Trust Wallet Token (TWT) rose By More than 100% even after the FTX Collapse
The Trust Wallet tokens (TWT) have been rising high in the past few days, The BEP-20 utility token remains unaffected by the current FTX market collapse and kept rising. The market prices of (TWT) rose high by more than 125%, as per monthly highs with a huge influx of buying volume. The Trust Wallet is specifically designed for Ethereum and Ethereum-based tokens. It also offers to send, receive or exchange the tokens instantly.
The native token, of Trust Wallet TWT, recently marked an ATH at $2.31. With a market surge of 126.02% in the past weekend. Meanwhile, the price is facing a slight down but it appears to hold above $2. This may trigger another bullish wave for TWT very soon.
Technical analysis of native Trust wallet token (TWT)
The Trust Wallet token has been trading in bullish influence resulting in huge buying volume and market demand in the past few days. With another upward swing, TWT price may reach a new level of ATH above $2.8 or close to $3. This can be predicted due to the upward trend even after the FTX collapse, which has a huge impact on the overall market and its dealings.
Market demand & volume of TWT –
The transaction count denotes the total number of daily confirmed transactions. And market volume reflects the total of all the trading that occurred in a centralized & decentralized format in a certain time frame. Both can be taken as indicators to point out the popularity & strength of the crypto asset. As it points out the number of participants & liquidity involved in the trade.
Predictions for the native token –
As the native token seems to rise high in a bullish trend in the Crypto asset. Also, the market demand and market demand seem quite high for the asset.
The market trends have shifted towards TWT crypto. And a rise in the volume may be expected soon. Hence an upswing may be expected in the coming days. The native coin TWT may touch the $3 mark.
