Real-Time BTT Price Analysis
The current live price of BitTorrent (BTT) is $0.000000613**, with a 24-hour trading volume of **$7,727,769. The price has decreased by 0.51% in the last 24 hours and increased by 4.83% over the past seven days. The market capitalization stands at $604,901,624, reflecting a circulating supply of 986,061,142,857,000 BTT tokens. BitTorrent currently ranks #87 on major crypto tracking platforms.
Today’s BTT price is 79.92% below its all-time high and remains 291.77% above its historical low. All data is updated in real time, offering traders and investors accurate insights into market movements.
BitTorrent’s integration with the TRON ecosystem has significantly boosted its utility and adoption. Active trading for BTT occurs primarily on leading exchanges such as Binance, KuCoin, and Kraken—platforms known for liquidity and security.
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What Is BitTorrent (BTT)?
BitTorrent (BTT) is the native cryptocurrency of the BitTorrent platform—an innovative decentralized protocol originally launched in 2001 as a peer-to-peer file-sharing network. After its acquisition by Justin Sun in 2018, BitTorrent became part of the TRON blockchain, evolving into a cross-chain interoperability solution powered by sidechains to enhance scalability and performance.
This transformation enabled BitTorrent to expand beyond simple file sharing into a full-fledged Web3 ecosystem. Today, it supports:
- A decentralized exchange (DEX) with fast transaction speeds and minimal fees;
- A foundation for building EVM-compatible dApps, allowing Ethereum-based projects to deploy seamlessly;
- A platform for NFT-based gaming applications, promoting user engagement through tokenized rewards.
By combining high throughput with low costs, BitTorrent Chain delivers a scalable infrastructure ideal for developers and users alike. Its consensus mechanism is based on Delegated Proof-of-Stake (DPoS), where 21 elected block producers generate new blocks every two seconds. This design enables the network to handle up to 7,000 transactions per second (TPS) with average fees around $0.01.
Additionally, BitTorrent supports one-click migration of smart contracts from networks like Ethereum and BNB Smart Chain, further enhancing its interoperability and developer appeal.
Core Use Cases of BTT Tokens
The BTT token plays a central role across the BitTorrent ecosystem:
- File Sharing Incentives: Users who store complete file copies and share them ("seeders") are rewarded with BTT tokens.
- dApp Access & Development: BTT is used to access decentralized applications built on BitTorrent Chain and to pay for development resources.
- Speed Optimization: Through tools like BitTorrent Speed, users can accelerate downloads while earning BTT rewards based on seeding duration.
- Decentralized Storage: The BitTorrent File System (BTFS) leverages BTT as a utility token for storing data in a secure, distributed manner.
These functionalities position BTT not just as a speculative asset but as a working token within an expanding digital economy.
The Founders Behind BitTorrent
The original BitTorrent protocol was created in 2001 by Bram Cohen, a visionary developer and entrepreneur. His breakthrough idea involved splitting large files into smaller pieces distributed across multiple users, enabling faster downloads even under poor connectivity conditions.
While Cohen laid the technological groundwork, the blockchain-powered evolution of BitTorrent came under the leadership of Justin Sun, a prominent figure in the crypto space and founder of the TRON blockchain. Sun's acquisition of BitTorrent in 2018 marked a pivotal shift—transforming it from a legacy P2P tool into a modern blockchain platform with integrated tokenomics and decentralized services.
BTT was officially launched in 2019 at a price below one cent. It remained relatively stable until 2021, when increased market interest drove its value toward $0.01—a significant milestone during a period of broader crypto expansion.
BTT Tokenomics Overview
The total supply of BTT is capped at 990 billion tokens, though there is no hard maximum supply defined, which influences long-term price dynamics differently than deflationary models.
Token distribution at launch was allocated as follows:
- 17% to public, private, and seed sales;
The remainder reserved for ecosystem development, including:
- Airdrops (scheduled through 2025);
- The BitTorrent Foundation;
- Core development team;
- TRON Foundation support;
- Ecosystem incentives and partnerships.
This strategic allocation supports ongoing growth and community engagement across the network.
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Frequently Asked Questions (FAQ)
What is the current price of BitTorrent (BTT)?
As of now, the live price of BitTorrent (BTT) is $0.000000613 USD.
What was the highest price BTT has ever reached?
BTT hit its all-time high of $0.00000305 on January 18, 2022.
What was the lowest price BTT has ever dropped to?
The historical low for BTT was $0.000000157, recorded on December 11, 2022.
How much has BTT’s price changed in the last 24 hours?
Over the past day, BTT’s price has declined by 0.51%, with a 24-hour trading volume of $7,727,769.
Is BitTorrent Chain EVM-compatible?
Yes, BitTorrent Chain is fully EVM-compatible, allowing developers to deploy Ethereum-based dApps with minimal modifications.
Where can I securely store my BTT tokens?
Hardware wallets like Ledger and Trezor offer top-tier security for storing BTT and other cryptocurrencies offline.
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Final Thoughts
BitTorrent has successfully transitioned from a pioneering file-sharing protocol into a robust blockchain ecosystem powered by the BTT token. With strong technical foundations, cross-chain capabilities, and real-world utility in areas like decentralized storage and dApp development, BitTorrent continues to carve out a unique niche in the evolving Web3 landscape.
Whether you're a developer looking to build scalable applications or an investor tracking emerging crypto projects, understanding BTT's market position, tokenomics, and ecosystem use cases provides valuable insight into its long-term potential.
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