2024

Million

TRON

BitTorrent

BitTorrent, which was launched in July 2001 and acquired by Tron in 2028, started to rise after Tron, the network on which it was published, completed the TRX burning.
At this point, TRON (TRX) stated that it aimed to tighten the token supply and announced that it held an important token burning event on February 14.
Tron said that 9.9 million TRX tokens were burned and removed from circulation in the last burn event.
Following this burning news, a slight change was observed in the TRX price, while BitTorrent (BTT) on the Tron network increased by up to 13%.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/hashtag/TRON?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#TRON</a> just burned 9,906,766 <a href="https://twitter.com/hashtag/TRX?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#TRX</a> on February 14th <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> showcasing a commitment to deflation &amp; value growth <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> With a net negative production ratio of -4,840,431 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92f.png" alt="🤯" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/TmlDJCsxKx" rel="noopener noreferrer nofollow">pic.twitter.com/TmlDJCsxKx</a>
 — TRON Community (@TronixTrx) <a href="https://twitter.com/TronixTrx/status/1757951612385935389?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 15, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
While BTT reacted bullishly to positive news from the Tron network, historically TRX did not react as quickly to burn news, but BTT reacted well to positive news from Tron.
Because after the Tron blockchain reached 200 million users in December, BTT doubled.
TRX, currently ranked 12th in terms of market value, continues to be traded at $ 0.1313 with a market value of $ 11,563,389.713, while BTT ranks 71st in terms of market value.
BTT, which has a market value of $ 1,034,899,651, is traded at $ 0.000001072 at the time of writing.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/tron-burned-9-9-million-tokens-this-altcoin-rising-while-trx-did-not-react/" rel="noopener noreferrer nofollow">Tron Burned 9.9 Million Tokens, This Altcoin Rising While TRX Did Not React!</a>

Tron Burned 9.9 Million Tokens, This Altcoin Rising While TRX Did Not React!

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