BitTorrent opinions
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So far,1 of opinions have been recorded for BitTorrent. These opinions are not investment recommendations but the community's perspective on BitTorrent. Please do not make a purchase decision based on these BitTorrent opinions.
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BitTorrent opinion #1
The BitTorrrnt Token (BTT) is based on the TRC-10 and is available as a reward when staking the TRON (TRX). Like the TRON base layer, this token was founded by Justin Sun.
With its low price and volatility, the BTT is more of a speculative object than a long-term investment.
In the longer term, further development depends on the TRON and the TRC-10 protocol. In addition, this coin polarises next to TRON with the actions of Justin Sun.
In order to continue to be interesting for the users, these rewards will flush another BTT 10% and thus 9.9 billion BTT onto the market in the next few years, in order to keep the BTT high in the interest of the users of Tron.
These factors make it rather uninteresting for me to invest in this coin or to buy it from Exchanges. Multiple pumps and dumps in the double-digit percentage range within 24 hours in the past are in my opinion rather unhealthy for this ecosystem.