Trust Wallet Token (TWT) Tallies 22% In Last Week, Will It Test $1 Mark?

Amid the recent regulatory hurdles in the crypto market, Trust Wallet Token (TWT) still managed to show bullish momentum, boasting an impressive growth rate of 22% in the past week. This rapid increase has sparked speculation and curiosity among traders and investors about whether TWT will reach the highly anticipated $1 mark.

Timeline of Trust-wallet-token

At a time when the digital currency ecosystem is seeing a dominant price slip, tokens with positive momentum typically stand out. Trust Wallet Token (TWT) is one such token whose growth has been extraordinary in the past 24 hours.

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.

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.

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.

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.