Trittium — Weekly Report #51

August 4 to August 11

Image for post
Image for post

1.- WHAT DID THE MARKET DO?

We didn’t see significant changes this week. We are now at $ 293,000 Million, just 6,000 more than the previous week. The market looks going like it want to go down now, let’s see what happens.

About Bitcoin, he made what expected, reach $ 12,300 and later started to going down again, continuing with the big trend.

About BTC Dominance, sadly it went to 70,21%.

MASTERNODES MARKET

Another bad week for Dash, market capitalization is now at 925 USD millions, 14 less than the previous week.

About Dash dominance, at 55,04%, is 2 points higher, lousy signal for the masternode sector.

About masternodes market capitalization, this is the graph:

If we check Saturdays closing data, we have:

Masternodes market 1,678 USD million (-5.35%)

Dash market capitalization 925 USD million. (-1.49%)

Masternodes market excluding $Dash: 753 USD million. (-8.39%)

About Trittium market capitalization, we are at 803,589 USD (+2.65%).

With around 227,000 nodes running, we have now around 3,000 nodes more than seven days ago.

2. WHAT DID TRITTIUM DO?

We are all the time around the 62 sats resistance, and we need to break it if we want to see higher prices for Trittium.

About price and market orders, This was the order book on August 4:

And this one is today, August 11:

In summary:

  • The average trade price is similar to the previous week, around 58–60 sats.
  • The buy orders book is similar, with 0.38 BTC in buying orders.
  • The sell orders book is more significant, with 1,540,000 Trtt for sale.
  • We have now 30 masternodes in sell orders and 13 in buying orders. The ratio is similar to seven days ago.
  • We have now 66,250,000 TRTT (52.30%) coins locked, 400,000 coins more than seven days ago.

This week trtt kept similar numbers to the previous one, in a week where masternodes lost 8% of their market capitalization is a good week if we compare with the alts and masternodes market.

3. PROJECT PROGRESS.

  • Twitter: 830 Followers. (+176)
  • Discord: 7,302 members (-0.05%).
  • PoCoN This week:( August 4 to August 11)
    Burned: 101,395
    Sent: -
  • Trtt total coins burned: 1,687,942

4. trttNodes PROGRESS.

Last week data:

And today:

Instant Masternodes Running: +1.35%
Cold nodes running: +15.88%
Investments: +2.1%

New coins listed this week: HINKA as insta nodes.

  • Now, you can stake your trtt coins at the trttNodes wallet. Yes!!! All the non invested Trittium that you keep at the wallet to pay your fees will stake now!!! This service will also be available for other coins soon!!!
  • Some coins only will be allowed to pay their fees in Trittium!!!

As you can check, we continue launching new services and options, and we keep our promise: Make this project a real one with several use cases.

Thanks for reading, don’t forget to clap!!!!

You can also follow us on the networks below:

Twitter

BetweenBlocks

Bitcointalk

Reddit

Discord

Written by

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

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store