Trittium - Weekly Report #16

December 4 to December 9

4 min readDec 9, 2018

WHAT DID THE MARKET DO?

I think you already know the answer. It crashed, again and deeper this time.

Last week we spoke about new stable price levels at $3,500 – $4,000….. and we lost that range. Really I don't know what to ask for or where will we stop, but I hope we are near the bottom.

Less and less total Market Capitalization each week. For the past 7 days we lost $14,655 million, that is -11,6%.

Despite the $BTC fall, its dominance grows to 54,77%, just like the last week, $BTC dominance keep growing.

MASTERNODES MARKET

We continue with a free fall, $Dash reached a new low record and went to only 586 USD million Market Capitalization, that is another -18% this week.

Let remind that once $Dash masternode cost was 1,443,000 USD, just a year ago, and today you can buy it for only 69,000 USD.

$Dash dominance is now at 55,23%, less than last week (57%). Let see the masternodes market excluding $Dash.

It is actually 1,041 USD million and 586 USD million is $Dash market capitalization, so we have 455 USD million for all the masternodes market excluding Dash. Last report ( on December 5th) we had 538 million, so now we have 83 USD million less invested in masternodes than 4 days ago.

258,352 is the number of active masternodes at the moment. That is 2,057 nodes less than the last report on December 4th.
This means: Only the good projects with real development will survive.

But how is Trittium doing it in this market? It is doing it right.

Actual numbers - 1,283 nodes deployed and increasing, with 61% of the coins locked.

2. WHAT DID TRITTIUM DO?

About Trittium market capitalization, we didn't suffer too much in December, as we keep a stable amount, around 500,000 USD.

Despite the decline in overall market capitalization, $TRTT has managed to stay in the same price range, around 140 satoshis.

Same as last week in price and capitalization. In this bleeding market it is a great result, but we think that not enough to pay a fair price for our project, we hope we will see a big move up soon.

Let’s have a look at the order book:

This was the order book at December, 4:

And this one is today, December, 9:

In summary:

The average trade price is similar, around 140 sats, we hope the price increase will increase.
The buy orders book is stronger, with only 2,1 $BTC in buying orders.
The sell orders book is smaller, around 850.000 $Trtt.
We now have 17 masternodes in sell orders and 30 masternodes in buying orders - we see serious improvement here. $Trtt demand is increasing every day.

3. PROJECT PROGRESS.

On December 2nd we made a big step for our project.

We released our trttNodes platform, a big step that proves our determination to continue with hard work and demonstrate how a small startup reach it’s targets.

Also, we published articles explaining all the points to investors, users and potential projects.