Trittium — Weekly Report #52

August 11 to August 18

1.- WHAT DID THE MARKET DO?

As we all know, this week, the market lost size. We have reached 264,654 USD millions, 31,000 million less than last week, -10.50%.

About Bitcoin, he made what expected, as we said in previous reports, continuing with the downtrend.

About BTC Dominance, last days price behaviour didn’t help to alts. And for now, BTC keeps a too high ratio of 69.96%.

MASTERNODES MARKET

Dash continues to fall, adding five consecutive weeks. Dash market cap is now at 831 million (-10.16%).

Dash dominance, at 51.96%, is 3 points less than seven days ago.

About masternodes market capitalization, this is the graph (Saturday 17 data):

If we check Saturdays closing data, we have:

Masternodes market 1,584 USD million (-7.96%)

Dash market capitalization 831 USD million. (-10.16%)

Masternodes market excluding $Dash: 753 USD million. (+0.00%)

About Trittium market capitalization, we are at 925,187 USD (+15,13%).

With around 221,000 nodes running, we have now 6,000 nodes less than seven days ago.

2. WHAT DID TRITTIUM DO?

Good week for trittium, no doubt.

If we see the actual situation from a TA view, we are over the significant resistance around 62 sats (As said last week) and now we must go through the MA100 (blue line) to be able to continue growing in price. This will not be an easy task, as we can see how previously we have not been able to break it.

About price and market orders, This was the order book on August 11:

And this one is today, August 18:

In summary:

  • The average trade price is higher than the previous week, 66–70 sats.
  • The buy orders book is similar, with 0.41 BTC in buying orders.
  • The sell orders book is much thinner, with 1,170,000 Trtt for sale.
  • We have now 23 masternodes in sell orders and 12 in buying orders. The ratio is better to seven days ago.
  • We have now 64,600,000 TRTT (50.83%) coins locked,1,650,000 coins less than seven days ago, perhaps this is because a platform fails we have had.

This week trtt got better numbers than the previous one. If we compare Trititum with the alts and masternodes market, we have had a wonderful week.

3. PROJECT PROGRESS.

  • Twitter: 839 Followers. (+9)
  • Discord: 7,294 members (-0.11%).
  • PoCoN This week:( August 11 to August 18)
    Burned: 139,036
    Sent: -
  • Trtt total coins burned: 1,826,978
  • We continue with our Burning Month!!!

4. trttNodes PROGRESS.

Last week data:

And today:

Instant Masternodes Running: +1.34%
Cold nodes running: +6.8%
Investments: +1.99%

  • We reached 2,000 nodes running. To celebrate it, we extend one week more the cold nodes hosting promotional price (0.49 €/mont per node).

We continue!!!!!

Thanks for reading, don’t forget to clap!!!!

You can also follow us on the networks below:

Twitter

BetweenBlocks

Bitcointalk

Reddit

Discord

Trittium.cc

Written by

Tritium is a revolutionary intermediary platform that allows for fast and easy peer-to-peer loans backed by crypto collateral.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade