BitTorrent (BTT) Price Prediction 2024-2030: Will BTT Price Hit $0.000005 Soon?

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BitTorrent (BTT) Price Prediction
  • BTT’s price might surpass the overhead resistance and hit $0.0000019 in 2024.
  • 2027 and 2028 could be bearish years for BTT as the price might decline.
  • The bullish thesis for BTT places the 2030 price prediction at $0.000011.

Not many popular tokens exist on the Tron blockchain. But if there is one that has remained in the faces of traders, it is BitTorrent (BTT). Years back, the project underwent some form of rebranding, led by Tron’s founder Justin Sun. At that time, BTT was missing in action.

In recent times, the token seems to be back as the price action has been relatively impressive. In this article, Coin Edition examines BitTorrent as a project and the price predictions of BTT from 2024 to 2030.

BitTorrent (BTT) Real Time Market Status

🪙 Name BitTorrent [New]
💱 Symbol BTT
🏅 Rank #81
💲 Price $0.000000906684690183
📊 Price Change (1h) 0.08 %
📊 Price Change (24h) 3.27 %
📊 Price Change (7d) 14.06 %
💵 Market Cap $877894213.11
💸 Circulating Supply 968246428571000 BTT
💰 Total Supply 990000000000000 BTT

BitTorrent [New] (BTT) is currently trading at $0.000000906684690183 and sits at number #81 on CoinMarketCap in terms of market capitalization. There are 968246428571000 BTT coins currently in circulation, bringing the total market cap to $877894213.11.

Over the past 24 hours, BitTorrent [New] has increased by 3.27%. Looking at the last week, the coin is up by 14.06%.

What is BitTorrent (BTT)?

BitTorrent was originally released in July 2001. However, the project only became popular after Tron (TRX), led by Justin Sun, acquired it in 2018. Now, BitTorrent is known as a (P2P) file-sharing platform. The acquisition of the project led to the development of a native cryptocurrency token, BTT in 2019. 

BTT operates on the Tron blockchain while BitTorrent is currently the largest decentralized P2P communications protocol globally. A lot has happened with BitTorrent since its acquisition but Tron has shown efforts to ensure that it is part of its mission to push the adoption of decentralization across the world.

BTT Current Market Status

As of this writing, BTT’s price was $0.0000013. This represents a 5.17% increase in the last 24 hours. Meanwhile, the trading volume of the token also increased and reached $38.44 million, suggesting that traders showed interest in the cryptocurrency.

BTT’s market cap at press time, was $1.27 billion. Its total supply is 990 trillion tokens but about 968 trillion tokens were in circulation. BTT is available on Binance, Kraken, Bybit, and OKX. Decentralized exchanges including PancakeSwap v2 and Uniswap v2 also offer the token.

BitTorrent (BTT) Price Analysis

Although BTT’s performance on an all-time basis was a decrease, that does not mean that the token is down and out. Here, Coin Edition analyzes its price potential and predictions from 2024 to 2030. Read on.

BitTorrent (BTT) Price Analysis – Bollinger Bands

The Bollinger Bands (BB) on the BTT/USD 4-hour chart displayed increasing volatility around the token. With this position, BTT could experience significant price fluctuations to the upside or otherwise.

BTT/USD 4-Hour Chart (Source: TradingView)

However, the upper band of the BB had touched BTT at $0.00000139, suggesting that the cryptocurrency was overbought. As such, the price might decline and a trip down to $0.00000127 could be possible.

BitTorrent (BTT) Price Analysis – Relative Strength Index (RSI)

For the Relative Strength Index (RSI), the chart below showed that buying momentum was solid as bulls were backing the uptrend. If this continues, the price of BTT could rise to $0.0000015 resistance.

BTT/USD 4-Hour Chart (Source: TradingView)

But like the Bollinger Bands, the RSI showed that BTT was overbought as its reading was over 70.00. If buying pressure reduces at this point, the price of the token might retrace and the next targets could be lower $0.0000013.

BitTorrent (BTT) Price Analysis – Moving Average Convergence Divergence

On the 4-hour timeframe, the Moving Average Convergence Divergence (MACD) had moved from the negative region to the positive territory. A transition like this suggests that bulls were working hard so that BTT would not fall back to bearish momentum.

BTT/USD 4-Hour Chart (Source: TradingView)

If the MACD maintains a positive reading, the price of the token might jump. However, traders need to watch out for the 12 EMA (blue) and 26 EMA (orange). If the shorter EMA sustains its position over the longer one, the bullish bias could be validated. If not BTT’s price might slump.

BitTorrent (BTT) Price Prediction 2024

For 2024, the price of BTT is expected to increase. But we can’t come to this conclusion without analyzing the price. As of this writing, the On Balance Volume (OBV) was negative, suggesting that sellers were previously in control of the price action.

However, the OBV was trying to trend upward at press time, indicating some level of buying pressure. This was also backed by the Accumulation/Distribution (A/D) which also roe to the upside.

BTT/USD 4-Hour Chart (Source: TradingView)

Should this continue to be the case as the year goes on, BTT might drive past the overhead resistance and hit $0.0000019.

