TWT, GMX, TON, CHZ, LDO Lead Crypto Market Recovery

BeInCrypto takes a look at five projects that beat the crypto market last week, more specifically, from Nov. 11 to Nov. 18 The post TWT, GMX, TON, CHZ, LDO Lead Crypto Market Recovery appeared first on BeInCrypto.

Timeline of Chiliz, Gmx, Lido-dao, Toncoin, Trust-wallet-token

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. 

Telegram's own blockchain, TON, continues to enjoy impressive gains despite current market volatility. The open-source protocol has been one of the few ecosystems to stay afloat following the FTX saga.

The price action displayed by top altcoins in recent times has yet to be encouraging with the market's erratic price movement after a cascading effect suffered by FTX led to many altcoins, including the price of Ethereum (ETH), battling for survival. The Domino effect of the FTX saga and other huge investors has left the market at a standstill as the market has yet to make a major move.

The untimely collapse of FTX and its sister company Alameda has had far-reaching implications on the cryptocurrency market. As investors go back on the drawing board, they may consider assets like Dash 2 Trade (D2T), Trust Wallet (TWT), RobotEra (TARO), Chiliz (CHZ) and Calvaria (RIA). These crypto assets could offer relief from the mess left behind by the FTX debacle.

Popular fan token CHZ has printed substantial gains in the last week as football fans prepare for 2022's world cup event. As of writing, the token is trading at a 2.20% gain on the day.

London, United Kingdom, 17th November, 2022, Chainwire DWF Labs, the leading blockchain industry market maker, has become a prominent supporter of the TON ecosystem. Through its partnership with the TON Foundation, DWF Labs supports The Open Network with an investment, token development, market creation, and exchange listing.

Crypto market maker DWF Labs has announced that it will become "a prominent supporter of the TON ecosystem." The company is also investing $10 million in the Layer-1 blockchain network.

Chiliz CEO reveals what it will take for the perfect marriage between blockchain and the sports industry. Investors can expect something interesting from CHZ's performance in the coming month.

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.