Binance Launchpad (BTT)
BitTorrent is a popular peer-to-peer file sharing platform that has become a huge success after being selected by the world’s largest cryptocurrency exchange’s Launchpad.
TRON’s Justin Sun saw its potential and bought it for $140 million, this was mainly due to its native BTT token. BTT had met the conditions for Binance condition for admission into the Launchpad program; potential for growth and development of the crypto ecosystem at large, large-scale adoption ready, strong and committed team and was also a relatively matured project. Binance and Justin Sun had partnered to sell the coin whose sale result was very successful, in just 20 minutes, the entire supply of $59 billion tokens was sold.
This sale was so big that it even caused some minor technical hitches on the exchange. Analysts say that the sale would have been concluded in seconds if it was not for the glitches. Those who succeeded in buying the BTT tokens have made returns of up to 787% since the sale!