Trend of Tokenization Series: Intricacies of BTT Airdrop for TRON (TRX) Holders

In this post, we run you through Binance’s support for the BitTorrent’s (BTT) airdrop program for TRON (TRX) holders.

From last February 2019, on the 11th day of every month, TRX token holders on Binance are airdropped Bittorrent token (BTT) directly into their exchange accounts.

The concept of tokenization is buzzing word, we learned tokenization market is getting more traction and is reportedly valued millions of USDs and is expected to grow exponentially by the end of 2023 with a swift pace of CAGR between 2017 and 2023. This is possible mainly because of robust Blockchain technology’s unique properties to tokenize the assets are commendable and potential seems to be infinite.

The amount of airdrop increases year-on-year and is designed to promote the BitTorrent token ecosystem by utilizing the support of an already active token community. 

The upcoming drop has failed to create much buying support for TRX, however, potentially because the price of BTT has slid over 35% since the 6th of February.

2019/03/11 - 2020/02/11: 990,000,000 BTT airdropped to TRX holders on the 11thday of each month during this period. Courtesy: BNC

Currency Strength Index: FxWirePro's hourly BTC spot index is flashing -135 (which is highly bearish), while hourly USD spot index was at -4 levels (neutral) at 12:06 GMT. 

For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex