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BitTorrent Price Prediction 2022-2031: Is BTT a Good Investment?

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BTT Price Predictions 2022-2031

BTT Price Prediction 2022 – up to $0.00000223
BTT Price Prediction 2025 – up to $0.00000724
BTT Price Prediction 2028 – up to $0.00002173
BTT Price Prediction 2031 – up to $0.00006241

Since its launch in 2000, BitTorrent has struggled to monetize its massively popular service into a profitable investment. To that end, BitTorrent was acquired by the Tron Foundation, creators of the Tron blockchain, in 2019. The new ownership then introduced BitTorrent to the crypto market to help expand BitTorrent protocol and incentivize the volume of users or traders on the network.

This BitTorrent price prediction will reveal more about BTT’s potential for surviving the crypto winter, through its market of the most extensive file-sharing protocol with more than 100 million users.

BitTorrent said that under its planned redenomination of its token BTT, it had burned 541 billion BTTOLD representing 54.6% of the total. The old token is now named BTTOLD, and the new one is BTT which launched in January.

Going by its market cap, it has become one of the best gainers in the shortest time. Along the way, we will take a look at BTT price analysis before we go into BitTorrent price prediction.

Today’s BitTorrent price is $0.000777 with a 24-hour trading volume of $62,631.52. BitTorrent is down 3.32% in the last 24 hours. The current CoinMarketCap ranking is #210, with a live market cap of $769,179,079. It has a circulating supply of 990,000,000,000 BTTOLD coins and the max. supply is not available.

BTT token is bought and spent by those who request data or wish to increase their download speed.

What is BitTorrent Cryptocurrency?

BitTorrent is a peer-to-peer file-sharing market platform that has recently become more decentralized. BitTorrent provides a market of the most extensive file-sharing protocol with more than 100 million users.

Tron (cryptocurrency) - Wikipedia

Users on the TRON blockchain can use BitTorrent coin (BTT) to play along with content creators’ files on the network. BitTorrent cryptocurrency is now recognized as one of the most extensive peer-to-peer software in the cryptocurrency market. 

BitTorrent reached its highest price on Apr 5, 2021 when it was trading at its all-time high of $ 0.013830. The lowest price since it’s ATH was $ 0.001798 (cycle low). The highest BTT price since the last cycle low was $ 0.005334 (cycle high). The BitTorrent price prediction sentiment is currently bearish.

BitTorrent Price Prediction 2022-2031: Is BTT a Good Investment? 1

Source: WalletInvestor

History of BTT Price

BTT - Bittorrent. The Logo Of Coin Or Market Emblem. Stock Vector -  Illustration of global, bittorrent: 144001431

BitTorrent is a software that connects parties accessing its network to compute file sharing requests at its core. Transactions begin when a user asks for files from the providers who host them on their computer. Providers who host a file split them into several pieces. Thus, requesters receive pieces of the same file from multiple providers if requesters wish to download the said file.

The expansion of BitTorrent into the cryptocurrency market was intended to make it a more distributed network, compensating providers while increasing the efficiency of sharing large files to reduce server and network impact. 

2019

BitTorrent token [BTT] has had a rough year since landing on the cryptocurrency markets. Since its launch in 2019, the cryptocurrency has lost about 80% of its launching value. 

Following its listing on CoinMarketCap on January 31, 2019, BTT traded at a closing price of around 0.0004 USD in the first two days. However, later in February, BTT launched a great start by surging as high as 0.0011 USD per cryptocurrency unit. An explosive pump was experienced in February. The BTT continued with this bearish momentum for several months. Later, BTT recorded its all-time high by reaching 0.01426 USD at the start of April. 

BTT plunged considerably to 0.001 USD in the third quarter and continued the fall until the quarter. By October 2019, BTT was trading at 0.0005 USD. Again, the coin experienced a significant downfall until the end of the year. At the end of December 2019, BTT received the needed support and was trading at $0.0003. 

2020 

With the market being bearish, BTT continued to show resistance. It traded at $0.0002 during the start of January 2020. The opposition continued, and it further climbed to 0.0005 USD by the mid of February. Later the coin value shockingly dropped to 0.00013 USD to record its all-time low in March due to the Covid-19 outbreak. Later, BTT started to surge significantly and touched the 0.0005 USD mark by August. The coin value experienced a significant fall until the middle of December. At the end of 2020, BTT plummeted to trade at 0.0002 USD.

