Trittium — Weekly Report #27

February 17 to February 24

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As you know…. Great week!!!!

Money entered into the market, 8,082 USD millions more are now invested at crypto (+6.68%)…. a good week, no doubt!!!!

We will see if that’s true in the next weeks but for now, let’s enjoy the moment.

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Bitcoin dominance, 52,22%, same as last week.

Alt´s market, have now a total capitalization of 61,528 USD million, that’s 4,287 millions more than last week…+7.48%.

MASTERNODES MARKET

$Dash continued with his rally all over the wee. But it stopped about 4 hours ago, with a big red candle at Bitcoin. Finally, increased his market capitalization (and price) in about 5 USD millions, +0.71 %. (Remember last week, Dash increased his market cap. +8% and previous one +7.3%).

With this, $Dash dominance goes to 58.14%, similar than last week (Past weeks $Dash increased his dominance a +3% and another 3% previous one).

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Masternodes total market capitalization.

With this, we have had a terrible week market behaviour. Dash increased capitalization, but only Dash. The total masternodes market is smaller. Bad news for Masternodes like Trittium.

Since last week these are the big data changes:

Total Masternodes market, 1,178 USD million. (+0 %)

$Dash market capitalization:703 USD million. (+0.71%)

Masternodes market excluding $Dash: 475 USD million.(-1.04%)

About Trittium market capitalization, we are now at 850,454 USD (-8.09%)

With 235,499 nodes running in the whole market, the amount is now about 12,000 nodes fewer than the previous week.

2. WHAT DID TRITTIUM DO?

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We have not had a great week at Trittium as price behaviour stopped his previous rally.

Probably $btc price invalidated other possible patterns that were being formed.

All the patterns should be deleted, and we should wait for some possible new formations now.

About price and market orders, This was the order book on February 17:

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And this one is today, February 24:

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In summary:

  • The average trade price is lower, around 190–200 sat.
  • The buy orders book is weakest, with 0.95 $BTC in buying orders.
  • The sell orders book is similar, with 867,000 $Trtt for sale.
  • We have now 17 masternodes in sell orders and 9.5 masternodes in buying orders. The ratio is much worse than last week.
  • We have a similar amount locked at nodes now with 62,900,000 TRTT (55,65%).

So, as we can see, data are not stronger than last week (With this we have two continues weeks with worse data). I am sure that the situation will be much better in a short time.

3. PROJECT PROGRESS.

  • First of all is to congratulate you, thanks to you we have reached the figure of 6,000 members at our Discord !!!
    (6,440 currently).
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  • Do you remember the Design contest? We have a winner!!!!
    We are happy to hire the jobs we need from our community.
    Soon we will have new designs.
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4. trttNodes PROGRESS.

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  • We have a new landing page!!!! Now, when you go to our platform web, the first you will see is our new landing page, where all our features are perfectly explained, check it: https://node.trittium.cc/
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  • We continue developing and creating more and more new tools for long term success. Now we can deploy 50 mn per hour without human intervention.
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Markets are difficult nowadays, but we continue improving and working everyday to make our project more and more solid!!!

If you liked the article, please don’t forget to clap!!!!

You can also follow us on the networks below:

Twitter

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Bitcointalk

Reddit

Discord

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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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