BitTorrent (BTTC) Token Analysis
BitTorrent's current token supply is extremely large, with a Circulating Supply of 968.25 trillion BTTC and a Total Supply of 990 trillion BTTC. This massive supply limits the demand, and buyers’ interest is unlikely to increase unless the supply decreases significantly.
Rank: #74
Market Cap: $1.03 Billion
Fully Diluted Market Cap: $1.05 Billion
Market Dominance: 0.0352%
Issue Date: 2021-12-01
Issue Price: $0.00000012
All-Time High: $0.000003054 (2022-01-18)
All-Time Low: $0.0000003657 (2023-10-13)
To unlock BitTorrent's full potential, the team should consider burning at least 80% of the total supply. Reducing the supply could increase investor interest and positively impact BTTC's market value.
