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Trust Wallet Token Takes Flight: TWT Could Soar 50% Higher

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Trust Wallet Token Takes Flight: TWT Could Soar 50% Higher
Trust Wallet Token Takes Flight: TWT Could Soar 50% Higher

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Trust Wallet Token (TWT) stands out today, September 12, in the crypto market. Over the past 24 hours, TWT has gained around 10%. With this accomplishment, it solidifies its position as the next big crypto.

Trust Wallet Token (TWT), associated with Trust Wallet, has seen its trading volume surge by around 500% to 78.58 million in the last 24 hours. Investors and crypto enthusiasts have taken notice of this significant uptrend. Many cryptocurrencies are struggling with market volatility and uncertainty at the moment.

Market sentiment, increased adoption, and developments within the Trust Wallet ecosystem may all be factors behind TWT’s impressive rally. TWT has shown remarkable resilience and strength during the bear market. Traders looking for growth opportunities are attracted to the token because of this.

Trust Wallet Token (TWT) Statistics:

  • Today’s Price – $0.7981
  • Market cap – $332.50 Million
  • Circulating supply –   416,649,900 TWT
  • Total supply –    999,668,148 TWT
  • CoinMarketCap ranking – 88
Source: CoinMarketCap

Trust Wallet Token Price Analysis: Keeping an Eye on Key Resistance and Support Zones

Let’s talk about the daily chart simply: The price might reach a tough point at $0.8750. If it gets there, it could go up. But if it can’t break that level, it might go down to $0.7780, which acts as support.

Source: TradingView Daily Chart TWT/USDT

The price could face resistance around $0.8750 and $0.9880 while facing a support zone at $0.7780 and $0.7150.

If the price stays above the 50- and 100-day moving averages, it might keep rising, reaching $0.8420 or even higher.

TWT’s RSI is currently around 40, indicating a potential price decrease shortly. Moving averages and RSI signals indicate a downward trend for TWT. The S1 support level at $0.7780 and the RSI-14 should be watched. The price might drop if the first support level breaks and the RSI-14 falls below 40. Alternatively, if the price remains above the 30 and 50-day moving averages and the RSI-14 rises above 50, it could reach $0.8420. Using stop-loss orders in your trades is a smart way to protect your investment.

Promising Alternative to Trust Wallet Token (TWT)

Meet Bitcoin BSC ($BTCBSC): Join a Unique Presale for Exciting Rewards. This project is inspired by Bitcoin’s early days in April 2011, when it had only 6 million coins and was worth just $0.99. Early investors have a golden opportunity.


Bitcoin BSC: Staking for Easy and Smart Earnings

Want to earn money without much effort? Stake your BTCBSC tokens on the Binance Smart Chain. It’s like Bitcoin (BTC) but with some cool advantages. Instead of Bitcoin’s complex and costly transactions, BTCBSC uses a faster and better proof-of-stake system. It’s a BEP-20 token, so it doesn’t have those expensive Ethereum fees. When you stake your BTCBSC tokens, you get rewards through proof-of-stake.

Currently, the stake pool on offers 0.25 BTCBSC per block. It can be rewarding now, but as more people join, the rewards might decrease. Still, it’s probably more attractive than most other stake pools, which usually offer 5% to 10%. A large part of the 21 million BTCBSC tokens is set aside for stake.

Tokens such as Bitcoin (BTC) and BTCBSC are built for the long term, possibly for 120 years. By highlighting the project’s long-term potential, you encourage people to hold onto their tokens, which helps maintain the value of the tokens.

BTCBSC Presale Gains Impressive Momentum

Starting September 5th, the Bitcoin BSC presale caught much attention on the Web3 platform. The campaign managed to raise over $1.31 million within a week. Bitcoin BSC has 6.15 million tokens, with the remaining tokens set to be released later.

A total of 4 million tokens were available during the presale, each priced at $0.99. An extra 2.125 million tokens can be accessed if the presale proves successful and sells quickly.

The presale accounts for 29% of all available tokens, while it’s expected that 69% will be gradually released over 120 years. Additionally, BTCBSC has allocated 420,000 tokens (2%) for use on decentralized exchanges.

For more details, refer to the whitepaper or join their Telegram group. If you want to purchase BTCBSC tokens, the Bitcoin BSC website accepts BNB, USDT, or ETH.

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