Trittium — Weekly Report #77

February 9 to February 16

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1.- WHAT DID THE MARKET DO?

It looks like they played with us this week.
In the end, the total market grew around 8,000 USD million, but in the middle gave us some alarm, as we started the week bullish, reaching even 300,000 USD million as total crypto market capitalization. Finally, a significant drop woke up some bears and people began to speak about 3,000 USD again as the future price for Bitcoin.

About BTC, we can see how this 10,400 area was rejected again. So we are retracing before trying it still.
Some weeks at these levels are healthy for the alts market, so, no complaints.

About BTC dominance, it continues going down, around 63.15 actually, that’s 1.7 points lower than the previous week.

As we said seven days ago, dominance should continue going down in the next weeks.

MASTERNODES MARKET

Dash stopped the rally and this week lost some capitalization. 1,143 USD million is the Dash market capitalization today (-3.13%), not too bad.

Dash dominance is now at 60.71%, around 3 points less than seven days ago.

The total masternodes market reached 1,868 USD million, 11 million higher than the previous week (0.59%)

If we check today’s data, we have:

Masternodes market 1,868 USD million (+0.59%)

Masternodes market excluding $Dash: 725 USD million. (+7.56%)

About Trittium market capitalization, we are now at 351,960 USD
(+12.64%).

With 224,000 nodes, 1,000 nodes less are running now.

2. WHAT DID TRITTIUM DO?

This was the order book on February 9:

And this is today, February 16:

In summary:

  • The average trade price is a bit higher, at around 26 sats.
  • The buy orders book is bigger, with 0.211 BTC in buying orders.
  • The sell orders book is smaller, with 606,000 Trtt for sale.
  • We have now 58,900,000 TRTT (45,57%) coins locked, 650,000 less than the previous week.

All the indicators show us a small recovering in the general Trittium project numbers unless coins locked into masternodes. Let’s see how this evolves.

3. PROJECT PROGRESS.

  • Twitter: 1,205 Followers. (-11)
  • Discord: 7,640 (-155 members).

PoCoN last week:

Burned: 82,874
Sent to investors: 20,000

  • Trtt total coins burned: 4,393,324 Trtt.

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

  • This week we showed our first LOANS PLATFORM image.

Please, don’t forget we are here working on new features and project progress!

4. trttNodes PROGRESS.

February 9 data:

And today, February 16:

Instant Masternodes Running: +9.
Cold nodes running: -25.
Investments: +17

Last ten weeks graph:

Alts market looks to be recovering, later small caps will, and we will be ready with new features and loans platform to get such ride in time!!!

Thanks for reading!!!!

You can also follow us on the networks below:

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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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