Trittium — Weekly Report #93

May 31 to June 7

Image for post
Image for post

1.- WHAT DID THE MARKET DO?

The market finally grew in 4,000 USD million this week, pleasant data, but the week also includes a “BART design” around June, 2.

Regarding the btc price, looks like markets try to break the 10,000 USD resistance, but only find rejections around such area. At the same time, tendency lines also reject such an option.
We need to break it soon to see the Bitcoin price moon. Otherwise, we will revisit the 8,800 USD area.

About the BTC dominance, I think this parameter is a critical one these days, as we are near to know if this tendency support holds or not. In case it doesn’t we will see a real ALTSEASON, if it does, just sell your bags. I think this chart explains the situation clearly.

We are now at 65.78% Bitcoin Dominance, near the expected 65,50% area. In such a point, we will see if it holds or not.

MASTERNODES MARKET

Dash capitalization is now around 742 USD Million, three more than seven days ago (+0.4%), not a significant change.

The Dash dominance went down to 46,45%, that’s 7.5 points lower than seven days ago. This is related to the Bitcoin dominance going down, as some alts, like Divi, are growing fast, and Dash, just kept his capitalization.

The total masternode market capitalization grew to 1,586 million.+18.53%.

In these numbers, Divi deserves particular comment, as his capitalization went to 83 USD million.

If we check today’s data, we have:

Masternodes market cap: 1,586 million.(+18.53%).

Masternodes market excluding $Dash: 844 USD million. (+36.34%)

About Trittium market capitalization, we are now at 209,746 USD
(+6.02 %).

With 208,265 nodes running, the total amount of running nodes keeps the same data than seven days ago.

2. WHAT DID TRITTIUM DO?

This was the order book on May 31:

And this is today, June 7:

In summary:

  • The average trade price is similar, around 16 sats.
  • The buy orders book is similar, with 0.170 BTC in buying orders.
  • The sell orders book is higher, with 1,639,433 Trtt for sale.
  • We have now 38,400,000 TRTT (29,71%) coins locked, 750,000 less than seven days ago.

3. PROJECT PROGRESS.

  • Twitter: 1,225 Followers. (+5)
  • Discord: 8,207 (-83).

PoCoN last week:
Burned: 82,719
Sent to investors: 20,415

  • Trtt total coins burned: 5,871,996 Trtt.
  • Trtt total coins sent to investors: 1,606,160 Trtt.

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

Rewards address: https://chains.trittium.cc/TRTT/address/TT8AtYfiP1JXHzPRwpWyPK47WiDbV43MJE

4. trttNodes PROGRESS.

Tensor project -TNSR- has been listed at the trttNodes platform as Cold node and as Insta Node.

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