BTT to IDR Price Today
BTT to IDR
BTT1
BTT
=
IDR
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.16% | 0.82% | 0.70% | 6.60% | 23.36% | 13.04% |
Compare BitTorrent [New] with other crypto
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.16% | 0.82% | 0.70% | 6.60% | 23.36% | 13.04% |
BTT to IDR
BTT1
BTT
=
IDR
BitTorrent [New] Risk Analysis
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Has the price increased over the past year?
Price has decreased by -22.27% in the last 1 year.
Is it trading above the 200-day simple moving average(SMA)?
BitTorrent [New] is currently trading -10.76% below the 200-Day SMA which is $0.00000102.
Is BitTorrent [New] currently overbought zone by (RSI)?
The 14-Day Relative Strength Index (RSI) is at 24.87 which indicates that the cryptocurrency is currently BUY and may trade sideways.
Have the last 30 trading days been positive?
The number of green days in the last 30 days is 9 which is 30%.
Is the total supply of BitTorrent [New] higher than the circulating supply?
The circulating supply has yet to be published.
The liquidity based on market capitalization to volume ratio should be sufficient.
Has high liquidity with 0.01784 volume to market cap ratio. The current market cap is Rp 13.99T while the 24-hour volume is Rp 249.58B
BitTorrent [New] (BTT) Markets
BitTorrent [New] Quarterly Returns
| Year | Q1 | Q2 | Q3 | Q4 | Total |
|---|---|---|---|---|---|
BTT comes under the list of new-arrival cryptos. Hence, there is no Quarterly Return exist. | |||||
Introduction to BitTorrent [New]
In 2001 Bram Cohen developed an agreement called BitTorrent that allows sharing of files among peers. It enables sharing of music, movies, and software among its users using the internet. It fragments the file into little pieces and then spreads them all over the network of its co-users. It makes it possible for users to download the huge file quickly and effortlessly.
Introduction to BTT
BitTorrent introduced its native cryptocurrency, BTT, in 2019. BTT being the ERC-20 token works on the principles of the Ethereum blockchain and its main focus is to motivate users to use the BitTorrent policy for sharing files. Users can earn BTT by seeding files, which means they continue to share files after downloading them.
How BTT Works
BTT works by integrating with the BitTorrent protocol. Users can earn BTT by seeding files or by using the token to speed up downloads. The more files a user seeds, the more BTT they can earn. BitTorrent also offers a feature called "BitTorrent Speed," which allows users to use BTT to prioritize and accelerate their downloads.
BTT Token Economy
BTT has a total supply of 990 billion tokens, with 212.1 billion currently in circulation. The tokens were distributed through an initial coin offering (ICO) in January 2019, where BitTorrent raised $7.2 million. In the past, ICO had achieved a remarkable place and was sold out in just 15 minutes.
Advantages of BTT
The most remarkable advantage of BTT is that it motivates users to use the BitTorrent policy to share files. This can help increase the number of seeders, which, in turn, improves the download speeds for everyone. Apart from that the BTT provides cheaper transaction costs with high speed. This in turn makes it the perfect option for cryptocurrency in case of micropayments.
Drawbacks of BTT
One potential drawback of BTT is its dependency on the BitTorrent platform. If the popularity of the platform declines, the value of BTT could be affected. Additionally, the total supply of BTT is significantly higher than many other cryptocurrencies, which could impact its long-term value.
Potential as an Investment Option
BTT has been gaining popularity as an investment option. Its unique use case and the popularity of the BitTorrent platform have contributed to its growth. Yet just like any other cryptocurrency, there are uncertainties associated with it. Thus it is advisable for investors to do proper research prior to investing in BTT.
How to Buy and Store BTT
BTT is available for purchase on many cryptocurrency exchanges, including Binance, Huobi, and BitTorrent's own exchange, BitTorrent DEX. For buying BTT the users have to create an account on any one of the above exchanges. After that finish the KYC procedure and deposit a certain amount of funds in that account.
Once the funds are deposited, investors can place buy orders for BTT.
Storing BTT is similar to storing other ERC-20 tokens. Ethereum wallets like MyEtherWallet, MetaMask or Ledger Nano S that support ERC-20 tokens can be used. It is essential to keep the private keys secure and back up the wallet to prevent any loss of funds.
BTT Price Analysis
BTT has seen significant price fluctuations since its launch in 2019. With the recent capitalization of $6 billion, BTT is among the top 50 cryptocurrencies by market capitalization. It had reached its highest point in April 2021 at $0.012 which was above its earlier price of $0.00012.
