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BTT Nearly Hits 80% Increase After Mainnet Launch Announcement

BTT is a mid-cap altcoin on the Tron (TRX) network, currently surging after it’s coming mainnet launch announcement.

Furthermore, BitTorrent – BTT is a file-sharing protocol token on the Tron blockchain. Also, it permits users to file peer-to-peer via paying for access to faster download speeds. Then, more bandwidth and storage resources.

Currently, BTT price is spiking since the BitTorrent Inc. tweets on the official launch date of BitTorrentChain (BTTC). Noting, that The BTTC mainnet will become active on December 12.

“📅#BTTC Mainnet and #BTT Redenomination Plan will be launched on Dec 12, 2021!”

“📌While maintaining current market cap, old BTT tokens will be redenominated and” “swapped with the new at a ratio of 1:1000. The total supply will be increased to 990,000,000,000,000.” — BitTorrent Inc. (@BitTorrent) December 6, 2021

More so, The BitTorrentChain launch during its first November announcement outlines the chain’s capabilities. So, the project targets to become the first heterogeneous cross-chain interoperability protocol on TRON. As, BTTC will also be compatible with the Ethereum Virtual Machine (EVM)

“Furthermore, BTTC will support and be compatible with TRON, Ethereum,..”
“and Binance Smart Chain (BSC) upon its release, allowing users to transfer mainstream…”
“assets among TRON, Ethereum, and BSC in a decentralized manner without any restrictions.”

Notably, immediately after the news, BTT spikes to approximately 78% from a low of $0.0023 to a local high of $0.0041.

Lastly, BTT is trading at $0.0039.

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