BitTorrent
Weekly token report
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Executive Summary
BitTorrent (BTT) is a low-risk token with a market capitalization of $332,755,082, currently trading at $0.000000. Its extremely high circulating supply of 99.7% of 990 trillion tokens suggests minimal future inflationary pressure from new emissions. The project demonstrates strong financial health, boasting a 30-day net revenue of over $2.5 million and a robust Revenue-to-Emissions Ratio of 1.89.
The primary concerns for BTT revolve around extreme centralization, transparency issues, and illiquidity. The top 10 holders control an alarming 99.2% of the supply, indicating significant whale influence and a high concentration risk. Furthermore, the absence of a public GitHub repository and unknown team size, headquarters, and lack of doxxed members for a DAO founded in 2023 raise significant transparency red flags. Finally, the total DEX liquidity of $261,506 is extremely low relative to its market cap, suggesting limited on-chain trading depth despite a high 24-hour volume.
Despite these concerns, BTT exhibits a generally strong security posture with a low risk score of 14/100, including a 10/100 for contract security. The project maintains a moderately sized community with nearly 200,000 Twitter followers and over 66,000 combined Discord and Telegram members. Its strong financial performance, as evidenced by its net revenue and Revenue-to-Emissions Ratio, provides a positive signal regarding its operational sustainability.
Moving forward, investors should closely monitor any initiatives to address the extreme holder concentration and improve on-chain liquidity. Increased transparency regarding development activities, team identification, and formal partnerships would be crucial for long-term confidence. While its low-risk security profile is a positive, the lack of identified active partnerships and a moderate compliance risk with a Regulatory Score of 65/100, including past SEC mentions, warrant careful observation.
Live market data
Price Chart
Risk score
A top holder has reduced their position by 1.1% in the past 24 hours
Holder concentration remains moderately high at 34%
Early signs of distribution imbalance observed across wallets
Liquidity has increased by 12% this week, improving market depth
Active wallets
+2.3%
Liquidity
+$1.2M
Trading volume
+8.4%
Holder count
-6.8%
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