Tron’s BitTorrent Shares Details of Fifth Airdrop as Weekly TRX Report Touches on Key Developments

The BitTorrent token by Tron has climbed the ranking ladder of the CoinMarketCap. We should expect to see the fifth airdrop by the foundation; this should be by June 11th.

The holders of the token will be able to receive a part of the 990,000. On February 11th the platform organized its very first airdrop, at this time the Tron block height was at about 6.6 million.

During this period, about 1.1% of their total supply was airdropped, this is about 10.890 billion BTT, and from this, the company announced there should be another 12 more airdrops to expect.

‘’Are you ready for our 5th #airdrop? On June 11th at 00:00 UTC we will reward TRON $TRX holders with 990,000,000 $BTT. Learn more about our airdrop program, and the exchanges & wallets supporting it!”

The ecosystem is welcoming the new developments to help increase adoption of the token

The BTT ecosystem is excited about the latest developments that are taking place as it will increase the adoption of the token. The company has ensured they have made the token available on BitTorrent and uTorrent for their users.

BitTorrent Speed is another application that will be able to see the launch being done very soon. As a user, you will be able to gain the BTT in exchange for bandwidth and seeding, this will go a long way in enjoying faster downloads.

However, the application was lacking adequate clarification on how users will be able to earn more BTT; thus, it did not impress the users with the promised speeds.

As a result, the BTT fell by about 7.68%, which got valued at $0.011, having a market cap of about $250 million. It was noted the 24-hour trading was about $55.111 million, as this had fallen by 25.59% in just the past week and this continued dropping by 0.49% at press time.

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