Trittium - Weekly Report #23

January 21 to January 28

It looked like we were going to have a quiet week, even some alts were having a good time… but it couldn’t be, we had another red week.

-6.3%, that is, 7,650 USD millions less than last week are invested in crypto.

Bitcoin dominance, 53,71%, 1 point more than last week…. this is not alt season, for sure.

Also, another bad data, in the last 2 days the Alts lost 10% of their total Martek Capitalization….. that's the 80% of what they lost since Jan 1.

Alts last 2 days

MASTERNODES MARKET

$Dash is now at his lower price of the year, $ 67,19, and his market capitalization is now at 576 USD millions, -4.1% less than last week.

About $Dash dominance, it is now at 52,92% 0.7 points less than last week.

Masternodes total market capitalization

Since last week these are the big data changes:

Total Masternodes market, 1,067 USD million.(-3.08%)

$Dash market capitalization: 576 USD million. (-4.1%)

Masternodes market excluding $Dash: 491 USD millions.(+0.82%)

About Trittium market capitalization, we are now at 833,000 USD.

With 247,264 nodes running, not big changes, but in a downtrend.

2. WHAT DID TRITTIUM DO?

As commented in Report 22, retrace was needed, I thought it could be around 220–230 sats, but the market took us to 200 sats, fair enough. I think we will not see lower prices this week.

About price and market orders, This was the order book on January 20:

And this one is today, January 28:

In summary:

  • The average trade price is much lower, as expected, around 220 sats
  • The buy orders book is similar, with 2,31 $BTC in buying orders.
  • The sell orders book is similar to last week, with 588,000 $Trtt for sale.
  • We have now less than 12 masternodes in sell orders and 21 masternodes in buying orders. The ratio is similar to last week.
  • We have fewer coins locked at nodes now with 59,150,000 TRTT (53,79%). That much fewer coins locked than the last report.

3. PROJECT PROGRESS.

  • We are really near to our next 200,000 Trittium coin Burn.

Once coin burn happens, we will start with PoCon for all the Trittium investors!!!.

4. trttNodes PROGRESS.

This week our devs didn't stop, as they have been doing maintenance into the platform; also a lot of wallets must be updated at the same time. We apologize for any inconvenience caused.

  • We remember you that the 2 new coins listed at trttNodes platform come with free hosting!!!
  • We are working on a new landing page for the trttNodes platform, also on a new intern design and correct some bugs.

Stay tuned!!!

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