BitTorrent(New) vs Raydium — how do they compare? BitTorrent(New) trades at Rp0.0046418 (market cap Rp4,59T, Rp96,26M 24h volume), while Raydium trades at Rp11,213 (market cap Rp3T, Rp110,62M 24h volume). The key difference: BitTorrent(New) is the larger of the two by market cap, and Raydium's supply is capped (269,5M / 555M RAY (49%)) while BitTorrent(New)'s keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold BitTorrent(New) for 135 Days and Raydium for 25 Days on average.
| BTTC | RAY | |
|---|---|---|
Market Cap | Rp4,59T | Rp3T |
Volume (24h) | Rp96,26M | Rp110,62M |
Circulating Supply | 987T BTTC | 269,5M / 555M RAY (49%) |
Typical Hold Time | 135 Days | 25 Days |
What Pluang investors did over the last 30 days
BitTorrent (BTT) is a popular peer-to-peer (P2P) file sharing and torrent platform which has become increasingly decentralized in recent years. Originally released in July 2001, BitTorrent was purchased by blockchain platform TRON in July 2018.
Read more on BTTC →Raydium (RAY) is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks.
Read more on RAY →