Trittium — Weekly Report #60

October 6 to October 13

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1.- WHAT DID THE MARKET DO?

We have another week with no significant movements. 224,853 USD millions are invested now at the whole crypto markets, 1,336 less than seven days ago.

About BTC, we created another triangle and broke by the upper side. Sadly, it looks like we didn’t find enough volume to continue going up, and now it is going back to previous stages.

We are now in a dangerous area, and a downtrend is possible.

About the MA50 and 200 commented one-week ago…. you can check both lines are going closer each week. We should keep an eye on them.

About BTC Dominance, it is now at 69,07, a little better than seven days ago, right. But we have been near to break the triangle this week, and sadly we went back to it. So, nothing is sure for now. We need to break it to trough the downside if we want some alts action.

MASTERNODES MARKET

At Dash example, we can see how Alts have been working the last days. Dash increased his market cap up to 651 USD million (+1.24%) so, not too much really.

Dash Dominance is now at 56.25%, 4points higher than seven days ago.

If we check Saturdays closing data, we have:

Masternodes market 1,425 USD million (+0.56%)

Dash market capitalization 651 USD million. (+1.24 %)

Masternodes market excluding $Dash: 774 USD million. (-5.73%)

About Trittium market capitalization, we are now at 552,276 USD
(- 1.14%).

With around 228,000 nodes running, we have 4,000 nodes running less than the previous week.

2. WHAT DID TRITTIUM DO?

Again, we didn’t keep the trend. We tried to stay there for some time, even on October 11 we went back to it, but sadly yesterday market decided to break it. I guess we will try again and someday we will break such 62 sats resistance.

About price and market orders, This was the order book on October 6:

And this one is today, October 13:

In summary:

  • The average trade price is lower than the previous week, 51 sats.
  • The buy orders book is thinner, with 0.42 BTC in buying orders.
  • The sell orders book is higher, with 1,337,830 Trtt for sale.
  • We have now 26 masternodes in sell orders and 16 in buying orders. The ratio is much worse than in the previous week.
  • We have now 65,500,000 TRTT (50.99%) coins locked, 800,000 less than the previous week.

3. PROJECT PROGRESS.

  • Twitter: 1,232 Followers. (-7)
  • Discord: 7,408 (-317 members).
  • PoCoN This week:(October 6 to October 13)
    Burned: 110,000
    Sent to investors: 14,000
  • Trtt total coins burned: 2,660,000

Burning address: https://chains.trittium.cc/TRTT/address/TRCryptoLifeDotNetBurnAddrXXX6gvik

4. trttNodes PROGRESS.

Last week data:

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And today, October 13:

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Instant Masternodes Running: -5.52%
Cold nodes running: -7.05%
Investments: +0.73%

Last ten weeks graph:

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New coins listed this week as cold nodes: eXperience Points project -XP-.

New promotion arrived at the trttNodes platform!!!!

  • All the 3DC cold nodes change their hosting price to 0.99 €/Month.
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  • DAPS nodes promotion:

Even we will not charge for the rest of the month we see some people concerned about how to get 5 € in trittium to start using it. We are willing to fill the account with the required amount to the next 20 new customers that willing to set 5 or more nodes, just register on https://node.trittium.cc/ and contact me in discord, AK5577-Trittium#7568 or telegram ‘@Trittiumt’ Only new customers that do not have DAPS nodes on trittium eligible for promotion

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Thanks for reading!!!!

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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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