In 2018, BitTorrent, the largest peer-to-peer file sharing network in the world, was acquired by the TRON blockchain platform. The new owners took to integrating BitTorrent technologies into cryptocurrency technologies, which resulted in the creation of the BTT token (TRC-10). In 2022, the full functionality of the platform was upgraded with transfer of BitTorrent to TRC-20.
Along with the transition to the new standard, the number of tokens was increased by 1,000 times. The developers said it was done to remove the shortage of coins in the network due to the increase of the number of users. Accordingly, the nominal value of each coin was reduced by 1,000 times. In this review, Traders Union analysts analyze the key factors impacting the BTT price, evaluate the coin’s prospects and make a price prediction.
The BitTorrent (BTT) cryptocurrency is the world’s largest torrent platform owned by TRON. BitTorrent was created in 2001 as a communication protocol for peer-to-peer file sharing via the internet: movies, games, software, etc. In 2018, TRON launched BitTorrent’s integration into the cryptocurrency world. The purpose of the BTT token is to encourage users to stay in the network as long as possible, through incentives, to preserve high data transmission speed, buy subscriptions, licenses for content, etc.
In 2021, the token price grew more than 20 times. However, the price growth was followed by a long-term downward trend. Blockchain upgrade in early 2022 did not contribute to attracting investors or users. Nevertheless, analysts believe that the token retains potential.
Key factors impacting the BTT price are as follows:
Competition. BitTorrent is one of many projects in the area of P2P networks and decentralized data storages. Competition from other projects may impact BTT and its price.
Participation in staking and decentralized apps. The better the staking conditions and the more apps use BTT, the higher the demand for the token will be.
Risk factors. These include regulatory risks, technical issues, network security and other factors.
Interest of users towards the network’s capabilities and benefits of using the cryptocurrency inside the platform could become the key factor influencing the token price. Partnerships of BitTorrent with other ecosystems may contribute to that. For the time being, the key factors of influence include market volatility and reaction of investors to general fundamental news that push them to withdraw money from the cryptocurrency market or, conversely, build a diversified portfolio.
In 2019, prior to the split of the network, the coin was ranked among the Top 30 in terms of capitalization, and on the 2021 growth wave, its price rose to $0.01. The subsequent rollback caused the price to fall by more than 10 times. After the upgrade of the network, the price continued on the downward trend. Analysts believe that the token may be of interest to those who earn their money on intraday price fluctuations. In the long term, the token price can rise only if the entire market resumes its growth.
| Year | Price in the middle of the year | Price at the end of the year |
|---|---|---|
| 2024 | $0.000000849 | $0.000000928 |
| 2025 | $0.00000102 | $0.000001110 |
| 2026 | $0.000001214 | $0.00000133 |
| 2027 | $0.000001451 | $0.000001586 |
| 2028 | $0.000001735 | $0.000001897 |
| 2029 | $0.000002074 | $0.00000227 |
| 2030 | $0.000002480 | $0.000002712 |
| 2031 | $0.00000296 | $0.00000324 |
| 2032 | $0.00000354 | $0.000003876 |
| 2033 | $0.000004238 | $0.000004635 |
| 2034 | $0.000005068 | $0.000005541 |
| 2035 | $0.000006059 | $0.00000663 |
Traders Union analysts made BTT price predictions for the next several years based on the instruments of technical analysis and the Elliott Wave Theory.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2025 | $0.00000085 | $0.000000942 | $0.000001036 |
| February 2025 | $0.000000861 | $0.000000956 | $0.000001052 |
| March 2025 | $0.000000873 | $0.000000971 | $0.000001068 |
| April 2025 | $0.000000887 | $0.000000985 | $0.000001084 |
| May 2025 | $0.0000009 | $0.000001 | $0.000001 |
| June 2025 | $0.000000914 | $0.00000102 | $0.000001117 |
| July 2025 | $0.000000927 | $0.000001030 | $0.000001133 |
| August 2025 | $0.000000941 | $0.000001046 | $0.000001150 |
| September 2025 | $0.000000955 | $0.000001061 | $0.000001168 |
| October 2025 | $0.000000970 | $0.000001077 | $0.00000119 |
| November 2025 | $0.000000984 | $0.000001093 | $0.000001203 |
| December 2025 | $0.000000999 | $0.000001110 | $0.000001221 |
At the time of the BTT’s transition to the TRC-20 standard, and with the increase of the number of tokens in circulation by 1,000 times, the token price was around $0.0000028 Theoretically, the price of $0.00001 is possible; the examples of previous growth waves show that the 10x growth is quite realistic. This, however, is possible, only if the entire market sees a new wave of upward movement.
This is rather unlikely. The example of previous growth waves shows that the coin price can grow by 10-20 times. However, a 100x growth is highly improbable. The only factor that could bring the BTT price to 0.1 cent is another upgrade of the platform with the reduction of the number of tokens in circulation.
