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BitTorrent (BTT) Price Predictions: Can the BitTorrent Token Blow Past 1 Cent? BTT would be a big beneficiary of a potential crypto rally June 11, 2021 By Brenden Rearick, InvestorPlace Assistant News Writer Jun 11, 2021, 2:33 pm EDT June 11, 2021
BTT-USD
) has been seeing a lot of chatter in recent months. The native token of the peer-to-peer file sharing platform crashed significantly during the crypto market correction. Now, investors want to know if the famed protocol can pull itself together and leverage significant gains. As such, BitTorrent (BTT) price predictions are cropping up.
Source: Shutterstock
Tron (CCC:
TRX-USD), a blockchain ecosystem focusing on content sharing, bought BitTorrent in 2018. The company gave it a makeover, complete with its own native token, BTT.
May 19, 2021
Northern Dynasty Minerals (NYSEAMERICAN:
NAK) stock a gamble worth taking? On one hand, if this junior miner is able to proceed with its Pebble Project in Alaska, it could possibly reap tremendous windfall. On the other hand, there’s little chance of this project getting the green light.
Source: allstars / Shutterstock.com
Why? Chalk it up to environmental concerns. Despite the long-shot odds, the company is fighting to win over regulators. Will they prevail? Right now, I wouldn’t bank on it. But, is it worth betting on it? Even if it’s basically like buying a lottery ticket, as
Castor Maritime (NASDAQ:
CTRM), which used the gullibility of small investors to buy cargo ships. Stocks with tiny market caps are easy to manipulate. All it takes is a story.
Our Matt McCall surmises that Naked Brands became attractive simply because of its ticker symbol, NAKD. It’s the kind of thing middle-school boys will snigger about in hallways, and many WallStreetBets players are no smarter.
But much like
AMC Entertainment (NYSE:
AMC), which used its short squeeze to recapitalize with stock, Naked Brands management seized its 15 minutes of fame. They sold stock to put over $200 million on the balance sheet. They are dumping Bendon, the store chain that had been behind the company in the first place. Now they claim to be an e-commerce play with cash on the balance sheet, hungry for acquisitions. That’s why the shares aren’t back down to 22 cents.