 20-day moving average
BTT price analysis 1-day chart: BitTorrent to retest support at $0.00000074?
On the daily chart, BTT is trading on a falling channel, indicating a bearish trend, where selling pressure outweighs buying pressure in the market. Traders may look for opportunities to enter short positions anticipating further downward movement to support at $0.00000050. Conversely, buying opportunities could exist near the lower trendline at $0.00000074, if there are signs of a reversal or a breakout from the falling channel. The MACD also corroborates the current bearish trend with a negative crossover.
BTT price analysis 4-hour chart: Bulls to take BTT to $0.00000115?
Based on a comprehensive analysis of the 4-hour price chart for BTT (BitTorrent Token), we observe that the asset’s current price is below the lower boundary of the Bollinger Bands, indicating it might be undervalued compared to its recent price range. This positioning often suggests a potential reversal in price trends, with a possibility of BTT climbing to $0.00000115 if market dynamics shift favorably.
Furthermore, the Relative Strength Index (RSI) for BTT stands at 23.85, signifying an oversold condition. This typically indicates that the asset is trading lower than its intrinsic value, which could lead to a bullish reversal as the market may perceive BTT as undervalued and initiate buying.
Recent News/Opinions on the BitTorrent Network
Brazil’s largest crypto exchange lists BTT!
📢 @MercadoBitcoin has now listed #BTT!BitTorrent is honored to join hands with @MercadoBitcoin, the LARGEST crypto exchange in Brazil, and to bring #BitTorrent Chain to fans and users in Brazil, the future is bright and full of expectation! pic.twitter.com/2v4xHv0HZZ
— BitTorrent (@BitTorrent) January 17, 2024
BitTorrent-New (BTT) Price Prediction 2024-2033
Price Prediction by Cryptopolitan
Year Minimum Price ($) Average Price ($) Maximum Price ($) 2024 0.000001 0.000001 0.000002 2025 0.000002 0.000002 0.000002 2026 0.000003 0.000003 0.000003 2027 0.000004 0.000004 0.000005 2028 0.000006 0.000006 0.000007 2029 0.000009 0.000009 0.000011 2030 0.000012 0.000013 0.000015 2031 0.000019 0.000019 0.000022 2032 0.000028 0.000028 0.000033 2033 0.000040 0.000041 0.000048
BitTorrent (BTT) Price Prediction 2024
According to our BitTorrent price prediction for 2024, we anticipate a continued upward trend in the value of BTT, potentially reaching a maximum price of $0.000002. Traders should be prepared for the cryptocurrency’s value to fluctuate between a low of $0.000001 and an average of approximately $0.000001.
BitTorrent Price Prediction 2025
Looking towards 2025, our BitTorrent price prediction indicates that there is potential for BTT to reach a high price of $0.000002. Meanwhile, we estimate the minimum value for BTT to be approximately $0.000002, with an anticipated average market price of $0.000002.
BitTorrent (BTT) Price Prediction 2026
For 2026, our BitTorrent price prediction indicates a maximum price of $0.000003 and a minimum price of around $0.000003. The expected average market price is approximately $0.000003.
BitTorrent Price Prediction 2027
Our 2027 BitTorrent price forecast suggests significant growth for BTT. It may reach a maximum price of $0.000005, reflecting a substantial increase from its current value. The minimum and average prices are projected to reach $0.000004 and $0.000004, respectively.
BitTorrent (BTT) Price Prediction 2028
According to our analysis, the projected price for BitTorrent (BTT) in 2028 indicates a substantial surge, potentially reaching a maximum value of $0.000007 per BTT. The average price for BTT is expected to reach $0.000006, with no anticipated dips below $0.000006.
BitTorrent (BTT) Price Prediction 2029
Our BitTorrent price prediction for 2029 indicates potential gains in the market, with a projected maximum price of $0.000011 and a minimum price of $0.000009. The average market price for BTT during this period is estimated to be approximately $0.000009.
BitTorrent Price Prediction 2030
According to our analysis, the projected price range for BitTorrent (BTT) in 2030 suggests a maximum value of $0.000015 by the year’s end. On the other hand, the minimum estimated price for BTT is anticipated to be around $0.000012, with an average estimated price of approximately $0.000013.
BitTorrent (BTT) Price Prediction 2031
Based on our comprehensive analysis, our BitTorrent price forecast for 2031 indicates a significant increase in the value of BTT, reaching a maximum price of $0.000022. Our findings suggest that the minimum projected price for the asset is approximately $0.000019, while the market’s average price is expected to be around $0.000019.
BitTorrent (BTT) Price Prediction 2032
According to our BitTorrent price prediction for 2032, it is anticipated that the value of BTT could reach a maximum price of $0.000033, a minimum price of $0.000028, and an average price of $0.000028.
BitTorrent (BTT) Price Prediction 2033
Our BitTorrent price prediction for 2033 suggests that there will be steady growth with the possibility of reaching a maximum price of $0.000048. On average, the market price is expected to be around $0.000041, and the lowest price could be $0.000040.
These predictions are based on the data provided and should be considered as speculative estimates. The cryptocurrency market is highly volatile and subject to rapid changes, influenced by various factors including market trends, investor sentiment, and global economic conditions.
BitTorrent Price Prediction by Wallet Investor
According to Wallet Investor’s BitTorrent-New price forecast, the market price of BTT-New is expected to potentially reach as high as 0.00000118 USD by 2025. As a result, Wallet Investor considers BitTorrent-New to be a favorable investment for the future. They anticipate that the price of BTT could reach $0.00000224 by 2029.
