It's no secret that the bear market, which began in January 2018, continues in 2019. Currently, there are two analysts camps that disagree on what is happening in cryptocurrency markets.
The first camp believes that Bitcoin (BTC) reached the bottom on December 15 last year, when its cost was about $ 3,200. The second camp believes that the storm is not over and BTC may fall below $ 3,000. Some even predicted that in the coming days the cost of BTC amount to $ 1,700.
Since Bitcoin is the king of digital assets and its dominance currently exceeds 50% of the total market capitalization, the value of BTC affects the entire cryptocurrency market.
Only time will tell whether BTC has reached the bottom in mid-December of last year, or in the future, even greater chaos in the markets. One thing is certain: the Tron fund and BitTorrent launched a wonderful plan, Airdrop, which will keep traders and investors interested in both the TRX and BTT until 2025.
Airdrop plan provides that BTT will be distributed to TRX owners every 11th day of the month from February 2019 to February 2025. This means that many TRX investors prefer to keep their coins for 6 years, rather than sell. This will reduce the TRX offer in the markets available for trading. Others will rush to buy more until the 11th of each month to get a BTT token, and this will increase the demand for TRX and its cost. Such incentives will guarantee interest in the TRX until 2025.
The following exchanges have now confirmed support for BTT airdrops:
- Binance
- OKEx
- Huobi and Huobi Wallet
- Koinex
- Wazirx
- Coin tiger
- Gate.io
- Fcoin
- Bibox
- KuCoin
And what do you think about this?