Future Outlook for BTT
The future outlook for BTT depends on the success and growth of the BitTorrent platform. If the platform continues to gain popularity, BTT could see increased adoption and use. However, there are risks associated with the platform's decline, which could affect the value of BTT. Additionally, regulatory uncertainty and competition from other cryptocurrencies could also impact the future outlook for BTT.
Risks and Challenges
Like any cryptocurrency, BTT faces several risks and challenges. One of the most significant risks is its dependency on the BitTorrent platform. If the platform loses its popularity or faces regulatory challenges, the value of BTT could be affected. Additionally, the total supply of BTT is significantly higher than many other cryptocurrencies, which could impact its long-term value. Lastly, there are always the threats of price and market fluctuations in any kind of investment.
Comparison with Other Coins
BTT is a unique cryptocurrency that offers a specific use case for incentivizing file sharing. Many cryptocurrencies like Siacoin or Storj have the same features. However, BTT has its uppercut since it is connected with the famous Bitcoin platform. Moreover, when compared with other cryptocurrencies BTT’s total supply is much higher. This can influence its value in the long run.
How Much is a One BitTorrent [New] Worth Now?
The current price of the BitTorrent [New](BTT) is Rp 0.0144, with a current market cap Rp 13,988,056,355,154.76.
What is the BitTorrent [New] Stock Symbol or Ticker?
BTT is a ticker symbol of the BitTorrent [New].
How Many BTT Coins Are There in Circulation?
At the movement,968.25T BitTorrent [New] tokens are already in the market out of 990T BTT.
How Can I Invest in BitTorrent [New]?
There are many options for buying crypto, and BitTorrent [New] can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy BitTorrent [New]. It's a quick, easy, and secure way to buy BitTorrent [New](BTT).
Is BitTorrent [New] a Stablecoin?
No, It is not a stablecoin.
What Was the Lowest Price for BitTorrent [New]?
BitTorrent [New] had an all-time low of Rp 0.00571.
What Was the Highest Price for BitTorrent [New]?
BitTorrent [New] had an all-time high of Rp 0.0477.
BitTorrent [New] Price Prediction
The current BitTorrent [New] to IDR price is Rp 0.0144. In the last 24 hours, BTT to IDR price has gone up by 0.82%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future BitTorrent [New] price prediction.
Portfolio Tracker
Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired BitTorrent [New] at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.
Coin Converter
By exchanging BTT against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, BitTorrent [New] can be earned or received in various ways. BTT considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the BTT, including BTT to PHP, BTT to INR, BTT to NGN, BTT to THB, BTT to CAD, BTT to PKR, BTT to IDR , BTT to EUR , BTT to AUD , BTT to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
Would you like to know how many cryptocurrencies 1 BTT is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like BTT to AIC, BTT to BTC, BTT to NEIRO, BTT to SUI, BTT to SOL, BTT to SCR, BTT to PEPE, BTT to ETH .
BTT to IDR price today is Rp 0.0144, which is Up by 0.82% over the last 24 hours. There has been an hourly Rise by 0.16%. BitTorrent [New]'s market cap currently sits at Rp 13,988,056,355,154.76 IDR, holding up for a market cap rank at #75. The volume were at Rp 249,575,626,793.86 IDR BitTorrent [New] ranks no 75 in the market capitalization of BitTorrent [New] is at Rp 13,988,056,355,154.76 and its volume for 24 hours is Rp 249,575,626,793.86. BitTorrent [New] are under circulation, with total supply of 990T and the Maximum supply of 0.
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BTT to IDR Price Statistics
Live BitTorrent [New] Price in IDR
| BTT to IDR | Rp 0.0144 |
| Percentage Change ( 24h ) | ▲0.82% Rp 0.000216 |
| 24h High / Low | Rp 0.0144 / Rp 0.0142 |
| Trading Volume 24h | Rp 249,575,626,793.86 |
| Volume / Market Cap | 0.01784 |
| Market Dominance | 0.04% |
| Market Rank | 75 |
| Market Cap | Rp 13,988,056,355,154.76 |
| Fully Diluted Market Cap | Rp 14,302,325,712,765.39 |
| All Time High | Rp 0.0477 ▲471352.71% |
| All Time Low | Rp 0.00571 ▲3937871.15% |
| Circulating Supply | 968,246,428,571,000 BTT |
| Total Supply | 990,000,000,000,000 BTT |
| Max Supply | - |