Chain (XCN), Trust Wallet Token (TWT), and Filecoin (FIL), Lead The Crypto Market Altcoin Rout

The five altcoins that decreased the most in the crypto market last week are XCN, TWT, FIL, LDO and CHZ The post Chain (XCN), Trust Wallet Token (TWT), and Filecoin (FIL), Lead The Crypto Market Altcoin Rout appeared first on BeInCrypto.

Timeline of Filecoin, Trust-wallet-token, Chain

Filecoin (FIL) is a cryptocurrency that powers the Filecoin network, a decentralized peer-to-peer file storage network that aims to allow anyone to store, retrieve, and host digital information. FIL tokens are used as payment for these services as well as a financial incentive to guarantee that files are consistently stored over time.

The core CPI data from the US Labor Department last week saw a move upward to $18k for Bitcoin, but those gains were quickly wiped out. Stock market indices such as S&P 500 posted losses last week and were likely to continue trending lower this week.

Trust wallet has now integrated THORchain's technology to enable cross-chain crypto swaps in the app. The feature will eliminate the need to use fiat onramps or complicated cross-chain swaps to complete swaps across blockchains and at zero fees.

The latest Filecoin price analysis is showing signs of an upward trend as the price has undergone a significant improvement in the last 24-hours. The bullish upswing has resulted in a remarkable improvement in the price as its value has upgraded to $4.38.

Filecoin price analysis shows that the price of FIL/USD has followed a strong upwards trend in the last 24 hours. The price has continued a positive movement, increasing significantly, barely shying away from the $4.18 mark.

The Filecoin price analysis is indicating a decline in the price today. The bears have won the leading position as the selling pressure has formed again and the price is decreasing again.

Arguably one of the most powerful man in crypto has just put his official endorsement on Trust Wallet Token, pumping TWT price. The post Is Trust Wallet Token (TWT) Price Pump a Reason to Turn Bullish?

As most cryptocurrencies battle to contain losses triggered by the FTX exchange collapse, the Trust Wallet Token (TWT) continues to record gains in defiance of the general market sentiment. 

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.