Trittium — Weekly Report #106
Aug 30 to September 6
1.- WHAT DID THE MARKET DO?
Not a great week for crypto, that’s obvious. 42,000 USD million disappeared from the crypto markets (-11.44%), most of them along the weekend.
But if we check the whole photo, we are still alive. We can see how we are still on the green area over the cloud, so the market conditions are showing us a bullish structure.
If we check the Bitcoin price, we can see how we have been heavily rejected from the $11,500 resistance and even reached the support area, around the 9,900 USD. Now, the BTC tries to recover and fights in the 10,500 area again to be able to climb to highest targets. Perhaps we will see a good recovery from here.
Checking the Bitcoin dominance, we see a double bottom recovery from the 58% support, and now we are between the 58 and the 62% areas. Probably we will see a Bitcoin dominance increase in the next week. Alts suffer because of this.
Dash capitalization is now around 677 USD Million, $161 million lower than seven days ago (-19.21%). The bitcoin price and the dominance increase are the reason for this big dump.
The Dash dominance grew to 43,39%, that’s around 1.5 points higher than seven days ago. Perhaps the DIVI price behaviour helped again to this.
The total masternode market capitalization went down to 1,560 USD million. (-21.92%.).
If we check today’s data, we have:
Masternodes total market capitalization: 1,560 million. (-21.92%).
Masternodes market excluding $Dash: 883 million. (-23.87%)
About Trittium market capitalization, we are now at 396,641 USD
With 203,000 nodes running, we have around 1,000 nodes less running than seven days ago.
2. WHAT DID TRITTIUM DO?
This was the order book on August 30:
And this is today, September 6:
- The average trade price is lower, at around 30 sats.
- The buy orders book is much thinner, with 0.084 BTC in buying orders.
- The sell orders book is higher, with 606,567 Trtt for sale.
- We have now 35,550,000 TRTT (27,51%) coins locked, 7,200,000 less than seven days ago. (Probably related to network issues)
3. PROJECT PROGRESS
- Twitter: 1,238 Followers. (+1)
- Discord: 8,165 (+17).
PoCoN last week:
Sent to investors: 10,893
- Trtt total coins burned: 6,530,797 Trtt.
- Trtt total coins sent to investors: 1,774,430 trtt.
4.- trttNodes PROGRESS.
NestEgg project -EGG- is listed now as Insta and Cold Node at the trttNodes platform.
Total nodes running= 2,257 (-12)
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