Trittium — Weekly Report #113
October 18 to October 25
1.- WHAT DID THE MARKET DO?
The market grew enormously this week, 36,000 USD million have been added to the crypto market (+10%). That's an incredible amount in only seven days.
For sure that the Paypal news are related to this price behaviour.
(https://edition.cnn.com/2020/10/21/investing/paypal-bitcoin-cryptocurrencies/index.html)
Once we have reached the $400,000 million capitalization again, it is time to look at the data from the outside and realize that we have already fought with this resistance before without much success, let’s hope that this time we can beat them.
If we check the Bitcoin price, we can see how we have had a great week, and now the BTC is trying to break the $13,500 resistance, the first attempt looks like rejected, but let's see how this evolute.
About the Bitcoin Dominance, as expected, it is going up and reached the 61,80 points, almost 2 points higher than seven days ago. Now the 62% area is strong resistance. I guess the bitcoin must be stabilized for some days before seeing BTC dominance decreasing.
MASTERNODES MARKET
Dash capitalization is now around 711 USD Million, $58 million higher than seven days ago (+8.88%).
The Dash dominance is going up, now at 45,47%, 2.5 points higher than seven days ago.
The total masternode market capitalization is 1,568 USD million. (+3.36%.).
If we check today’s data, we have:
Masternodes total market capitalization: 1,568 million. (+3.36%).
Masternodes market excluding $Dash: 857 million. (-0.81%)
About Trittium market capitalization, we are now at 253,135 USD
(-22,98%).
With 206,891 nodes running, we have around 1,000 more nodes than seven days ago.
2. WHAT DID TRITTIUM DO?
This was the order book on Oct 18:
And this is today, October, 25:
In summary:
- The average trade price is much lower, at around 14 sats.
- The buy orders book is much higher, with 0.162 BTC in buying orders.
- The sell orders book is higher, with 1,144,052 Trtt for sale.
- We have now 37,400,00 (28,94%) coins locked, 2,200,000 less than seven days ago.
3. PROJECT PROGRESS
- Twitter: 1,234 Followers. (+14)
- Discord: 8,091 (-118).
PoCoN last week:
Burned: 64,845
Sent to investors: 17,226
- Trtt total coins burned: 6,859,909 Trtt.
- Trtt total coins sent to investors: 1,860,590 Trtt.
Burning address: https://chains.trittium.cc/TRTT/address/TRCryptoLifeDotNetBurnAddrXXX6gvik
Rewards address:
https://chains.trittium.cc/TRTT/address/TCqeE7ub3pnRveciMLhCjhV44pjPBAjgCG
4.- trttNodes PROGRESS.
Bare project is listed as Cold Node at the trttnodes platform.
Total nodes running= 2,316(-51)
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