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The current ongoing crypto bull run is marked by Bitcoin (BTC) consistently hitting its 52-week high, with other cryptocurrencies also exhibiting bullish movement. Amidst this surge, BitTorrent (BTT) has shown a remarkable upside movement of over 60% within just 24 hours, according to data from Coinmarketcap. BTT price surge amid Justin Sun’s milestone announcement 
The significant surge in BTT within the past 24 hours may be attributed to an announcement by Tron founder Justin Sun on X (formerly Twitter) regarding the achievement of a 200 million user base on the Tron Blockchain on December 6, 2023. He stated, “This is not only a significant milestone but also a testament to our expanding ecosystem.” 
In addition to this, Sun expressed optimism about the crypto industry, stating, “The crypto winter is finally coming to an end, and I firmly believe that everyone who continues to build and contribute to this industry will have a <a href="https://news.todayq.com/justin-suns-poloniex-faces-trx-premium-post-hack-fallout/">bright and prosperous future</a>!” 
Tomorrow is going to be a significant day for Tron, as we will surpass the milestone of 200 million users. It's been a long and rewarding journey for everyone in the Tron community, and I am extremely grateful for your constant support and presence.— H.E. Justin Sun 孙宇晨 (@justinsuntron) 
However, following the surge in BTT’s price, it breached the $0.000001 price for the first time since May 2022. This rise in BTT’s price aligns with a broader upward trend in the cryptocurrency market, as both Bitcoin (BTC) and Ethereum (ETH) have experienced increases, reaching their highest points in 19 months. BTT’s price movement 
BTT is currently trading near the $0.0000008 level, indicating a substantial upside movement of over 60%. Since November 2023, BitTorrent has been consolidating within a narrow range between $0.00000045 and $0.0000005, suggesting sustained investor interest in BTT. What is BitTorrent (BTT)? 
For those unfamiliar with BTT, Justin Sun, the founder of the Tron Blockchain, acquired BitTorrent in 2019 to decentralize its services. This acquisition led to the creation of BitTorrent Token (BTT), a cryptocurrency designed to reward users on the network and facilitate a connection between content creators and their audience. Essentially, BTT functions as a digital incentive system for sharing and accessing content. 
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BitTorrent (BTT) skyrockets over 60% in 24 hours, Here’s why

Todayq News

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