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BitTorrent launches new software, BTT drops by 10% in response

  • BitTorrent has released new software that will be downloaded and installed with uTorrent
  •  BTT token reacted negatively, losing over 10% in a matter of hours.

TRON Foundation and BitTorrent launched new software called Bittorent Seeds that will make torrent file downloads faster and more efficient.  

“Today is a huge day for all of us. BitTorrentSpeed will change the way people torrent and adopt the uses of cryptocurrency and blockchain!” BitTorrent wrote in an official Twitter account.  
 

Among other things, the new software supports BTT token. Users may earn coins by being seeders and manage their digital proceeds via a dedicated wallet.  

Currently, the application is available only for Windows users.  
 

“TRON has completed early integration work of its two decentralized networks – TRON and BitTorrent – with the launch of BitTorrent Speed. We expect to gain amazing feedback from early users, and look forward to adding features that will make the BitTorrent protocol better for millions of users,” said Justin Sun, founder of TRON and CEO of BitTorrent said in a press release.

Notably, BTT token was growing steadily but crashed by 10% right after the news release. At the time of writing, BTT is changing hands at $0.0012, down 5% on a day-on-day basis. The coin tales the 37 place in the global cryptocurrency market rating with the market capitalization of$273 million.

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