IMO, the BTT is a BitTorrent token, other than that I believe there's nothing more special about it, Anyway I think the team has tried to fish in the market because they were inspired by the meme coins like Shiba Inu's success that's why there's nothing new and special about it. just like others, it was bound to remain as it is just like the same old BTT with increased token supply status nothing more nothing less! just saying.
There was a torrent company called bit torrent and I think that was the inspiration of the original bit torrent coin but not just an inspiration like what meme coin devs have in mind before they make their coin but I think the creators of the bit torrent coin has a legit connection with the bit torrent company but I don't know about the other one if it has connection to the original bit torrent coin or not.
It doesn't make sense to create a new coin when the network is still the same (tron). On the other hand, most meme coins are being created on the bsc network so I am not sure if the new one is a meme coin or not. The volume of it also high and verified because there is that little blue check icon.