2021

In 2021, the Tron Foundation and the BitTorrent Network decided to launch a network called BitTorrent Chain (BTTC). BTTC acts as a Layer 2 scalability solution and aims to address Tron’s cross-chain issues such as decentralized apps (Dapp), non-fungible tokens (NFT), and decentralized finance (DeFi). The result of this collaboration is the creation of BitTorrent Chain network. The token of this network is the same BTT token that is transferred to the BTTC network. Some distinctions exist, although they are one and the same token:

  • The name of the old BTT token has changed to BTTOLD, and the new token has remained BTT.
  • BTTOLD is a TRC10 token, and the new BTT is a TRC20 token.
  • The conversion ratio of BTTOLD to BTT will be 1:1000.

BTT’s Third Anniversary

The BitTorrent Token (BTT) is yet to celebrate its third birthday on January 20, 2022. Counting down events from the last year, the token team was able to deploy the world’s first decentralized live stream, the Dlive protocol.

Additionally, the coin’s market value surged to a whopping $3.5 million. Factors influencing the growth of the coin then can be attributed to Binance listing the BTT/TRX pair and getting listed on BitPanda.

Besides, Kucoin also went on to list the BTT token in March of 2021. Well, there are lots of events to anticipate in 2022. First on the list is an announcement by Binance to support BTT’s token migration and redomination plan which is set out to take place on the 11th of January, 2022.

BitTorrent Token’s parent company BitTorrent took a different turn once it got acquired by TRON in 2018. The following would see the company launch the BTT cryptocurrency through the TRON blockchain. Which was a means to add more decentralization to the entertainment platform. The original founder of BitTorrent, Bram Cohen, came up with the platform back in 2000. And since then, it has been championing for files users to share files among themselves without breaking copyright laws.

How to Swap BTTOLD to BTT

Step 1 – Download and install TronLink wallet. TronLink wallet is available in both Google Chrome extension and Android and iOS apps.

Step 2 – Go to Chrome Web Store and search for TronLink and click on Add to Chrome.

BitTorrent Price Prediction 2022-2031: Is BTT a Good Investment? 2

Step 3 – Click on the Create Wallet button and scroll down the user agreement text and agree to the terms.

BitTorrent Price Prediction 2022-2031: Is BTT a Good Investment? 3

Step 4 – Enter a password that matches all four criteria so that they turn green. Enter the password again in the next box.

BitTorrent Price Prediction 2022-2031: Is BTT a Good Investment? 4

Step 5 – After you hit the Create Wallet button, make sure you backup your wallet. Send your old BTT to this wallet.

Step 6 – Head to BTT Swap app through this link.

Step 7 – On the top right corner, choose Connect Wallet and then click on Tron Network.

BitTorrent Price Prediction 2022-2031: Is BTT a Good Investment? 5

Step 8 In the pop-up window, click on Connect.

BitTorrent Price Prediction 2022-2031: Is BTT a Good Investment? 6

Step 9 – Choose the amount of BTTOLD you would like to swap to BTT and hit Confirm Swap.

BitTorrent Price Prediction 2022-2031: Is BTT a Good Investment? 7
  • The Trigger Smart Contract message shows up. Click on Sign and wait for the smart contract to be confirmed.
  • Click on Done to finish the swap process.
  • To be able to see your new BTT tokens in the wallet, open TronLink wallet extension and click on + button.
BitTorrent Price Prediction 2022-2031: Is BTT a Good Investment? 8

Step 10Type in BTT and choose BTT (TRC20) from the list by clicking on + button.

BitTorrent Price Prediction 2022-2031: Is BTT a Good Investment? 9

Step 11 – Go back to the All Assets window by clicking on < button. Your balance of new BTT tokens must be shown in your assets.

New Developments in the BitTorrent Ecosystem

BitTorrent recently announced that users can now experience the BitTorrent chain on the Coin98 decentralized app browser again. BitTorrent’s File System became the first scalable decentralized storage system based on 2 billion BitTorrent users. Here are some of the new developments on the BitTorrent Network:

BitTorrent announced that it has partnered with Hot Cross. It is essential to know that Hot Cross is a multi-chain infra & web3 playground created for both blockchain teams and communities.

BitTorrent also announced that wallet accounts on its network exceeded 360,000,000.

