Trittium — Weekly Report #114
October 25 to November 1
1.- WHAT DID THE MARKET DO?
It looks like if there hasn’t been much change this week if we speak about the market capitalization as we only grew in 4,000 USD million (+1.01%). But there is a major fight going on to win back the $ 400 billion market capitalization. Soon we will see how it goes.
As we saw seven days ago, we are trying to break the 400,000 USD million since 2018, April. We need to do it to reach higher Bitcoin prices and the alts explosion.
About the Bitcoin behaviour, what to say, just incredible performance. We can see really good monthly and weekly closes, and this should take us to higher targets. About the 13,500 resistance…. it is our new support now, well played.
If we check Bitcoin’s dominance, we saw in last week’s report how the 62% area was a resistance point, but it should move higher. Now we can confirm that that expected behaviour was real since the domain is now around the 64% area. This is a common reaction when Bitcoin decides to make quick moves, and this week has been incredible for the price of BTC.
We should expect some calm days in the next week, with no big changes in the Dominance data.
Dash capitalization is now around 690 USD Million, $21 million lower than seven days ago (-2.95%).
The Dash dominance is going up, now at 42.32%, 3 points lower than seven days ago.
The total masternode market capitalization is 1,619 USD million. (+3.15%.).
If we check today’s data, we have:
Masternodes total market capitalization: 1,619 million. (+3.15%).
Masternodes market excluding $Dash: 929 million. (+8.4%)
About Trittium market capitalization, we are now at 551,166 USD
With 210,445 nodes running, we have around 4,000 nodes more running than seven days ago.
2. WHAT DID TRITTIUM DO?
This was the order book on Oct 25:
And this is today, November 1:
- The average trade price has doubled, to around 30 sats.
- The buy orders book is x3, with 0.451 BTC in buying orders.
- The sell orders book is higher, with 1,908,975 Trtt for sale.
- We have now 35,150,000 (27,20%) coins locked, 1,750,000 less than seven days ago.
3. PROJECT PROGRESS
- Twitter: 1,232 Followers. (-2)
- Discord: 8,210 (+119).
PoCoN last week:
Sent to investors: 16,760
- Trtt total coins burned: 6,919,971 Trtt.
- Trtt total coins sent to investors: 1,877,350 Trtt.
Burning address: https://chains.trittium.cc/TRTT/address/TRCryptoLifeDotNetBurnAddrXXX6gvik
4.- trttNodes PROGRESS.
Total nodes running= 2,223(-93)
5.- Special notice.
A significant change in the history of Trittium has occurred this week.
After several years at the helm, the founding team has reached an agreement with the SAPP team. According to this agreement, since October, 30, the SAPP team and the people they designate will be in charge of the project, being, for all purposes, those responsible for it.
This is the Discord announcement:
6.- The SAPP team.
For those Trittium users and investors who would like to have more information about the new Trittium managers, this article tries to give a little brushstroke about them.
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