Trittium — Weekly Report #110

September 27 to October 4

3 min readOct 4, 2020

1.- WHAT DID THE MARKET DO?

Really, the market didn't change too much this week. Three thousand USD million, that's the amount lost in total market capitalization along the last seven days.

About the Bitcoin price, if we check the daily chart, we see how the triangle is near to be solved in the next week. I really think/hope it will go upwards and a new test to the 11,500 area will happen. We will need to break it to see further goals in the next weeks.

About the Bitcoin dominance, we expected a BTC dominance increment along this week, but it didn't happen (great). Now we can see the dominance around the 59,50% area, 1.6 points lower than seven days ago.

MASTERNODES MARKET

Dash capitalization is now around 647 USD Million, $19 million lower than seven days ago (-2.85%).

The Dash dominance increased to 42.58%. 1.3 points higher.

The total masternode market capitalization went down to 1,507 USD million. (-6.97%.). If this happened when the bitcoin dominance decreased, it means that the money is going to a different kind of alts, probably Defi.

If we check today’s data, we have:

Masternodes total market capitalization: 1,507 million. (-6.97%).

Masternodes market excluding $Dash: 860 million. (-9.85%)

About Trittium market capitalization, we are now at 465,394 USD
(+7.93%).

With 205,282 nodes running, we have around 3,000 fewer nodes than seven days ago.

2. WHAT DID TRITTIUM DO?

This was the order book on Sept 27:

And this is today, October, 4:

In summary:

The average trade price is higher, at around 34 sats.
The buy orders book is a bit higher, with 0.20 BTC in buying orders.
The sell orders book is much smaller, with 396,857 Trtt for sale.
We have now 39,200,000 TRTT (30,33%) coins locked, 100,000 less than seven days ago.