Trust Wallet Dispels TWT Binance Delisting Rumors as FUD
The Trust Wallet team addressed rumors circulating on X (formerly Twitter), clarifying that Binance would not delist the TWT token.
Keep up with what's happening in the crypto world in real-time.
The Trust Wallet team addressed rumors circulating on X (formerly Twitter), clarifying that Binance would not delist the TWT token.
Digital coins displayed bullish signals on Tuesday as the global cryptocurrency market cap increased by 3.20% within 24 hours to $2 trillion. That reflected solid recoveries from the latest bearish slide, which dumped Bitcoin to $52.8K on September 7.
In the ever-evolving world of cryptocurrency, change is constant. Trust Wallet's native token (TWT) faced a 7.39% decline in value following the launch of Binance's competing Web3 wallet.
Binance's new self-custodial crypto wallet will be tied to the exchange's infrastructure, and users won't be able to export private keys.
TrustWallet's native token [TWT] has plunged over the past few hours after Binance, the exchange that acquired TrustWallet in 2018, releases its own competing web3 wallet.
One of the year's top blockchain and web3 events, Binance Blockchain Week, is set to begin tomorrow, Nov. 8.
A new cycle means capital will rotate from one asset class to the other. This time, these top performing cryptos will blow the others away.
In a day marked by significant developments in the cryptocurrency realm, Trust Wallet token (TWT) took center stage with a remarkable 22% surge in its value. The catalyst for this surge was the long-awaited listing of TWT on Binance futures, a move that instantly propelled the token's price to $1.3568, its highest level since April 2023.
The crypto prices today have moved towards the south, draining out gains from the broader market on Friday, November 3, 2023. Although there is no apparent news for the recent market slump, it appears that investors are staying on the sideline after a robust rally over the past few weeks.
TWT price rose over 15% during the past week, after Trust Wallet announced a major rebranding upgrade.
With altcoins finding support levels to find the nearest footing as Bitcoin stabilizes at around $28K, TWT price retests the $1 mark. The ongoing retest and the lower side rejection increase the support to a bull run possibility in the Trust Wallet Token price.
In the fast-moving world of cryptocurrency, the Trust Wallet token has made a stunning breakthrough, surging 25% in just four days. This surge comes on the heels of a significant move when the token decisively broke through the $0.99 neckline of the Double Bottom Pattern.
During the initial part of October, sellers had the upper hand as the crypto market underwent a notable correction. This correction affected not only the market leaders like Bitcoin and Ethereum but also resulted in a retracement in many major cryptocurrencies due to increased selling pressure.
The TWT price displays a sharp increase in bullish momentum in the first few days of October. With the spirit of Uptober clearly visible in the TWT uptrend, the possibility of a prolonged uptrend is skyrocketing for Trust Wallet tokens. Before the uptrend rally, the TWT coin price moved sideways between $0.80 and $0.95.
By now, Bitcoin has grown to the point where crypto investors do not expect very large returns from it and are now looking toward altcoins that could provide the kind of returns they seek. However, with thousands of altcoins circulating in the crypto market, it can become quite hard to pick the coins that could end up doing well.
In the realm of content creation, three key elements hold significant sway: “perplexity,” “burstiness,” and “predictability.
Trust Wallet Token (TWT) seems untouched by the crypto market decline, holding a nearly 20% seven-day gain while top coins recede. After finding support at $0.79, it rallied above the $0.94 resistance, flipping it to a new support level today.
During the past week, Bitcoin mostly traded sideways, facing resistance around the $28,500 level. This resistance has had a slight negative impact on the overall cryptocurrency market.
In the recent trading week, the leading cryptocurrency Bitcoin, traded largely sideways as it struggled to break past the 28,500 level. This looming supply pressure has nudged a slight decline across the crypto space, yet, selective altcoins, as highlighted below, have managed to defy the overarching market uncertainty, carving a bullish narrative of their own.
In a week marked by relative stability in the cryptocurrency market, Trust Wallet's native token, TWT, has defied the odds, surging by an impressive 22%. At the time of writing, TWT is trading at $0.946, a notable increase from its $0.773 value just one week ago.
A top-100 crypto wallet altcoin has surged by more than 22% this week, outpacing the vast majority of the digital asset market. The utility and governance token for the mobile wallet app Trust Wallet (TWT) is trading at $0.946 at time of writing, up from $0.773 one week ago.
Trust Wallet Token enjoys a price boom after the team teases the crypto community.
Bitcoin (CRYPTO: BTC) moved higher, but the cryptocurrency prices remained below the $28,000 level on Thursday. Ethereum (CRYPTO: ETH), meanwhile, edged higher, trading above the key $1,600 mark this morning.
In a remarkable turn of events, Trust Wallet Token (TWT), the native token of one of the leading crypto wallets Trust Wallet, has been on a relentless upward trajectory, capturing the attention of crypto enthusiasts and traders alike.