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When Tron (TRX) Foundation acquired BitTorrent (BTT), it wasn’t taken with much enthusiasm. This is perhaps because of the network’s reputation to collaborate with other platforms. However, the trend swayed to the coin’s favor, as BitTorrent launched its pioneer crypto coin – the BitTorrent Token (BTT).
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Excerpts of the Token Launch and the Correlation to Tron (TRX)
In what might be regarded as the biggest crypto sales, the BTT token was sold off within 16 minutes. Despite some hitches that halted the process, it still pulled through. Few weeks after the launch, the token was already paired alongside viable coins on different exchanges.
The tentacles were spread across different crypto exchanges but Binance exchange seems to be having the upper hand. Apart from the crucial role it played in the airdrop, the exchange has paired the BTT token for further trades on the platform.
The correlation between this development and Tron (TRX) token is that the latter is the pioneer platform. Hence, it stands a chance to benefit from the increment in the value of the BitTorrent (BTT) token.
Tron (TRX) Is Gaining More Adoptions
Apart from the prospects that await it on BitTorrent, the Tron (TRX) token is favored by investors. It is worthy of note that the recent inputs in DApps development have drawn more users to the network. Furthermore, the focus is shifting from Ethereum (ETH) and turning to the direction of Tron (TRX).
Increase in Price – What does the Future hold for BitTorrent (BTT)?
Before the acquisition by the Tron Foundation, BitTorrent functioned as a peer-to-peer file sharing platform. However, Tron (TRX)’s aim of buying over the platform was to extend its quest into decentralize the internet.
With the successful launch of the BTT token, the door is now open for Tron (TRX) to explore other mediums for the delegation of its decentralized ecosystem. BitTorrent’s token (BTT) is already listed in some major exchanges (such as Binance) and is trading at a favorable rate. The future has a lot to offer. With a viable network such as Tron (TRX) by the side, BitTorrent (BTT) will certainly make its mark in the crypto-sphere.
Tron (TRX) – BitTorrent (BTT): 2019 is the Year of Boom
Analysts have predicted; investors are hopeful, and coins are showing signs of growth. The year 2019 looks for many crypto coins. Doubt, Tron (TRX) and BitTorrent tokens (BTT) look good to profit when the bull returns, especially due to the strings they are pulling before the bull comes around.
The future holds happening, but there a huge sign Tron (TRX) and BitTorrent would rally for a boom in the soon to come time.
A penny for your thought.