Is Tron’s Master BitTorrent Acquistion Plan Paying Off? A Look At BTT Token’s Growing Presence
Tron Releases Weekly Report Regarding BitTorrent Token And Its Expansion In The Market
Tron (TRX) has released its weekly report regarding the latest news about Tron and BitTorrent. Tron allows the community to know about the most recent achievements and what they are preparing for the future. The last weekly report was published in a blog post on February 25.
Tron Releases Weekly Report
The Tron Foundation explains that the BitTorrent Token (BTT) is now listed in 23 exchanges. There are several platforms such as Binance, Bithumb, OKEx that have already offered support to it. The BTT token has been created to improve the BitTorrent network. This digital asset was launched a few weeks ago on the Binance Launchpad.
These listings include several BTT trading pairs, something that provides liquidity to this recently released coin. Moreover, users from all around the world can enjoy a wide range of possibilities to trade this virtual currency.
The report reads as follows:
“Tron will disclose the lockup address now and disclose address to the unlocked tokens on a monthly basis for community supervision.”
Moreover, Bithumb is going to celebrate that it listed BTT tokens with an airdrop. Users will be receiving BTT tokens on March 6. Additionally, OKEx is going to be giving away BTT tokens to users that trade and deposit the asset. There will be 100 million tokens given away in two phases.
It is also worth mentioning that BitTorrent has partnered with Troncard in order to launch the BitTorrent card pre-loaded with TRX and BTT. Users will also be receiving BTT coins according to the number of TRX tokens they have in their card.
At the time of writing this article, Tron is being traded in the 9th position. It has a market capitalization of $1.62 billion and each TRX can be purchased for $0.0243. The BitTorrent Token can be bought for $0.000878 and it has a market capitalization of 869 million.