BitTorrent (BTT) launches with its BTT token and sets a clear multiplication of the ICO price at the start of trading on Binance. BitTorrent (BTT) more than quadrupled during trading, delivering impressive performance in markets like these. This is also to be seen as a success for Binance, who brought back their Launchpad with the Bittorent Token.
Shortly after the ICO it became known that Binance will promptly list BTT. The excitement and expectations were high after the token sale was completed in just 15 minutes. Shortly after listing (around 11 o’clock), the normal ICO cycle seemed to settle. A high rise followed by a big crash. But BTT recovered quickly from its first sell-off, settling at a four-fold increase in USD against the ICO price. A remarkable performance in a market like this.
BitTorrent (BTT) a complete success for Tron and Binance?
This strong performance is mainly due to the intensive marketing campaign of Tron and Binance. Both had a great interest in making this ICO a success. They have been able to create the hype and the FOMO (Fear of Missing Out), which already 2017/2018 brought many investors high profits. Certainly, the announcement for another BTT listing, namely UpBit, helped one of Korea’s biggest exchanges. The trade has already started.
image by Shutterstock
TheBitcoinNews.com – Bitcoin News source since June 2011 –
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise
For the latest cryptocurrency news, join our Telegram!
