Trittium — Weekly Report #85

April 5 to April 12

Image for post
Image for post

1.- WHAT DID THE MARKET DO?

As you know, the past seven days did not show much hope for the world regarding COVID-19, and most of the countries are still beginning to suffer the consequences.

Even with the situation we are in, the total crypto market received 5,000 USD millions. Total Market capitalization is now 2.63% higher than seven days ago.

Image for post
Image for post

We continue in a dangerous situation, as markets keep high volatility — time to be cautious continues.

The rising wedge finally broke, as expected, now let’s see if it continues going down or reenter into the previous trend line.

About the BTC dominance, is now around important support around the 65% area, if it breaks and goes down, we could see an Alt season even in this weird market.

MASTERNODES MARKET

Dash capitalization grew this week to 699 USD million (+9.56%), as we saw how btc dominance went down. The Dash dominance increased to 65.09%, 4 points more.

The total masternode market capitalization is now at 1,089 USD million. (+4.71%)

If we check today’s data, we have:

Masternodes market 1,089 USD million (+4.71%)

Masternodes market excluding $Dash: 390 USD million. (-6.25%)

About Trittium market capitalization, we are now at 169,709 USD
(-10.89 %).

With 218,055 nodes running, the market lost around 700 masternodes.

2. WHAT DID TRITTIUM DO?

This was the order book on April 5:

Image for post
Image for post

And this is today, April 12:

Image for post
Image for post

In summary:

  • The average trade price is lower, around 18 sats.
  • The buy orders book is much smaller, with 0.113 BTC in buying orders.
  • The sell orders book is more significant, with 1,305,141 Trtt for sale.
  • We have now 49,200,000 TRTT (38.07%) coins locked, 2,800,000 less than seven days ago.

3. PROJECT PROGRESS.

  • Twitter: 1,174 Followers. (+2)
  • Discord: 7890 (+57).

PoCoN last week:

Burned: 94,425
Sent to investors: 10,000

  • Trtt total coins burned: 5,180,800 Trtt.

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

4. trttNodes PROGRESS.

New project listed as cold node: News24

Total masternodes running today, April 12: 3,100.

Keep safe and stay at home.

Thanks for reading!!!!

You can also follow us on the networks below:

Discord

Twitter

Bitcointalk

Reddit

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