This article centers around a thorough assessment of BTR coin’s technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it ; identifying traded currency pairs ; exploring assorted key metrics that demonstrate critical aspects of performance such as highest low price values attained among other essential economic indicators. We will also provide regular weekly graphical or technical analyses aimed at assisting potential investors evaluate feasible investment risks areas while identifying prospective profits..
What is Bitrue (BTR) Coin?
Bitrue (BTR) is a cryptocurrency that serves as the native token for the Bitrue Exchange . Bitrue is a Singapore-based digital asset trading platform that offers users access to a variety of cryptocurrencies, including Bitcoin , Ethereum and many other altcoins .
The BTR token can be used in several ways on the Bitrue platform . For example, holding BTR tokens gives users access to discounted trading fees when conducting transactions on the Exchange . Additionally, users who hold BTR tokens may also receive additional benefits such as higher interest rates on their holdings or exclusive access to certain features or promotions .
Bitrue has also announced plans to use its BTR token to launch a decentralized finance (DeFi) ecosystem called ” PowerPiggy ” . This DeFi ecosystem will allow users to earn interest on their cryptocurrency holdings by staking them in various pools or lending them out through smart contracts .
As with any cryptocurrency investment, it’s important for individuals interested in purchasing BTR tokens to do their own research and consider factors such as market demand and potential risks before investing any funds into this digital asset.
If you want to know more about the Bitrue Coin(BTR) coin , you can visit its website.
Bitrue Coin (BTR) has several projects and use cases, some of which include:
1.Trading fee discounts : Holding BTR tokens can give users access to discounted trading fees on the Bitrue platform.
- Higher interest rates: Users who hold BTR tokens in their Bitrue accounts may receive higher interest rates on their cryptocurrency holdings .
- Exclusive promotions and features : Bitrue has stated that it plans to offer exclusive promotions, rewards, and other features for users who hold BTR tokens .
- PowerPiggy DeFi ecosystem : As mentioned earlier, Bitrue is planning to launch a decentralized finance (DeFi) ecosystem called “PowerPiggy” that will allow users to earn interest on their cryptocurrency holdings by staking them in various pools or lending them out through smart contracts.
5Payment method : Some merchants are accepting BTR as a payment method for goods and services.
It’s worth noting that these are just a few examples of potential use cases for the BTR token – as with any cryptocurrency project, there is no guarantee that these initiatives will be successful or widely adopted. As always , individuals interested in investing in cryptocurrencies should conduct thorough research before putting any funds into this digital asset .
Factors affecting price:
As with any cryptocurrency, the price of Bitrue Coin (BTR) can be influenced by a variety of factors . Here are three factors that may impact the BTR price :
1.Market demand : The most obvious factor that can influence the BTR price is market demand – if more people want to buy BTR than sell it , then the price will likely go up as buyers compete for limited supply .
2.Adoption and use cases : The adoption and use cases of BTR within the Bitrue ecosystem can also have an impact on its value . For example, if more users begin using BTR to access discounted trading fees or earn interest through PowerPiggy , this increased utility could drive up demand for the token.
- Competition from other cryptocurrencies : Finally , competition from other cryptocurrencies could also affect the BTR price. If another exchange launches a similar token with better features or incentives, some investors may choose to switch their funds over – which could lead to decreased demand for BTR and lower prices .
Of course, these are just a few examples of potential factors that could influence the value of Bitrue Coin (BTR) – as with any investment vehicle , there is always risk involved and no guarantees about future performance or returns should be assumed based on past trends or data points .
Where can I buy Bitrue Coin(BTR)?
Exchange Pair Volume
Bitrue Coin(BTR) Baseline Assessment :
The market cap of the Bitrue Coin(BTR) coin is $ 6.597.547 and its circulating supply is 801.307.097 units. Its total supply is 10.000.000.000 units, with a fully diluted valuation of $ 24.025.490 .
What is the high price point for Bitrue Coin (BTR)?
Bitrue Coin(BTR) token highest price is $ 0.7393 recorded on Mar 18, 2021 . The current price is %-96.69 lower than the all-time high .
What is the low point of the price for Bitrue Coin (BTR)?
Bitrue Coin(BTR) token’s lowest price was $ 0.01394 on Mar 13 , 2020 .
Bitrue Coin(BTR) Technical Outlook:
Returning from the $0.4998 level for the third time and entering a downtrend, Bitrue Coin (BTR) fell to the level of $0.0220 . The $0.022824 level is working as a resistance , and if it fails to make voluminous closes above it, the price is expected to drop by $0.01523. The $0.030 level, where the high volume is formed, will appear as the resistance that must be crossed . Our sequential resistances at $0.02824, $0.04931, $0.07097 and $0.49893 can be followed on possible upsides.
Investment information comments, and recommendations contained herein are not within the scope of investment consultancy . The content, comments, and recommendations herein are not guiding but general . These recommendations may not suit your financial situation and risk and return preferences . Therefore making an investment decision based solely on the information herein may not yield results that meet your expectations .