Trittium — Weekly Report #115

November 1 to November 8

3 min readNov 8, 2020

1.- WHAT DID THE MARKET DO?

The market grew, and a lot. 33,000 USD million entered into the crypto markets in the last week (+8.25%).

We went through the 400,00 USD million resistance. Now we see some correction. The important point is to be able to hold over such amount to continue with our moon mission.

If we check the Bitcoin price, we can see how fast we jumped to the 16,000 area resistance. Movements are not so fast, and we need some consolidation after a 1,000 USD candle before reach higher targets.

Bitcoin’s dominance, after the rapid changes in recent days, reached 66.5% zone. Now, we can see how the Bitcoin price moves slower, and the dominance corrects a bit. Anyway, with this BTC pumps, the dominance continues increasing and holds now the 64.9% area, 0.90 points higher than seven days ago.

MASTERNODES MARKET

Dash capitalization is now around 661 USD Million, $29 million lower than seven days ago (-4.2%).

The Dash dominance is going up, now at 42.51%, 0.20 points higher than seven days ago.

The total masternode market capitalization is 1,551 USD million. (-4.2%.).

If we check today’s data, we have:

Masternodes total market capitalization: 1,551 million. (-4.2%).

Masternodes market excluding $Dash: 890 million. (-4.19%)

About Trittium market capitalization, we are now at 561,251 USD
(+1.83%).

With 212,213 nodes running, we have around 2,000 nodes more running than seven days ago.

2. WHAT DID TRITTIUM DO?

This was the order book on November 1:

And this is today, November 8:

In summary:

The average trade price is a bit lower, around 28 sats.
The buy orders book is similar, with 0.446 BTC in buying orders.
The sell orders book is similar, with 1,863,051 Trtt for sale.
We have now 36,700,000 (28,40%) coins locked, 1,550,000 more than seven days ago.