Trittium — Weekly Report #37

April 29 to May 5.

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1.- WHAT DID THE MARKET DO?

Money entered into the crypto market this week, around 12,000 USD million more are invested now at Crypto (+7%).

This looks like a critical moment for us, as we must go over $6,000 per $BTC to think about the end of the bear market.

$BTC reached finally 100,000 USD million market capitalization.

Bitcoin dominance continues increasing, and now it is at 55.73%, 1.38 points higher than last week.

As we said at last two weekly reports, Alts market is hazardous now.

MASTERNODES MARKET

Alts markets include Dash, the whole masternodes world and Trittium, so we don’t should expect too much happiness around the data to show if we think at $BTC price. If we only watch $ price and market capitalization, it should be higher, as $BTC price is also higher. Let’s see.

Dash market capitalization is 1,048 USD millions (+8.15%).

You can check in this graph how the Market cap is higher (Blue line), but $Dash price in $BTC is smaller (yellow line). As said, this is because of the btc price rally, so $Dash price in dollars is higher.

The same situation is happening to more alts (also to $trtt).

Dash dominance is now at 60.04%, around 0.5 points higher than seven days ago.

Total masternodes Capitalization is now at 1,718 USD millions, +7.44% than last week. (As said before, in dollars. If we look at $BTC, we are -3%)

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Total Masternodes market, 1,718 USD million. (+7.44 %)

$Dash market capitalization: 1,084 USD million. (+8.15%)

Masternodes market excluding $Dash: 634 USD million. (+1.27%)😢

About Trittium market capitalization, we are now at 725,848 USD (-3.08%)

With 243,544 nodes running, we have around 3,000 nodes running more than last week.

Masternodes world still looks ugly.

2. WHAT DID TRITTIUM DO?

Not too much really, I think market conditions are against us right now. We stopped bleeding, but recovery is not happening yet.

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About price and market orders, This was the order book on April 28:

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And this one is today, May 5:

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In summary:

  • The average trade price is lower, around 100–105 sats.
  • The buy orders book is smaller, with 0.60 BTC in buying orders, one of the smaller ever seen for our coin. There is no doubt market conditions are seriously affecting us.
  • The sell orders book is higher than last week, with 1,344,000 Trtt for sale.
  • We have now 27 masternodes in sell orders and 11 masternodes in buying orders. The ratio is worse than last week.
  • We have now 64,250,000 TRTT (52.89%) coins locked, 250,000 coins less than last week.

Data is a bit worse than last week, not too much, but we do not see real recovery for now. We need a stabilized market to see people investing in Trittium again.

3. PROJECT PROGRESS.

Twitter: 144 followers. Remember, this account is new. Are you following us?

  • Discord: 6,741 members (+0.32%).
  • PoCoN This week:(April 21 to April 28)
    Burned: 291,139
    Sent: 41,139
  • Total Burned: 1,065,766. Check it here:
  • Yes, data are right, we burned 250,000 extra coins!!!!

This is the burning transfer:

And with this, we reached 1,000,000 Trtt burned!!!!

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You can download it here:

  • We launched a new twitter raffle to get more followers. We need followers, so follow us and win 10,000 trtt!!!!

4. trttNodes PROGRESS.

Last week data:

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Actual data:

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New coins listed: 3
Masternodes running: +3.7%
Investments: +2.3%

Coins listed this week: Sierra Coin -SIERRA-, High Stakes Coin -HISC- and Golden Fever -GFR-.

  • These coins are near to be delisted; please withdraw them ASAP.
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We continue working!!!!

You can also follow us on the networks below:

Twitter

BetweenBlocks

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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