This crypto is on the way to the top 10 after 1.700% rise in two months

A cryptocurrency that had been largely overlooked by most traders is making headlines as it moves into the top 10 after an above-average performance in 2021.

The BitTorrent Peer-to-Peer (BTT) file transfer token is impressing in the crypto market after recording gains of approximately 1,750% in the last two months alone, rising from $ 0.000456 on February 5 to $ 0.0084 on 6 April, accordingly with CoinMarketCap.

Currency market capitalization increased by more than 3,125% in the same period from just about $ 310 million at the beginning of the year to an increase of more than $ 10.5 billion on April 4.

BitTorrent is presenting protocol improvements, but the key catalyst for the token price rise is unknown.

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It has been a volatile journey for altcoin that started 2021 as the 63rd largest cryptocurrency in market value. At its peak, BTT managed to break the top 10, albeit for a brief period. Since then, it has retreated and is now in 23rd position.

Even though BTT is currently correcting, cryptocurrency trader and strategist Kaleo believe that the asset has more gas in its tank.

“Is happening. We’ll probably accumulate somewhere around 0.009 a cent the next day or later and then go through it for the final leg. ”

At the time of publication of this article, BTT is being traded at US $ 0.009, down 26% in the last 24 hours, according to Dice from Coingolive.

See also: BTG Pactual launches 20% Bitcoin fund in partnership with brokerage Gemini


Thomas Miles

Cryptocurrency is the most recently discovered currency which will be likely at the help of modernization across the next few decades. With a limited control from the government, the crypto market is independent of many features of a sound market as we know it. Thomas brings these stories to us by weaving them into articles of general importance to all those looking at the fluctuations in the market, or new entries. Thomas is also the founder of Bulletin Bits and is an excellent leader. His leadership is the kind that makes him the most knowledgeable and experienced on the team. His wonderful work ethic and attitude are worthy of imitation!

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