New Developments In The BitTorrent Network

BitTorrent announced that it has partnered with Hot Cross. It is essential to know that Hot Cross is a multi-chain infra & web3 playground created for both blockchain teams and communities.

BitTorrent also announced that wallet accounts on its network exceeded 360,000,000.

BitTorrent Technical Analysis 

BitTorrent Price Prediction 2022-2031: Is BTT a Good Investment? 10

BTT has lost significant value, given the established classic pattern. There is now a bit of buying volume added to it and with an upward correction. According to our technical indicators, the current sentiment is Bearish, while the Fear & Greed Index shows 22 (Extreme Fear). BitTorrent recorded 15/30 (50%) green days with 4.33% price volatility over the last 30 days. Based on our BitTorrent forecast, it’s now a bad time to buy BitTorrent. BTT’s technical indicators directly point to the sell zone.

BitTorrent Price Prediction by Cryptopolitan

BitTorrent Price Prediction 2022-2031: Is BTT a Good Investment? 11
YearMinimum PriceAverage PriceMaximum Price
2022$0.00000204$0.00000212$0.00000223
2023$0.00000300$0.00000311$0.00000352
2024$0.00000423$0.00000438$0.00000521
2025$0.00000603$0.00000625$0.00000724
2026$0.00000891$0.00000916$0.00001048
2027$0.00001269$0.00001306$0.00001559
2028$0.00001888$0.00001953$0.00002173
2029$0.00002554$0.00002652$0.00003209
2030$0.00003537$0.00003670$0.00004505
2031$0.00004995$0.00005179$0.00006241

BitTorrent Price Prediction 2022

Our BitTorrent price prediction 2022 is a maximum price of $0.00000223 with a minimum price of $0.00000204. The average token price is predicted to be $0.00000212 by the end of 2022. 

BitTorrent Price Prediction 2023

Our BitTorrent price prediction 2023 could be a maximum price of $0.00000352. With more latest developments and partnerships flowing into BitTorrent, the BTT coin has a solid chance to increase. The minimum price is $0.00000300, and the average trading price of the coin is predicted to be $0.00000311.

BitTorrent Price Prediction 2024 

Our BitTorrent price prediction 2024 is a maximum price of $0.00000521. One of the main objectives of BitTorrent is to act as the bridge for easier transactions involving available computing resources between the users of the BitTorrent protocol and service providers and requesters. BitTorrent’s minimum price is predicted to be $0.00000423.

BitTorrent Price Prediction 2025

Our BitTorrent price prediction 2025 is a maximum price of $0.00000724. The influx of manageability features with other powerful ad campaigns can boost BitTorrent. The lowest price the coin is expected to have is $0.00000603 and the average trading price of the coin is $0.00000625.

BitTorrent Price Prediction 2026

Our BitTorrent price prediction 2026 is a maximum of $ $0.0000104 due to the continuous growth of the BitTorrent file system and ecosystem. The minimum price the coin will have by the end of 2026 will be $0.00000891, while its average trading price is expected to be $0.00000916. 

BitTorrent Price Prediction 2027

Our BitTorrent price prediction 2027 is a maximum price of $0.00001559, with a minimum price of $0.00001269. We also expect that the average trading price of the coin by that time is expected to be $0.00001306.

BitTorrent Price Prediction 2028

Our BitTorrent price prediction 2028 is a maximum price of $0.00002173. The minimum price of the coin by 2028 is expected to be $0.00001888. The average trading price of the coin is forecasted to be $0.00001953.

BitTorrent Price Prediction 2029

Our BitTorrent price prediction 2029 is a maximum price of $0.00003209 with an average trading price of $0.00002652. The coin is expected to have the lowest price at $ $0.00002554.

BitTorrent Price Prediction 2030

Our BitTorrent price prediction 2030 is that BTT could skyrocket, and its highest price could reach $0.00004505. The year 2030 could bring a considerable hike in the price for the crypto industry in general. The lowest price of the coin is $0.00003537. The average trading price of the coin is expected to be $0.00003670.

BitTorrent Price Prediction 2031

Our BitTorrent price prediction 2031 is a maximum trading price of $0.00006241, with an average trading price of $0.00005179. The minimum price of the coin is expected to be $0.00004995. 