BitTorrent appeared much earlier than cryptocurrencies. Therefore, the desire of the platform owners to join the crypto community is quite logical. However, the integration into the blockchain was not very successful. Weak marketing policy did not help bring new users, as they simply did not see the benefits of the token. After BitTorrent was acquired by Tron in 2018, the token was relaunched. Initially, BTT ran on the TRC-10 blockchain, while the new token switched to TRC-20, which made it more functional. The result was as follows:
The old token was named BTTOld. It was fully removed from the listing of all exchanges, but continues to exist in parallel to the new network.
The new BTT token was denominated. Its supply increased from 990 billion to 990 trillion. Since the launch in early 2022, its price moved to a downward trend, although the coin is still ranked in the Top 100.
At the moment, the coin is interesting mostly to speculative capital, as TRON does not seem to hurry to actively develop BitTorrent. Traders can earn some profit on monthly price fluctuations on local news. However, due to the local nominal price, the token is very sensitive to pumps.
Summary. The token’s prospects remain positive. The coin shows relatively high volatility on short time frames, making the coin interesting for day and medium-term strategies. For long-term strategies, the token is suitable for risk diversification only in case the growth of the entire market is expected.
BitTorrent (BTT) is a good instrument for short-term investing due to its low nominal value, relatively high volatility on short-term time frames, and support of the TRON platform owners. For long-term investing, the coin can be suitable for portfolio diversification only if the entire market grows.
Remember that cryptocurrencies are assets with a high risk and large share of speculative capital. Therefore, study the current market situation and evaluate factors that impact the price before investing in the coin. If you are ready to buy BTT, it is best to use the following cryptocurrency exchanges: ByBit, Coinbase or Binance.
The following tools and instruments were used for making the prediction:
Basic instruments of technical analysis. The forecast relies on basic technical indicators. The analysis was performed mostly on medium and long-term time frames for more accurate results.
Statistical tools that allow experts to evaluate the probability of an event that may influence the prices of cryptocurrencies.
Individual features of a cryptocurrency startup and its competitiveness: number of tokens in free circulation, restriction of emission, potential usefulness of the startup for the society, roadmap and development plans of the startup, potential vulnerability of the startup’s blockchain, examples of hacks, failures in the entire history of cryptocurrency existence, capitalization dynamics compared to key competitors, share of major coin holders and other subjective factors.
Note:
This price prediction is based on current information and historical data. Strong fundamental factors capable of radically changing the overall situation in the cryptocurrency markets, impacting the prices of certain cryptocurrencies and subsequently changing the price trend, may appear in the future. The price predictions are updated regularly based on the latest data.
This article is created for informational purposes only and does not constitute investment advice. Be aware of the high volatility of cryptocurrencies and consider these risks when making investment decisions.
It is highly unlikely. The coin’s all-time high is around $0.0000028. Therefore, such high growth seems impossible unless technical changes are made to the project’s concept, for example a new relaunch with considerable reduction of coins in circulation.
Analysts believe that the BTC price could reach $XXX in 2030. The price prediction is based on the analysis of long-term time frames and the Elliott Wave Theory.
Some analysts see the potential, but not big enough for the coin to return to the Top 30. During the flat in the market, the coin shows mostly a downward trend, but the BTT price could rise once the entire market regains its growth.
The coin has a low nominal value and is traded at major cryptocurrency exchanges. Therefore, you can invest a portion of money into it with the expectation of price growth in the long term, but not forgetting to diversify risks.
A broker is a legal entity or individual that performs as an intermediary when making trades in the financial markets. Private investors cannot trade without a broker, since only brokers can execute trades on the exchanges.
Cryptocurrency is a type of digital or virtual currency that relies on cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies operate on decentralized networks, typically based on blockchain technology.
Volatility refers to the degree of variation or fluctuation in the price or value of a financial asset, such as stocks, bonds, or cryptocurrencies, over a period of time. Higher volatility indicates that an asset's price is experiencing more significant and rapid price swings, while lower volatility suggests relatively stable and gradual price movements.
An investor is an individual, who invests money in an asset with the expectation that its value would appreciate in the future. The asset can be anything, including a bond, debenture, mutual fund, equity, gold, silver, exchange-traded funds (ETFs), and real-estate property.
Trading involves the act of buying and selling financial assets like stocks, currencies, or commodities with the intention of profiting from market price fluctuations. Traders employ various strategies, analysis techniques, and risk management practices to make informed decisions and optimize their chances of success in the financial markets.
Ivan is a financial expert and analyst specializing in Forex, crypto, and stock trading. He prefers conservative trading strategies with low and medium risks, as well as medium-term and long-term investments. He has been working with financial markets for 8 years. Ivan prepares text materials for novice traders. He specializes in reviews and assessment of brokers, analyzing their reliability, trading conditions, and features.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
