BitTorrent (BTT) token is the utility token powered by the popular torrent download site BitTorrent.
In this article, we will go through the details of the token and analyze the price prediction and other data that are available of the same.
What is BitTorrent?
BitTorrent is a Torrent enabler website that allows its users to add, patch, Upload, and download torrent files in a fast and efficient manner
Programmer Bram Cohen launched BitTorrent in July of 2001.
The service is currently being maintained by Cohen’s own company BitTorrent, Inc.
BitTorrent, before its 6.0 version was written in Python and was offered as a free software.
In the next section, we will look at what a BitTorrent Token is and what its functionalities are in relation to the BitTorrent ecosystem
What is BitTorrent (BTT) token?
The Bitcoin(BTT) token is the native token offered by the torrent service provider BitTorrent.
BitTorrent (BTT) token was launched to the public in 2019 through an Initial Coin Offering (ICO).
The following table shows an overview of the BitTorrent (BTT) token and its related details
| Name of the token | BitTorrent |
| Token Marker | (BTT) |
| Current Price | $0.0000008784 |
| Price Change | +0.51% |
| Market Cap | $850,589,654 |
| Volume(24h) | $25,638,060 |
The BitcoinTorrent (BTT) token in addition to being a utility token for the website BitTorrent has a few more application-based functionalities such as follows:
- The BitcoinTorrent (BTT) token can be offered to the sending party to get better bandwidth and storage for remote backup.
The BitTorrent (BTT) token offers yet other incentives to its holders such as the ones mentioned below.
- When the user downloads or upgrades to the latest version of UTorrent Classic in Windows, or BitTorrent or uTorrent web, they will be automatically given a digital cryptocurrency wallet and a BitTorrent (BTT) token balance.
This token, when downloading torrents, automatically bids these tokens to other users to leverage for faster download speeds.
The following section gives details regarding where and how BitTorrent (BTT) tokens can be traded.
Where to buy BitTorrent (BTT) tokens?
BitTorrent tokens (BTT) can be bought through trusted and popular cryptocurrency exchanges like Kraken, BuyUcoin, Binance, BITCOIVA, AscendEX, etc.
The BitTorrents once bought can be transferred to the personal cryptocurrency wallets or can be kept in the exchange’s account as offered by the exchanges.
Now let us look at some of the simple steps involved in buying BitTorrent (BTT) tokens in the next section.
How to buy BitTorrent (BTT) tokens?
The steps to buying BitTorrent (BTT) are as simple and as straightforward as they can get.
Most of the popular Cryptocurrency exchanges only require you to do these three steps in the process of buying the coin.
Step 1: Open an account in the respective Cryptocurrency exchange
Step 2: Connect your account with a payment method that is preferred by you
Step 3: Complete your BitTorrent purchase
After settling the transaction the user can simply transfer the coin to their respective personal crypto wallet or hold it in their cryptocurrency exchange’s account.
Below is the market overview and predictions of the BitTorrent (BTT) token
BitTorrent (BTT) Price Prediction 2024 – 2030
The price prediction for BitTorrent (BTT) tokens from the year 2024-2030 are as follows:
| Year | Minimum price | Average price | Maximum price |
| 2024 | $0.0000002042 | $0.000001021 | $0.0000012252 |
| 2025 | $0.000000494164 | $0.0000011231 | $0.000001617264 |
| 2026 | $0.00000056177462 | $0.000001370182 | $0.000001617264 |
| 2027 | $0.000000148596237 | $0.00000165106931 | $0.000001799665547 |
| 2028 | $0.000000552117577 | $0.000001725367429 | $0.000002277485006 |
| 2029 | $0.000000180128359 | $0.000002001426217 | $0.000002181554577 |
| 2030 | $0.000000083659615 | $0.000002091490397 | $0.000002175150013 |
The price of the token could be seen to increase over the year 2025 due to more efforts coming from the developers and the community to attract investors to the coin, while at the same time, the increase in the volume that is being deposited in the market could be negatively impactful to the trading price of the coin.
The later years of the prediction are largely based on the ability of the network to meet up with the standards of expectations as set forward by the BitTorrent users.
The short-term price prediction of the coin is as of now undeterminable to continue but it is the analysis from market forces that the increase in the value of the token by the end of 2024 seems to be an achievable goal with the right measures taken.
Concluding Remarks
The change in the price of the coin seems to be largely linked to the efforts of its development team and its ability to meet the conditions made for the application.
In such a case the current overall bearish trend of the coin could be easily resolved and the single push is predicted to have the capacity to be the catalyst for the future growth of the coin.
