Trittium — Weekly Report #96
June 21 to June 28
1.- WHAT DID THE MARKET DO?
10,000 USD million, that’s the amount lost in the crypto market capitalization. It looks not too much (-3.75%), but if we take into account that we should be increasing it if we want to attack the 9,500 area, that’s not a good signal, for sure.
About Bitcoin, the situation is clear, we continue into the expected area, with strong support around the $8,800 zone. So really nothing changed as we are around the point where we are strong enough. The market should grow in the next days, trying to break the 9,550 and later the 10,350`s to be able to continue for a real moon mission.
About the BTC dominance, the market loves to play with us, and that’s what happened again if we look into it.
After several weeks, from June 23 to June 27 looked like the dominance was under the tendency, and the triangle finally was not supporting it. But it was a fake breakout, as yesterday Dominance went back into the triangle, sinking the Alts market (and to investors with it) with the actual 66,20% dominance. We need it to break clear to see the altseason.
Dash capitalization is now around 643 USD Million, 34 under past week numbers (-5.02%). As dominance is higher, Alts capitalization only can go down.
The Dash dominance went down to 42,56%, that’s two weeks going down, in this case — 1.77 points lower than seven days ago.
The total masternode market capitalization went down to 1,488 USD million. (-1.19%.)
If we check today’s data, we have:
Masternodes market cap: 1,488 million.(+0.93%).
Masternodes market excluding $Dash: 845 USD million. (+1.68%)
About Trittium market capitalization, we are now at 297,035 USD
With 202,406 nodes running, the total amount of running nodes is similar to the previous week.
2. WHAT DID TRITTIUM DO?
This was the order book on June, 21:
And this is today, June 28:
- The average trade price is higher, at around 23 sats.
- The buy orders book is deeper, with 0.325 BTC in buying orders.
- The sell orders book is much smaller, with 589,834 Trtt for sale.
- We have now 36,650,000 TRTT (28,36%) coins locked, 750,000 more than seven days ago.
We can say now that the numbers look finally much better than seven days ago. Perhaps we may be close to seeing the end of the slow descent that has brought us to this situation.
Today we can see an increment in the aim to buy and a meager amount of coins to sell compared with the previous months.
Even the locked coins are higher, but this indicator means not too much actually, as low ROI makes people to not deploy masternodes because of the hosting costs.
3. PROJECT PROGRESS.
- Twitter: 1,239 Followers. (+2)
- Discord: 7,768 (0).
PoCoN last week:
Sent to investors: 13,661
- Trtt total coins burned: 6,090,306 Trtt.
- Trtt total coins sent to investors: 1,652,316 Trtt.
4.- trttLoans Project
Yes, a new section. Aas the trttLoans platform is on internal tests and the launch is coming in the next weeks. We can start to show some activity around this new Trittium feature.
As you know, trttLoans is a new P2P lending platform open to everyone.
In the first steps will cover only crypto loans, but later we will also manage crypto-fiat credits.
These are some screens, as the platform is working and we are making some internal test with our community.
Loan request image: