As all cryptocurrency markets try to find their next support level, it is only normal some projects will continue to lose value. The BitTorrent Token price is an interesting example in this regard. After the initial hype calmed down, the price remains under a lot of bearish pressure. In fact, it seems the 21 Satoshi level will not act as solid support this coming weekend.
Will the BitTorrent Token Price Rise Again?
It is safe to say the launch of BitTorrent Token was one which triggered a lot of hype and excitement. This was clearly evident on the Binance exchange as well, where the token quickly hit a high level, but it has struggled ever since. Once the initial interest calms down, most of these altcoins will go off the deep end. For BTT, things simply are never looking up for very long.
Over the past 24 hours, the BitTorrent Token price has lost another 0.3% in USD value, driving the value down to $0.000825. There is also a 0.8% drop in BTT/BTC and a 0.16% decline in BTT/TRX. All of these signs remain rather bearish,…