BitTorrent's BTT token has experienced a significant increase in price, with a 16% jump in the past 24 hours and a nearly 14% gain over the last week. The token is trading at $0.00000091 and has a market cap of $889 million. The recent uptick in value can be attributed to Tron, the blockchain on which the BTT token is issued, generating ten times more fees than Bitcoin in August. Justin Sun, the founder of Tron, has said that this is just the beginning and has contributed to the current bullish sentiment surrounding BTT. The token is currently testing the upper Bollinger Band and has a bullish trend with potential for further growth. Traders should pay attention to the support level at $0.0000007456 and the resistance at $0.0000009866 for potential movements.
- Content Editor ( crypto.news )
- 2024-09-09
BTT surges over 16% amid Tron’s milestone