All crypto users have had a fairly profitable period from mid-2020 to the first month of 2021. The cryptocurrency has overcome many obstacles and has continued to rise despite all the adversities. Like other cryptos, BitTorrent has had a good year behind it. It has grown over 2000% since the beginning of the year. In this article we are going to share our own and market related prediction of the cryptocurrency. But before we dive into that, let’s take a quick look at BitTorrent and its background.
BitTorrent was founded in 2001 as file sharing software over a peer-to-peer network. File sharing including downloading music, movies, and games using torrents is the main function of the software. The best part is that there is no file capacity limit.
In 2019, the Tron Foundation acquired BitTorrent and set up a BitTorrent token cryptocurrency (BTT) to incentivize network users and expand their protocol. File providers get BTT for sharing the file on the system, while users issue BTT to request files or increase download speed.
BitTorrent currently has around 100 million users with over 2 billion installs. There is a limit of 990 billion tokens. BitTorrent is the largest peer-to-peer software on the blockchain.
Bit torrent predictions by media
While BitTorrent got off to a slow start, it has picked up quite well, especially with Tron’s entry. All forecasts show a possible price increase. In fact, an ICO on Binance sold out in just 15 minutes earlier this year. On April 6, it hit an all-time high of $ 0.010589. It is currently hovering around $ 0.00589677.
TradingBeasts Bittorrent Price Prediction 2021
TradingBeasts combines polynomial and linear regressions with historical data to provide cryptocurrency predictions. The platform predicts that the price of bittorrent will hit $ 0.0044446 by early June 2021 and $ 0.004830 by the end of the year. The maximum price for cryptocurrency is forecast at $ 0.0060376 while the minimum price is estimated at $ 0.0037779.
By December 2021, the website predicts that the average price of the cryptocurrency will reach $ 0.0048301, between a maximum price of $ 0.0060376 and a minimum price of $ 0.0041056. One year from now, the cryptocurrency is expected to trade at an average price of $ 0.0053071, while the high is expected to hit $ 0.0066339 and $ 0.0045110 on the lower side.
By December 2024, the site expects the cryptocurrency to trade at an average price of $ 0.0097058 on the higher side or drop to a minimum price of $ 0.0066000. The price is forecast at an average of $ 0.0077647.
WalletInvestor Bittorrent Predictions
WalletInvestor calls BitTorrent a “great” investment. The website predicts that the price of bittorrent will increase + 1016.95% over the next five years. The cryptocurrency is expected to start at an average price of $ 0.00340 in June and climb to $ 0.00426 on June 30, 2021 during the month.
In the following months, the price is expected to rise steadily, eventually reaching $ 0.006 in October 2021. The wallet investor system predicts the price will close the year at an average price of $ 0.00748.
One year from now, the cryptocurrency is expected to trade at an average price of $ 0.0121. In five years, the price of the cryptocurrency is expected to hit an average of $ 0.04. To be precise, the wallet investor’s forecasts predict that the average price of BitTorrent will hit an average price of $ 0.0477, while the minimum price trades between a minimum of $ 0.0340 and a maximum of $ 0.0615.
Bittorrent price prediction from CryptoPredictions
CryptoPredictions predicts that Bittorrent will hit a new ATH of $ 0.031 in the second quarter of 2021. The site continues with more positive projections for the third quarter of 2021, where the coin should open at $ 0.012 and hit a new ATH of $ 1, according to location. In 2022 and 2023, the site expects Bittorent to trade in the $ 0.39 to $ 0.50 price range.
Bittorrent price prediction for the price of digital coins
DigitalCoinPrice.com is currently trading at $ 0.00413442 and expects the price of the Bittorrent cryptocurrency to grow steadily. According to the platform, the maximum value the cryptocurrency can reach is $ 0.02016851 and the minimum value is $ 0.01657721 on the lowest side.
In general, the platform’s predictions show that the price will rise in the future, making cryptocurrency a profitable investment. According to their data, the price may double in the next two years and trade at $ 0.00916661. In five years the price is expected to reach $ 0.01455464.
Digital coins predict that bittorrent will trade at $ 0.01173 through May 2025. Bittorrent price is expected to hit $ 0.017401 by the end of 2028, based on projections for digital coins. Based on the prediction, Digital Coin generally believes that cryptocurrency is an excellent investment.
In October and November 2021, the price is expected to trade at $ 0.02. By May 2022, the portion of the cryptocurrency is expected to reach $ 0.05 and pass the $ 0.1 mark in January 2025. According to the prediction, BitTorrent is expected to close the year at $ 0.02 and hit $ 0.08 in December 2022. In addition, the cryptocurrency is expected to trade at USD 0.36 by December 2030, reach USD 0.43 in July 2030 and close the year at USD 0.45 (December 2030).
BitTorrent has grown significantly. It is among the top cryptocurrencies with a massive return on investment. In fact, it is becoming one of the leading cryptocurrencies, surpassing the all-time high price set in December 2017. The price is expected to multiply from the current USD 0.00414 up to 0.06 in the future. If you are a cryptocurrency investor, consider a strong interest in bittorrent. According to the predictions, it has enormous potential to significantly multiply your wealth.