🪙 What’s going on with BitTorrent (BTTC), explained in an easy way?
What is this coin?
It’s the crypto from the famous BitTorrent platform (the one for downloading files). It’s used to pay for storage on the internet and to move data quickly.
Why did it rise so much and then slow down?
A few days ago it made a very strong price “jump” (it rose from $0.00000028 to $0.00000044) because lots of people rushed to buy it. As is normal when something goes up quickly, several decided to sell to cash in their profits, and that’s why the price dropped a bit and now it’s “resting” around $0.00000037.