BitTorrent's coin has set a new all-time high.
Over the week the price of BitTorrent (BTT) has increased by 258.41%. However, after reaching the level of $ 0.012, a rapid pullback followed.
BTT entered the top 10 cryptoassets on Monday with a market cap of $ 12.79 billion, according to CoinMarketCap.
The BitTorrent team recently announced the upcomingan upgrade that will increase the decentralization of the network. In addition, Poloniex announced the addition of BTT staking two weeks ago. This could have driven the BitTorrent price soaring.
In the last week, there has been a strong revival in the altcoin market. XRP is already trading above $ 1. Ethereum (ETH), Binance Coin (BNB), Polkadot (DOT), and XRP are up over 20% in the past week.
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