BitTorrent
About BitTorrent
The price of BitTorrent (BTT) is $8.386e-7 today, as of Sep 16 08:13 p.m., with a 24-hour trading volume of $20.54M. Over the last 24 hours, the price has decreased by -2.63%. BitTorrent currently has a circulating supply of 968.25T and a market cap of $811.96M.
BitTorrent (BTT) is a digital token based on a blockchain that powers some of the world’s most popular decentralized protocols and applications. BitTorrent itself is a decentralized file-sharing protocol that was developed in 2001 by computer programmer Bram Cohen. It was designed to facilitate the transfer of large computer files without a central server, and it is responsible for moving a significant percentage of the world’s internet traffic. Decentralized apps powered by BTT include BitTorrent Speed, BitTorrent File System and DLive.
BTT was launched in 2019 through an initial exchange offering (IEO) on crypto exchange Binance’s Launchpad platform in two separate sales, including one for those who paid with the token native to the Tron blockchain, TRX, and the other for those who paid with Binance’s native exchange token, BNB. Within minutes of the public sale, all 59.8 billion BTT sold out for a total of about $7.2 million. Demand was so high for the token that Binance CEO Changpeng Zhao stated that the IEO would have taken 18 seconds if not for some technical issues on Binance’s end. All together, 962 investors participated in the sale.
Trading in BTT began to pick up in February 2021, and its price hit an all-time high of $0.013566 on April 5, 2021. After that, BTT’s price fell steadily until July 21, when it bottomed out at $0.002154. Its all-time low was $0.000138 on March 13, 2020.