BitTorrent (BTT)
Decentralized file sharing incentive token on TRON/BitTorrent network.
Ranked 225th of 251 rated tokens. Scoring pass 18 Sept 2026.
What the numbers say
BTT scores 76 of 250 across the 25-variable framework, which places it 225th of 251 rated tokens and inside the bottom quartile of the set. The framework verdict is PASS.
The score rests on Exchange Depth 5/10, 73rd of 251.
Against the same universe, BTT sits in the bottom third on Catalyst Calendar 2/10, 222nd of 251, Smart Money Flows 2/10, 217th of 251, Regulatory Safety 4/10, 213th of 251 and Developer Activity 3/10, 208th of 251. These are the variables that would have to move for the verdict to change.
99.7% of eventual supply is already circulating, so vesting is not a live risk for BTT. Price has to be justified by demand rather than absorbed against a cliff.
BTT trades 89.5% below its all-time high of $0.000003. Recovering that level is a 9.5x move, not a 89.5% one, which is the arithmetic most drawdown charts hide.
The framework score gained 76 points against the previous pass (0 to 76). Revisions of this size follow a change in the underlying variables, not a change in price.
BTT clears 7 of 10 on none of the 25 variables. Its best three are Exchange Depth at 5, Active Users at 4, Competitive Moat at 4. The market does pay for Exchange Depth and Active Users, so even the little that works here is already in the price. It is weak on Market Share, Institutional Adoption, Catalyst Calendar and Social Mindshare, which the market does price, so that damage is already done and visible in the valuation.
25-variable breakdown
Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.
Cash flow
| Protocol Revenue | 2 | 166th of 251 | |
| Revenue Trend | 2 | 191st of 251 | |
| P/S Multiple | 3 | 182nd of 251 | |
| Real Staking Yield | 3 | 143rd of 251 |
Supply
| Supply Inflation | 3 | 199th of 251 | |
| Vesting Schedule | 4 | 181st of 251 | |
| Circulating / FDV Ratio | 4 | 203rd of 251 | |
| Buyback and Burn | 2 | 114th of 251 |
Ownership
| Smart Money Flows | 2 | 217th of 251 | |
| Insider Selling | 4 | 151st of 251 | |
| Holder Concentration | 3 | 197th of 251 |
Traction
| TVL Trend | 2 | 189th of 251 | |
| Active Users | 4 | 91st of 251 | |
| Developer Activity | 3 | 208th of 251 | |
| Network Growth | 3 | 156th of 251 |
Position
| Market Share | 3 | 131st of 251 | |
| Competitive Moat | 4 | 114th of 251 | |
| Institutional Adoption | 2 | 192nd of 251 | |
| Exchange Depth | 5 | 73rd of 251 | |
| Social Mindshare | 3 | 157th of 251 |
Risk
| Regulatory Safety | 4 | 213th of 251 | |
| Catalyst Calendar | 2 | 222nd of 251 | |
| BTC Alpha Potential | 2 | 200th of 251 | |
| Team Execution | 3 | 208th of 251 | |
| Treasury Runway | 4 | 181st of 251 |
The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.
Catalyst and risk
Next catalyst
Decentralized file sharing and torrent incentives on BitTorrent Chain.
Principal risk
Limited DeFi utility and reliance on legacy BitTorrent user base.
Market and supply
| Price | $0.000000 |
| Market cap | $357.4Mrank 131 |
| All-time high | $0.00000320 Jan 2022 |
| Circulating supply | 987,037,885,840,675 |
| Eventual supply (max supply) | 990,000,000,000,000 |
| Dilution to full supply | 1x |
| Listed on | Binance, Bybit, KuCoin |
Price, market cap, supply and all-time high from CoinGecko, fetched 7 Oct 2026. The 25 scores come from the research pass dated 18 Sept 2026 and don't move with price.
Tokens with a similar profile
These are the closest matches to BTT measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.
BTT compared head to head
Both sides of each comparison were scored by the same framework in the same pass, so the gap between them is a measurement rather than two readings taken with different rulers.
Common questions
- What is the Early Thunder score for BitTorrent (BTT)?
- BTT scores 76 out of 250 on the 25-variable framework, ranking 225th of 251 rated tokens (bottom quartile). The framework verdict is PASS.
- What are BTT's strongest fundamentals?
- BTT ranks highest on Exchange Depth 5/10, 73rd of 251. Ranks are measured against all 251 tokens in the same scoring pass.
- What are the weakest parts of the BTT thesis?
- BTT scores in the bottom third of the universe on Catalyst Calendar 2/10, 222nd of 251, Smart Money Flows 2/10, 217th of 251, Regulatory Safety 4/10, 213th of 251 and Developer Activity 3/10, 208th of 251. The single risk carried on the scorecard is: Limited DeFi utility and reliance on legacy BitTorrent user base.
- How much BTT supply is still to enter circulation?
- 99.7% of eventual BTT supply is circulating today, leaving 1x the current float still to arrive. At a flat price per token that is 0.3% of fully diluted value ahead of current holders.
- How far is BTT from its all-time high?
- BTT trades 89.5% below its all-time high of $0.000003. Returning to that high requires a 9.5x move from the level used in this scoring pass.
- Which tokens have a similar profile to BTT?
- Measured on the shape of all 25 scored variables rather than on price, the closest matches to BTT are WAXP (81), AUDIO (101), GMT (101) and APE (102). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
- What is the next catalyst for BTT?
- Decentralized file sharing and torrent incentives on BitTorrent Chain.
Keep reading
Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.