Trittium — Weekly Report #118
1.- WHAT DID THE MARKET DO?
For the fourth straight week in a row, we have more money in crypto. In this case, 10,000 million more (+1.88%).
Despite the small correction that occurred this week, we have been able to grow. We are certainly within a very bullish market.
As we said last week, a small correction is good for the market in the medium term, as it allows support to settle. Now the $ 530 billion resistance will become into support, as we are going over it.
About the Bitcoin price, looks like we will try the $20,000 resistance area again. I think this will not be an easy point to break.
About the BTC dominance, we are now around the 63% area, 2 points lower than seven days ago. The chart shows that an increase in BTC dominance is likely in the coming days. The alts will suffer a bit.
Dash capitalization is now around 1,062 USD Million, $192 million higher than seven days ago (+22.06%). Obviously, as the bitcoin dominance went down, the alts have been able to grow.
The Dash dominance is higher than seven days ago, now at 44.19%, around 1 point higher than seven days ago.
The total masternode market capitalization is 2,391 USD million (+19.07 %).
If we check today’s data, we have:
Masternodes total market capitalization: 2,391 USD million (+19.07 %).
Masternodes market excluding $Dash: 1,329 million. (+16.78%)
About Trittium market capitalization, we are now at 790,804 USD
With 209,932 nodes running, around 700 nodes less are running than seven days ago.
2. WHAT DID TRITTIUM DO?
This was the order book on November 22:
And this is today, November 29:
- The average trade price is much lower, around 38 sats.
- The buy orders book is smaller, with 1.26 BTC in buying orders.
- The sell orders book is smaller, with 915,327 Trtt for sale.
- We have now 40,650,000 (31.45%) coins locked, 1,250,000 less than seven days ago.
3. PROJECT PROGRESS
- Twitter: 1,226 Followers. (-2)
- Discord: 8,179 (+21).
PoCoN last week:
Sent to investors: 2,283 (3,550 Trtt pending to share)
- Trtt total coins burned: 7,029,420 Trtt.
- Trtt total coins sent to investors: 1,905,315 Trtt.