Trust Wallet Token Triumphs Again – But Don't Sleep on the Bitcoin Minetrix Presale Hype

Trust Wallet Token Triumphs Again – But Don’t Sleep on the Bitcoin Minetrix Presale Hype

Updated: 18 October 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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On October 14, the iOS App Store temporarily removed Metamask for a few hours. During this brief period, one might speculate about the potential repercussions of this event on Metamask’s reputation.

https://twitter.com/andscooodey/status/1713207118965150064?s=20

Trust Wallet’s native token, $TWT, emerged as the biggest winner following this news. About an hour after the Metamask news broke, $TWT experienced a remarkable surge, surging by over 20% and reaching $1.22.

Can TWT Continue its Bullish Momentum?

Over the past 24 hours, the token has seen a 7% price gain, surpassing resistance levels, and it’s currently trading at $1.08 as of 5:35 a.m. EST.

TWT/USDT Chart Analysis. Source. Tradingview.com — TWTUSDT Chart Analysis. Source. Tradingview.com

The price of TWT faced resistance after forming a foundation for the bulls at the $0.91 support zone, which allowed for a climb to $1.22. However, this situation attracted bears looking to recover their losses, resulting in a correction that brought the price down to $0.96.

Furthermore, there is the formation of an inverted head and shoulders pattern on the 1-hour chart, typically seen as a bullish indicator. The shoulders are established at $0.96, supporting Trust Wallet Token (TWT).

TWT’s price indicators display bullish signals as the 50 and 200 moving averages trade beneath the current price, at $0.85 and $0.96, respectively. The positioning of the 200 SMA serves as immediate support for TWT.

Furthermore, the Relative Strength Index (RSI) has rebounded from the neutral level, which was situated at 50, and is currently on an upward trajectory, reaching 68. This signals a significant influx of buying pressure, potentially propelling the RSI above the 70 threshold.

Due to favorable price indicators, TWT is on track to reach all-time highs in this bullish trend. If the momentum persists, TWT has the potential to break through the $1.61 resistance level, representing a 43% increase from its present price.

Conversely, bearish investors may set their sights on the $0.91 support zone in the event of a correction. A breach below the $0.96 support level could drive the price down to the $0.86 support level. Consider diversifying your portfolio with an intriguing presale coin.

BTCMTX is approaching its predetermined soft cap weeks after its presale phase launch. Investors are encouraged to act swiftly by participating in the presale and staking their assets for the opportunity to earn substantial returns.

Hurry, Buy BTCMTX, Stage 2 Almost Done

The BTCMTX presale has seen remarkable interest from investors, evident in its rapidly increasing presale funding, which has now reached an impressive $1,711,063.27 in Stage 2, which ends in 4 days.

#BitcoinMinetrix Stage 2 is well underway! 🚀 pic.twitter.com/GU3UMwCdOF

— Bitcoinminetrix (@bitcoinminetrix) October 18, 2023

This surpasses more than half of its $3.094 million soft cap target. At its current stage, each token is valued at $0.0111, and its value is expected to continue to rise as the presale advances.

With a hard cap of $15 million, the presale is crucial to their fundraising strategy to reach this objective. Presale investors can acquire up to 77.5% of the total token supply. Furthermore, 22.5% of the tokens have been designated for community projects and staking rewards, promoting community involvement and ensuring token stability.

The proceeds from the presale will be utilized to launch the Bitcoin Minetrix platform, promote the token, establish a cloud mining facility, or secure a long-term lease for such a facility.

Participate in Stake to Mine, Earn High APY, $30k Airdrop

Become a BTCMTX miner through stake-to-mine participation, which offers the opportunity to achieve a substantial annual percentage yield (APY). This unique stake-to-mine feature combines cloud mining and token staking, delivering an impressive APY of 344% with 121 million tokens actively staked.

#BTCMTX offers a trustworthy cloud mining solution for all.

In the past, concerns about expensive hardware and cloud mining frauds discouraged numerous individuals from participating.

This decentralized strategy ensures a mining journey that is both transparent and secure.🔒🔓 pic.twitter.com/gQddNUPpnk

— Bitcoinminetrix (@bitcoinminetrix) October 17, 2023

Obtaining and staking BTCMTX tokens to earn credits for cloud mining is straightforward, allowing you to exchange these credits for hash power. This decentralized approach safeguards users’ interests, ensuring a transparent and secure mining experience.

BTCMTX Minedrop is an exciting competition that might enable you to win $3,000 worth of BTCMTX tokens, as 10 lucky winners will be selected for the $30,000 airdrop prize.

Satoshi Staker recently featured the remarkable accomplishments of the BTCMTX project on his YouTube channel.

Protect yourself from potential scammers by following this secure method to acquire BTCMTX tokens. Visit the BTCMTX token website, link your Web3 wallet, and exchange your USDT, ETH, or BNB for the tokens. Another option is to make a direct purchase using a bank card.