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As users flee exchanges and turn to noncustodial wallets amid FTX (CRYPTO: FTT) collapse, Trust Wallet's native token (CRYPTO: TWT) has rallied more than 100% in the past seven days. What Happened: TWT, is presently up 17.88%, trading at $2.19 and now ranks as the 44th largest cryptocurrency in terms of market capitalization, according to CoinMarketCap.
The integration with Binance Pay and Coinbase Pay, as well as CZ's positive words, have pushed TWT a lot higher.
A leading analytics firm is keeping a close watch on Trust Wallet Token (TWT) after the mid-cap altcoin skyrocketed 143% within seven days. TWT is the native asset of Trust Wallet, a non-custodial app that allows users to have full control over their crypto assets.
The exponential rally in Trust Wallet Token prices stalled at the $2.5 resistance. However, the daily chart shows several long-wick rejection candles, and reducing volume indicates the prices trigger a bearish reversal.
A cryptocurrency that now has nearly $1 billion in market capitalization, the Trust Wallet Token ($TWT), has been bucking the bearish trend that hit the cryptocurrency space in the wake of FTX's collapse with a surge of over 130%. According to data from CryptoCompare and TradingView, Trust Wallet Token's price moved from around $1.
Despite current market conditions, the official Trust Wallet token (TWT) has posted impressive gains in the last 7 days. TWT saw an impressive rise of over 97% on its week-on-week chart.
An exodus from centralized cryptocurrency exchanges after FTX's collapse appears to be the primary reason behind Trust Wallet Token's massive rally.
Binance CEO, CZ, suggests self-custody for investors protection; recommends Trust Wallet Trust Wallet Token makes 50% profit for holders with potential to abide in the bullish region for an extended period Trust Wallet Token [TWT] appreciated more than 50% in the last 24 hours after Binance CEO CZ suggested investors use decentralized exchanges.
TWT, the native token for Trust Wallet, has been on a massive bull run over the past few weeks. At the time of writing, TWT was trading at $2.27 after a 7.5% gain in 24 hours. The token is also up 92% over the past week.
Over the past couple of weeks, the events that played out have led people to consider Decentralized wallets and exchanges over their centralized counterparts. The post DYDX and TWT Prices Soar as Decentralized Services Become New Safe Havens appeared first on BeInCrypto.
TWT has gained nearly 106% and now ranks as 42nd largest cryptocurrency
As most cryptocurrencies suffered heavy losses following the collapse of FTX last week, Trust Wallet Token bucks the trend, growing 58% over the last 24 hours. The post Gravity of ‘not your keys, not your coins' hits home as Trust Wallet spikes 113% to new ATH appeared first on CryptoSlate.
After recording losses last week, cryptocurrency prices saw some recovery this morning, with prices for Bitcoin (CRYPTO: BTC), the most valued cryptocurrency in the world, trading slightly higher on Monday. Ethereum (CRYPTO: ETH) recorded gains, but remained below the $1,300 mark on Monday.
Binance CEO Changpeng Zhao highlighting the importance of the trust wallet token amid the FTX-crypto exchange collapse, influenced investors' concern for the safety of their assets. As a result, the TWT price witnessed a significant inflow and a massive bull run.
Trust wallet tokens, Atomic wallet coins, Block wallet tokens, and math wallet tokens, amongst others, averaged over 22% ROI last week. At press time, the trading volume of these non-custodial wallet tokens surged 4 times, with their market cap rallying over 50%.
Just a day after Binance CEO Changpeng "CZ" Zhao called on cryptocurrency users to take “personal control” of their digital assets using Trust Wallet, the app's native token, TWT (CRYPTO: TWT) hit a record high. Apex cryptocurrency Bitcoin (CRYPTO: BTC) plunged 23.69%, failing to regain the $20,000 mark, while Ethereum (CRYPTO: ETH) declined by 25.
Its TWT token has risen +1,900% in less than two years, and is now at an all-time high
Amid FTX Exchange's collapse, the token powering self-custody crypto wallet Trust Wallet has soared as users flee exchanges.
CSPR's price remains strong despite price facing rejection from a high of $0.055 as the price holds above the key support area. TWT breaks out of a descending triangle as the price looks strong despite Bitcoin (BTC) dragging market prices down.
BeInCrypto takes a look at five projects that beat the crypto market last week, more specifically, from Oct. 14 to Oct. 21. The post Why CSPR, TWT, TON, MKR, and AAVE Are Outperforming the Crypto Market appeared first on BeInCrypto.
TWT's price shows strength as the price breaks out of a downtrend with good volume with eyes set on $1.5. TWT bounced from a low of $0.88 as the price rallied to a high of $1, preparing for a rally as the price showed bullish signs.
Smaller cap crypto projects are something every investor should be aware of. Investing is not only a matter of picking the right project but also picking the right project at the right time.
Altcoins could be seen countering each other's drawdowns and rallies today, with the downtrend dominating the crypto market.
Although fluctuations in the cryptocurrency market continue, some of its digital assets are recording solid weekly gains, including the recently
