BitTorrent Price Prediction

BitTorrent, a peer-to-peer network, was first introduced in July 2001 but launched in July 2018. This was after it was bought by Tron a blockchain platform. Since it was bought, it has added new features additionally, in Feb 2019 it launched its native token BTT. Moreover, it was established on TRON’s own blockchain using its TRC-10 standard. BitTorrent is one of the largest decentralized peer-to-peer communication platforms around the globe this is per their official text. The founder of BitTorrent is the renowned Bram Cohen, who explained that he created BitTorrent to take over the outdated entertainment industry. This made the attainment of materials slow and costly. However, we have seen the platform being taken to court due to copyright claims, but Bram Cohen maintains that it does not break any law in the sharing of music and movies among its platform users. Current price prediction BitTorrent/USD 1-day price chart On the 24-hour chart, the token was on a bullish trend in the beginning, on the 9th of May the token recorded a price of $0.000001581 and a trading volume of $110.65 Million. The bullish trend was on for some hours but the token soon started to take a dip. Recording the lowest token price of $0.000001401 with a trading volume of $139.94 in the last 24 hours. As per the time of writing the token is on a bearish trend where it is trading at a price of $0.000001401 and a trading volume of $139.94 Million. The tot...