The cost of a BitTorrent token (BTT) is four times the price tag of a token sale. The ICO Drops service reported that the coin began to actively grow almost immediately after the presentation. Which is why investors paid attention to it. At the same time, analysts do not recommend hoping to maintain the trend over the next week.
BitTorrent developers have said that their investors can already take profits from investments in the token. While the project is at the development stage, in view of which the withdrawal of funds from it is limited. In addition, the cost of BitTorrent may change as early as next week. This will affect the auction results.
Daily trading volume with BitTorrent was about $ 128 million. Currently, it is available on two major exchanges UPbit and Binance, but in the future the network plans to expand and begin cooperation with other platforms.
The success of Bittorrent is considered by analysts to be a strange coincidence against the background of the gloomy ICO statistics for the past six months. According to experts, the rise of the coin, which was launched recently, could be triggered by active advertising and attracting investors. During the first 15 minutes of work, the project was able to earn more than $ 7 million. Analysts can not yet predict its further development.