BitTorrent (BTT) Price Prediction – Resistance and Support Levels

According to the 4-hour chart, a crucial resistance stood at $0.00000122 for BTT. With this state, it is unlikely for the price action to fall below the aforementioned price. However, bulls need to be watchful of bears who might want to breach the levels.

BTT/USD 4-Hour Chart (Source: TradingView)

Another point of interest was $0.00000135 which acted as a resistance until bulls broke through the point. On the upside, a crucial area was at $0.00000158. A close above this region might send BTT to a yearly high. Otherwise, a decline could cause the price to fall.

BitTorrent (BTT) Price Prediction 2025

In recent years, Tron has proven to be one of the blockchains with one of the highest adoption rates. However, that has not translated to improved price actions for tokens under the ecosystem. But BTT might enjoy a bit of traction on the network in 2025, and this could draw its price up to $0.0000042.

BitTorrent (BTT) Price Prediction 2026

By 2026, the price of BTT might jump again. This time, it is expected to surpass the $0.0000050 mark. As such the price prediction for 2026 is $0.0000059.

BitTorrent (BTT) Price Prediction 2027

2027 could be a crucial year for BTT as it could either make or mar the token. From our projections, the price of BTT is expected to drop and hit $0.0000038 in 2027.

BitTorrent (BTT) Price Prediction 2028

BTT’s price might drop again in 2028 as the cryptocurrency might fail to attract an impressive level of liquidity. As such, the price could be $0.0000024.

BitTorrent (BTT) Price Prediction 2029

In 2029, BTT’s price is projected to surpass its previous highs. This leaves the prediction at $0.0000073.

BitTorrent (BTT) Price Prediction 2030

By 2030, the crypto market is expected to be valued at over $10 trillion. Because of this, the prices of many altcoins might jump to incredible heights. Therefore, BTT might delete one zero and trade at $0.000011.

BitTorrent (BTT) Price Prediction 2040

The price of BTT might increase in 2040 as demand for P2P transactions on Tron might increase. Should this be the case, BTT’s price might climb to $0.000023.

Minimum Price Average PriceMaximum Price
$0.000012$0.000019$0.000023

BitTorrent (BTT) Price Prediction 2050

Like its 2040 prediction, BTT’s price might rally high in 2050. At an average level, the value of the token might rise to $0.000037. In a highly bullish case, the price of the token might hit $0.000045

Minimum Price Average PriceMaximum Price
$0.000031$0.000037$0.000045

Conclusion

In conclusion, BTT is one token to keep an eye on. This is not because the price of the token is expected to surge much higher. But because of its use case on the Tron blockchain. In several countries, P2P transactions are in high demand, and this could make BitTorrent relevant to the ecosystem in the years to come.

FAQs

What is BTT?

BTT is the native token of BitTorrent, a peer-to-peer (P2P) file-sharing platform that operates on the Tron network. Unlike many tokens, BTT is a TRC-10 cryptocurrency.

How do you buy BTT?

You can buy BTT on Binance, Huobi Global, and the OKX exchanges. Beyond these options, you can also buy the token on PancakeSwap v2 and Uniswap v2.

Is BTT a good investment?

If you bought BTT a year ago, then the token would have been a good investment. But for those holding the cryptocurrency since inception, it might not be the same. However, buying the token at lower values might be better if you plan on making a buck out of it. Whether it will be a good investment or not, only time will tell.

What is BTT’s all-time high?

BTT’s all-time high was $0.00000305 in 2021.

Will BTT reach $0.000005 soon?

BTT can reach $0.000005. However, that might not be as soon as holders of the token might want it. Although the token has been performing well of late, there is no strong narrative backing it to hit such highs within a short while.

What is the maximum supply of BTT?

The maximum supply of BTT is not public but the total supply is 990 trillion tokens.

Will BTT surpass its current ATH?

BTT’s 101% increase in the last year means that it has the potential to surpass its current ATH if it outperforms that performance. Currently, BTT is about 3x lower than its ATH. But if it builds up a bullish momentum within the next few months, it can surpass the high before the year ends.

What is the lowest price of BTT?

BTT’s lowest price was $0.00000036 in 2023.

Who is the founder of BTT?

Bram Cohen, a developer, and entrepreneur is the founder of BitTorrent.

Which year was BTT  launched?

BTT was launched in February 2019.

How do I store BTT?

You can store BTT on a Tron-based wallet or use a hardware wallet offline to keep the token.

What will be the price of BTT in 2024?

BTT price is expected to reach $1.50 by the end of 2024.

What will be the price of BTT in 2025?

BTT’s price might increase to $0.0000042 in 2025.

What will be the price of BTT  in 2026?

The price of BTT might fall back to $1.62 in 2026.

What will be the price of BTT in 2027?

The price of BTT is expected to fall to $0.0000038 in 2027.

What will be the price of BTT  in 2028?

BTT’s price might decrease to $0.0000024 in 2028.

What will be the price of BTT in 2029?

In 2029, the value of the token might trade at $0.0000073.

What will be the price of BTT in 2030?

By 2030, the price of BTT might rise to $0.000011.

What will be the price of BTT in 2040?

The price of BTT could be $0.000023 in 2040.

What will be the price of BTT in 2050?

BTT could reach $0.000045 in 2050.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.