The recent halving event of the BitTorrent Token (BTTC) aims to reduce the token's supply rate and potentially increase its value
Here are some possible outcomes of the halving event on the price of BTTC:
👉 Increased scarcity: Reduced supply can lead to increased scarcity, which may drive up demand and prices if demand remains constant or grows.
👉 Market anticipation: Speculation and buying activity may increase leading up to the halving event, driving up prices in the short term.
👉 Network effects: If the halving event is accompanied by increased adoption and utility of the BitTorrent network, the token's intrinsic value may increase.
👉 Post halving correction: After an initial price surge, there may be a correction where the price stabilizes or drops as the actual impact of the halving on supply takes time to materialize.