BitTorrent Price Prediction by Wallet Investor 

Wallet Investor predicts that BTT is a bad long-term investment. However, they predict that the coin will decrease in one year. According to Wallet Investor, BTT is expected to be $0.000000042 in one year. In 5-years, they also predict that the coin will devalue by 98.92%, making it a bad choice if you think of investing in it.

BitTorrent Price Prediction by Trading Beasts 

Trading Beasts sees BTT as a good investment. Although Trading Beasts predict that the coin will devalue by the end of 2022 – they expect the coin to have a maximum price of $0.0000012 with a minimum price of $0.0000008 by 2022.

Furthermore, BTT is also expected to have a maximum price of $0.0000015 and an average price of $0.0000012 in 2023. Its minimum price by that time would be $0.0000010.

In 2024, Trading Beasts expects BTT to have a maximum price of $0.0000021, a minimum price of $0.0000015, and an average price of $0.0000017. 

In 2025, BTT is also predicted to have a minimum price of $0.0000018 with a maximum price of $0.0000026. In addition, Trading Beasts expect BTT to have an average price of $ 0.0000021. 

BitTorrent Price Prediction by Digital Coin Price 

DigitalCoinPrice BitTorrent BTT price prediction is bullish.  Their BTT price forecast predicts that the BTT coin will have a minimum price of $0.000746 and a maximum price of $0.00106 in 2022. The average price the coin will have by that time is $0.000939.

In 2027, BTT is expected to experience a higher surge in price. The coin is predicted to have a maximum price of $0.00233 with a minimum price of $0.00166. In addition, BTT’s average price will be $0.00197.

In 2030, Digital Coin Price is predicted that BTT will be $0.00412 maximum. Again, its minimum price is also expected to be $0.00383, and the average price is $0.00396.

By 2031, Digital Coin Price predicts that BTT will have a maximum price of $0.00462, while its minimum price is expected to be $0.00427. Again, its average price is expected to be $0.00447

BitTorrent Price Prediction by Industry Experts

Industry expert @Daily Crypto revealed that BitTorrent might record a short-term price rally. According to them, BTT’s price may reach a new all-time high of $2 by the end of 2025, and they advise that this is the best time to invest in BTT to get a significant value from your portfolio in the long term.

https://www.youtube.com/watch?v=VRTv9j4zYWU

Conclusions 

BitTorrent is one of the most popular crypto projects among blockchain enthusiasts. Again, BitTorrent is one of the largest torrent trackers that provides information exchange, data storage, etc. According to our BTT price prediction, we expect the coin to grow in the future. It is essential to know that the general market volatility remains a crucial factor in influencing this token’s price in the future. Hence, it is advisable to trade/invest in caution. Only add money that you can afford to lose. 

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

FAQs

Is BitTorrent (BTT) a good investment?

Yes, it is an excellent investment, according to BitTorrent token price predictions. BitTorrent is expected to grow in popularity, making it a solid investment. The forecast remains true only if BTT continues to present a positive situation, making BTT a worthwhile investment.

Where can I buy BTT?

BTT is a well-known cryptocurrency that is traded on a few major platforms. Compliant cryptocurrency exchanges like FTX, Binance, KuCoin, Bitmax, Bithumb, Huobi, Poloniex, and others sell BTT.

Can I make money with BTT?

Yes, absolutely. Because the currency's performance is expected to be fairly bullish, at least for a few years. BitTorrent's movement may be meticulously followed via technical analysis. For trading in BTT, investors are urged to perform their own calculations based on market projections and to seek investment advice. TRON Network's BTT is one of the better cryptocurrency projects with modest liquidity.

Where to trade BTT?

BitTorrent can be traded on different crypto exchanges like DigiFinex, OKEx, VCC crypto Exchange, Binance crypto exchange, and many other popular crypto exchanges. In addition, you can buy BTT coins on these platforms with local currencies, such as the Indian rupee.

How high can BTT go?

Favorable market conditions will push BTT to a high price of $0.00006241.

What is the difference between BTTOLD and BTT?

The current BTT token will become BTTOLD and the new token will become BTT. 1 BTTOLD equals 1000 BTT. This does not change the market cap of BTT or the value of your holdings. Users can only swap BTTOLD to BTT, and swapping the new version to the old version is not possible.

Will BTT reach $1 in five years?

We don't expect BTT to reach $1 in five years. Our forecasted average price for BTT in five years is $0.00001306.

Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

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