BitTorrent Price Prediction by Technewsleader
According to Technewsleader, there is a possibility that the value of BitTorrent (BTT) could reach $0.000001 by 2025. Additionally, their forecasting model suggests a five-year projection of $0.000005. Looking further ahead, the prediction indicates that BitTorrent might potentially achieve a price of $0.000020 by 2033.
BitTorrent Price Prediction by Digitalcoinprice
According to Digitalcoinprice’s analysis, BitTorrent (BTT) is expected to demonstrate potential growth over the coming years. Their projections suggest that in 2024, the maximum price for BitTorrent could reach $0.00000105. By 2027, it is anticipated to rise to $0.00000369, and further increase to $0.00000602 by 2030. Looking ahead, by 2033, the average price of BitTorrent is predicted to be around $0.0000155, with the maximum price reaching $0.0000156.
BitTorrent Overview
Popularity #76 Market Cap $779.52M Price Change (24 hours) -0.19% Trading Volume (24 hours) $25.17M Price Change (7 days) -22.24% Circulating Supply 968.25T BTT All-time low (Oct, 2023) $0.0000003657 All-time high (Jan, 2022) $0.000003054 Price from ATL 120.06% Price from ATH -73.66%
BitTorrent Price History
The introduction of BitTorrent Token (BTT) to the cryptocurrency market was marred by a rather unfavorable reception. Soon after its launch in 2019, the token endured a substantial depreciation in value. As per CoinCapMarket data, BTT experienced a staggering 80% decline from its initial launch price, marking a significant setback for the token’s market performance.
On January 31st, 2019, BitTorrent Token (BTT) debuted with a modest closing price of $0.0004, which persisted for the initial two days of trading. However, the subsequent month brought some respite for the token, as its value gradually rose to $0.0011 per BTT. This bullish trend persisted for a while, culminating in an all-time high of $0.01426 at the beginning of April 2019 for BitTorrent Token (BTT).
Unfortunately, the positive momentum for BitTorrent Token (BTT) was short-lived, and the token faced significant challenges as it approached the final quarter of 2019. By October of that year, BTT experienced a significant decline in value, trading at 0.001. As the year drew to a close, the trading price of BitTorrent Token (BTT) further plummeted to $0.0003
The year 2020 brought relatively subdued movements for the BitTorrent Token (BTT). At the beginning of the year, the token was trading at $0.0002, and it gradually climbed to $0.0005 by mid-February. However, the outbreak of the COVID-19 pandemic had a detrimental impact on the token’s value, causing it to plummet to a new low of $0.00013 in March 2020. Following the downturn caused by the pandemic, BitTorrent Token (BTT) displayed signs of recovery, as its value climbed back up to $0.0005 in August 2020. However, this upward trend was short-lived, and by the end of 2020, the token’s value once again declined to $0.0002.
In 2021, BitTorrent Token (BTT) underwent significant development with the launch of the BitTorrent Chain (BTTC) network, which aimed to address previous challenges. This led to a surge in BTT’s value, reaching an all-time high of $0.01426 in April. However, the crypto market downturn resulted in a decline, with BTT dropping to $0.00029 and reaching a low of $0.001895 in July. The token later settled around $0.002706 by December.
The year 2022 wasn’t any better for BTT as the coin dipped further to new lows of $0.0005126 in July. However, the coin had a quick and short resurgence in August 2022, reaching a peak of $0.001142. The bears soon took over and BTT ended the year at $0.0006352.
At the beginning of 2023, BitTorrent Token (BTT) was valued at $0.0006551, which gradually increased to $0.0007812 by April. However, the bullish trend reversed in May, and the bears took control of the market, leading to a downward trajectory for BTT’s price. The token experienced some recovery in December reaching a peak value of $0.000001394.
As of now (January 2024), the BitTorrent Token (BTT) is being traded at a value of $0.0000008051.
More on BitTorrent (BTT)
What is BitTorrent Cryptocurrency?
BitTorrent cryptocurrency, or BitTorrent Token (BTT), is a digital asset built on the TRON blockchain. It incentivizes users within the BitTorrent network, improves file-sharing efficiency, and enables rewards for seeding and sharing files. BTT facilitates faster access, prioritized bandwidth, and unlocks premium features in the BitTorrent ecosystem. It aims to revolutionize content distribution and create a decentralized economy within the file-sharing community.
Use Cases and Utility
BTT has several practical applications that contribute to its utility in the digital space:
Speed Enhancement: Users can spend BTT to increase their download speeds on the BitTorrent network.
Content Creators and Consumers: The token allows content creators to connect directly with their audience, enabling them to earn BTT for their content, while consumers can use BTT to access or request specific content.
Decentralized Storage and Streaming: BTT is used in BitTorrent’s decentralized file storage system, BitTorrent File System (BTFS), and in DLive, a blockchain-based live streaming platform.
Participation in Ecosystem Development: BTT holders can engage in the governance of the BitTorrent ecosystem, influencing decisions and future developments.
Conclusions
BitTorrent is one of the most popular crypto projects among blockchain enthusiasts. Again, BitTorrent is one of the largest torrent trackers that provides information exchange, data storage, etc. According to our BTT price prediction, we expect the coin to grow in the future. It is essential to know that the general market volatility remains a crucial factor in influencing this token’s price in the future. Hence, it is advisable to trade/invest with caution. Only invest with money that you can afford to lose.