Price Predictions

BitTorrent (BTTC) Price Prediction Weekly (JUNE 2022): Bears Could Drag the Price By 15% By the Weekend

BTTC price

Key Takeaways: 

  • The BitTorrent (BTTC) price closed the previous day’s trade at INR 0.00007255 with a market capitalization of INR 70.19 billion and a circulating supply of 932,028.89 billion BTTC
  • The asset appears to be within the captivity of the bears and hence a steep descending trend may be inevitable ahead
  • The BTTC price is expected to drop another 10% to 12% and test the levels below INR 0.000058 very soon

BitTorrent Price Analysis:  Will BTTC Price Hit INR 0.00006 This Week of June?

The BTTC price consolidated at healthy levels between INR 0.00009 and INR 0.000078 for almost a month. The recent market slash dragged the price lower by nearly 17% in the past weekend, dragging the price below INR 0.000065. The bears have completely capitulated the market and hence the descending trend could continue ahead. 

The current market conditions are extremely shaky and highly volatile, and due to the selling pressure mounted, the BTTC price is expected to head towards the south throughout the weekend. The price is struggling hard to hold the levels above INR 0.000065, but eventually, the bears may drag the price below INR 0.000006 until the end of the weekly trade.

Check the latest prices, charts, and data of BTTC/USDT

BitTorrent Price Prediction: BTTC Price Trend Comparison with TRX (Last 30 Days)

Source: Tradingview

  • BTTC & TRX, both are among the popular crypto asset on Tron Blockchain, TRX being the native token of the chain
  • Tron (TRX) price maintained a significant upswing since the beginning of May while BTTC price experienced a major slump
  • After the May crash, BTTC price slumps hard and continues to consolidate within the same regions until the fresh crash dragged both the tokens lower
  • Currently, BTTC price is trading at -31.49% after hitting the lows at -32.95% from the levels around -23%
  • On the hand, the TRX slashed from 10% and testing the lows at -13.95%, with a slight recovery from -16.10%

Additional Read: BTTC Deep Dive

Top Gainers & Losers of the Week

Top Gainers

Crypto Price* 7-Day Percentage Change
Spell Token (SPELL) INR 0.08 -20.7%
USD Coin (USDC) INR 82.84 +0.1%
Binance USD(BUSD) INR 82.84 +0.2%
Tether (USDT) INR 82.72 +0.3%

Top Losers

Crypto Price* 7-Day Percentage Change
Flamingo Finance (FLM) INR 10.26 +32.1%
Curve DAO Token(CRV) INR 57.86 -41.9%
Fantom (FTM) INR 17.26 -40.3%
STEPN(GMT) INR 49.06 -36%

*Prices are of 13 June 2022 at 04 pm

What’s New on CoinDCX? New Coin Listings on CoinDCX App

Crypto Price*
Band Protocol (BAND) INR 108.73
Moonbeam (GLMR) INR 75.32
Livepeer (LPT) INR 705.59
Kava (KAVA) INR 139.26

*Prices are of 13 June 2022 at 01 pm

Download CoinDCX App, India’s safest and simplest crypto investment app. 


Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to [email protected].

The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.


 

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