Later This Year, BitTorrent's Value Has The Potential To Skyrocket

BitTorrent (Cryptopolitan) value prediction

JAKARTA - BitTorrent (BTT) is a cryptocurrency that has a peer-to-peer network like other cryptocurrencies. The difference is, this BTT provides file sharing services for its users. BTT is one of the most popular cryptocurrencies on the market.

BitTorrent has the best performance, able to grow more than 2,500 percent throughout 2020 and April 2021. Market observers are optimistic that BTT will continue its positive trend in 2021.

Based on the Nasdaq report, after BitTorrent was acquired by the Tron Foundation, the BTT cryptocurrency underwent positive changes. The new owner introduced the cryptocurrency under the same name from before. This is aimed at expanding the protocol and incentivizing network participants.

BTT Coin is designed for those who need faster and free download and upload speeds. The company improves its services and lays the foundation for future growth of the platform.

BTT itself has a limited supply of only 990 billion coins. The distribution of these tokens began in early 2019. The plan, BitTorrent Foundation will open a number of coins in 2028.

At first, BTT had difficulty developing. Crypto currency has to struggle with ups and downs during 2019 and 2020. However, in 2021, BTT has experienced a fairly rapid increase. Now BTT's performance has been quite stable in the last few weeks.

Market analysts from Digitalcoin believe BitTorrent will hit 1 cent this year. They also estimate that the price of BTT will continue to increase every year until 2028.

The same thing was expressed by observers from Trading Beasts who said that BTT is likely to increase by a significant margin this year. BTT growth is predicted to be felt after the end of this May.

Meanwhile, market observers from Coinpedia expressed a more optimistic tone, saying that BTT will break 1 US dollar by the end of 2021. The increase will continue until 2022.