Trittium — Weekly Report #98
July 5 to July 12
1.- WHAT DID THE MARKET DO?
13,000 USD million more invested at crypto in the last week (+5%), not bad at all.
We are in a weird scenario, that’s obvious, perhaps now we can break this long downtrend where we are since 2018, February.
We are trying hard this time, and a lot of money is coming from stocks markets to crypto. We must hope the best, but at the same time be ready for ugly weeks if we don’t break this trendline.
About the Bitcoin price, we continue in the same levels than previous weeks, as expected. Bitcoin must break the trendline around the $9,650 area and later the 10,250 USD resistance to start the mission moon.
We can see real support around the $8,900–9,000 zone; this allows us to keep the faith in a miracle and finally break all the resistances.
When we check the Bitcoin Dominance, as we said seven days ago, the 64% area was reached, and now looks like the actual 63.82% area can hold for some days. If it breaks, 62% is the next target, and the alts will continue rising.
Dash capitalization is now around 691 USD Million, $48 million higher than seven days ago (+7.46%), this fits with the BTC dominance going down.
The Dash dominance went down again to 40,33%, that’s four consecutive weeks going down, in this case, 1.10 points lower than seven days ago.
The total masternode market capitalization grew to 1,691 USD million. (+11.17%.). This data is explained by the Btc and Dash dominance going down at the same time.
If we check today’s data, we have:
Masternodes market cap: 1,691 million. (+11.17%).
Masternodes market excluding $Dash: 1,000 USD million. (+12.1%)
About Trittium market capitalization, we are now at 368,762 USD
With 203 K nodes running, we have the same amount running than seven days ago.
2. WHAT DID TRITTIUM DO?
This was the order book on July, 5:
And this is today, July 12:
- The average trade price is much higher, at around 29 sats.
- The buy orders book is higher, with 0.29 BTC in buying orders.
- The sell orders book is thinner, with 507,487 Trtt for sale.
- We have now 38,850,000 TRTT (30,06%) coins locked, 2,300,000 more than seven days ago.
3. PROJECT PROGRESS.
- Twitter: 1,208 Followers. (-29)
- Discord: 7,731 (-43).
PoCoN last week:
Sent to investors: 12,275
- Trtt total coins burned: 6,212,098 Trtt.
- Trtt total coins sent to investors: 1,673,702 Trtt.
4.- trttLoans Project
First testing phase for Loans is finished, and most of the situations have been tested and fixed, now we will start the last simulations and complete the testing phase before launch.
5. trttNodes PROGRESS.
Actual amounts at the platform: