Trittium — Weekly Report #116

November 8 to November 15

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1.- WHAT DID THE MARKET DO?

And again, the money entered into crypto in the last week. 27,000 USD million added to the crypto markets (+6.23%).

Our moon mission continues, as we are farther and farther from our support area: 400,000 USD million.

If we check the Bitcoin price, as expected, we tried to go through the $16,000 resistance area, but the Bitcoin has been rejected in its first attempt. After the previous week rally, some consolidation is needed to make stronger supports.

About the Bitcoin’s dominance, it is now at 65.24%, a bit higher than seven days ago, but we can see how the trend line rejected it around the 66% area. This means that dominance will go down in the next weeks and perhaps we are near to start an altseason.

MASTERNODES MARKET

Dash capitalization is now around 742 USD Million, $81 million higher than seven days ago (+12.25%).

The Dash dominance is lower than seven days ago, now at 41.07%, 1.5 points lower than seven days ago.

If the Dash dominance goes down and at the same time the Dash capitalization grows, for sure the masternode market grew a lot in the last seven days.

The total masternode market capitalization is 1,805 USD million (+16.37 %).

If we check today’s data, we have:

Masternodes total market capitalization: 1,805 USD million (+16.37 %).

Masternodes market excluding $Dash: 1,063 million. (+19.43%)

About Trittium market capitalization, we are now at 496,729 USD
(-11.49%).

With 212,061 nodes running, the number of nodes running is similar to the previous week.

2. WHAT DID TRITTIUM DO?

This was the order book on November 8:

And this is today, November 15:

In summary:

  • The average trade price is lower, around 22 sats.
  • The buy orders book is smaller, with 0.317 BTC in buying orders.
  • The sell orders book is smaller, with 1,632,157 Trtt for sale.
  • We have now 42,650,000 (33%) coins locked, 5,950,000 more than seven days ago.

3. PROJECT PROGRESS

  • Twitter: 1,218 Followers. (-7)
  • Discord: 8,278 (+53).

PoCoN last week:
Burned: 32,571
Sent to investors: 8,174

  • Trtt total coins burned: 6,983,682 Trtt.
  • Trtt total coins sent to investors: 1,894,919 Trtt.

Burning address: https://chains.trittium.cc/TRTT/address/TRCryptoLifeDotNetBurnAddrXXX6gvik

Rewards address:
https://chains.trittium.cc/TRTT/address/TCqeE7ub3pnRveciMLhCjhV44pjPBAjgCG

4.- trttNodes PROGRESS.

Total nodes running= 2,234(+25)

Thanks for reading!!!!

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Tritium is a revolutionary intermediary platform that allows for fast and easy peer-to-peer loans backed by crypto collateral.

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