Airdrop of BitTorrent Tokens for TRX Holders Until 2025

Airdrop of BitTorrent Tokens for TRX Holders Until 2025

Holders of TRON (TRX) will receive, and will continue to receive, free BitTorrent Token (BTT) up until February 2025 initially through Binance Launchpad

Last month, 23 bln BTT tokens sold out in 13 minutes, 25 seconds on the Binance Launchpad; raising $7.1 mln. Today, Tron Foundation is giving away the TRC-10 token to incentivize new and long-term investors.

BTT Airdrop Mechanics

Roughly 10.1%, or 990 mln, of BitTorrent Tokens are set aside for the six-year airdrop. Every year the number of tokens distributed through the monthly airdrop will increase, according to reports. When the Tron blockchain attains a height of 6.6 mln, the team will take a TRX balances snapshot and give away the first batch of BTT via Binance Launchpad. The exchange platform stated that starting next week, 0.11 BTT will be received for each TRX a holder holds.

Wallets and Exchanges for the Airdrop Event

Aside from Binance Launchpad, a variety of exchanges offered support for the event. Among those are Bithumb, Huobi, OKEx, Upbit, Bittrex, Bibox,, Coinsuper, Kucoin, and BitForex.

Wallets supporting the airdrop are the Tron Wallet and Trust Wallet.

As the time of writing, the market value of TRX is at $0.024560, down by 4.66%.


0.02349 USD


0.000746 USD

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Crypto Market Holding Crucial Supports: Bitcoin Cash, XLM, EOS, TRX Price Analysis

The total crypto market cap tumbled sharply, but it stayed above the main $156.0B support. Bitcoin cash price declined sharply, but recovered above $268 and $270. EOS price tested the $4.60 support level and it recently bounced back above $4.70. Stellar (XLM) price is under a lot of pressure and it recently broke the $0.1000 support area. Tron (TRX) traded close to the $0.0225 support level and it is currently correcting higher. The crypto market cap declined heavily, with strong bearish moves in bitcoin (BTC) and altcoins. Ethereum (ETH), BCH, stellar (XLM), ADA, EOS, ripple and tron (TRX) are recovering and facing key resistances. Bitcoin Cash Price Analysis Bitcoin cash price remained under a lot of pressure after it settled below the $295 support area against the US Dollar. The BCH/USD pair broke the $270 support level recently and traded close to the $260 support level. Recently, the price recovered and settled above $270. An initial resistance on the upside is at $275, above which the bulls could make an attempt to push the price above the $282 resistance. On the downside, the main supports are $265 and $260. Stellar (XLM), EOS and Tron (TRX) Price Analysis EOS price declined heavily after it broke the key $5.00 support level. The price even broke the $4.80 and $4.70 support levels. It traded close to the $4.60 support level and recently corrected above $4.70. On the upside, there are many resistances near $4.80 and $4.85 levels. Stellar price started a slow and steady decline below the $0.1050 support level. XLM price even broke the key $0.1020 and $0.1000 support levels. It tested the $0.0975 level and it is currently consolidating losses below $0.1000. On the downside, the main supports are $0.0975 and $0.0962. Tron price failed to recover above the $0.0250 resistance resumed its decline. TRX price broke the $0.0240 support level and traded close to the $0.0225 level. It is currently correcting higher, but it could face a strong selling interest near the $0.0242 and $0.0250 levels in the near term. Looking at the total cryptocurrency market cap hourly chart, there was a strong downward move below the $170.0B support level. The market cap declined more than $10 billion and tested the $156.0B support area. There was no downside break below $155.0B and the market cap recently recovered above $162.0B and $164.0B. However, there are many hurdles on the upside near the $167.5B and $168.0B levels. If there is a close above the $168.5B level, there could be a strong recovery in bitcoin, Ethereum, EOS, ripple, litecoin, bitcoin cash, XLM, TRX, WAN, WTC, ICX, and other altcoins in the coming sessions. If not, there could be a fresh drop to $162.0B or $160.0B. Crypto Market Holding Crucial Supports: Bitcoin Cash, XLM, EOS, TRX Price Analysis was last modified: April 26th, 2019 by Aayush JindalThe post Crypto Market Holding Crucial Supports: Bitcoin Cash, XLM, EOS, TRX Price Analysis appeared first on NewsBTC.

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