Trittium — Weekly Report #61

October 13 to October 20

Trittium.cc
4 min readOct 20, 2019

1.- WHAT DID THE MARKET DO?

As we expected market went down, but not too much yet. Actual crypto market cap is 217,000 USD million, around 3.55% smaller than seven days ago — not a significant change at crypto, but enough to create bearish feelings among investors.

About BTC, it looks like we are near the floor of a big descending triangle. Not great news for us.

As said weeks ago, MA50 and 200 are closer and closer, another ugly signal.

About BTC Dominance, we are at 68,63%, not a significant change since seven days ago, but we can see how triangle broke, so I hope we are in the way to the white box, around 65% in the next weeks. Good for alts.

MASTERNODES MARKET

Dash didn’t make an excellent performance last seven days, market capitalization went to 621 USD million, -4.6%, with this we have around a -30% in the previous month.

Dash Dominance is now at 61.87%, 5 points higher than seven days ago.

If we check Saturdays closing data, we have:

Masternodes market 1,007 million (-29.33%)

Dash market capitalization 621 USD million. (-4.6 %)

Masternodes market excluding $Dash: 386 USD million. (-50.12%)

About Trittium market capitalization, we are now at 597,800 USD
(+ 8.24%).

With around 231,000 nodes running, we have 3,000 more nodes running than the previous week.

2. WHAT DID TRITTIUM DO?

Some intent to break 62 sats resistance, but we can not do it for now. Patience is needed.

About price and market orders, This was the order book on October 13:

And this one is today, October 20:

In summary:

  • The average trade price is perhaps higher than the previous week, 58 sats.
  • The buy orders book is similar, with 0.44 BTC in buying orders.
  • The sell orders book is smaller, with 1,257,975 Trtt for sale.
  • We have now 25 masternodes in sell orders and 15 in buying orders. The ratio is similar to the previous week.
  • We have now 65,650,000 TRTT (50.79%) coins locked, 150,000 more than the previous week.

3. PROJECT PROGRESS.

  • Twitter: 1,213 Followers. (-19)
  • Discord: 7,582 (+174 members).
  • PoCoN This week:(October 6 to October 13)
    Burned: 120,000
    Sent to investors: 34,000
  • Trtt total coins burned: 2,780,000

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

4. trttNodes PROGRESS.

Last week data:

And today, October 20:

Instant Masternodes Running: -11.07%
Cold nodes running: +1.53%
Investments: +0.67%

Last ten weeks graph:

New coins listed this week as insta and cold nodes: DashD, Scrypta and Duality Solutions.

New services and promotions are near to arrive at the Trittium project, stay tuned!!!

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Thanks for reading!!!!

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Trittium.cc
Trittium.cc

Written by Trittium.cc

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

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