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Trust Wallet Token

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 <p class="is-style-lead">Trust Wallet Token (TWT) has finally gained traction after 28 days of consecutive downward momentum. The hike comes with a massive <a rel="noopener noreferrer nofollow" title="surge" href="https://thebittimes.com/tag/surge.html">surge</a> in trading and <a rel="noopener noreferrer nofollow" title="social" href="https://thebittimes.com/tag/social.html">social</a> <a rel="noopener noreferrer nofollow" title="volume" href="https://thebittimes.com/tag/volume.html">volume</a>s.</p> 
 <p>TWT is up 8.4% in the past 24 hours, making it the top gainer among the top 100 cryptocurrencies. The asset is trading at $0.815 with a $342 million market cap at the time of writing.</p> 
 <figure class="wp-block-image size-full"> 
  <img decoding="async" width="3840" height="1300" src="https://cdn.thebittimes.com/images/2023/09/12/3191f76de376c47389ba3aa42aeab872.webp" alt="Trust Wallet Token (TWT) price surges by 8% as social volume spikes - 1" class="wp-image-14193766"> 
  <figcaption class="wp-element-caption">
    TWT price, social volume and whale activity – Sept. 12 | Source: Santiment 
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 <p>According to data provided by the market intelligence platform Santiment, Trust Wallet Token’s 24-hour trading <a rel="noopener noreferrer nofollow" title="volume" href="https://thebittimes.com/tag/volume.html">volume</a> skyrocketed by 460%, reaching $72.3 million.</p> 
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 <p>Moreover, Santiment data shows that TWT’s social volume rose 370% over the past day.&nbsp;</p> 
 <p>On the other hand, whale transactions consisting of at least $100,000 worth of TWT have plunged by 100% since Aug. 28. This indicates that small investors have triggered Trust Wallet Token’s recent upward momentum.&nbsp;</p> 
 <p>Historically, low volatility is expected when small trades drive an asset’s <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>. Consequently, InvestorsObserver gives a low-risk score to TWT, making it a “good investment.”</p> 
 <p>On-chain data shows that the number of TWT holders has been slowly rising. It saw a 0.001% hike in the past 24 hours and reached 318,359 unique addresses.</p> 
 <p>It’s important to note that Binance crypto exchange, Trust Wallet’s owner, removed TWT and three other tokens from its innovation zone.</p> 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/trust-wallet-token-twt-price-surges-by-8-as-social-volume-spikes-tbt62378.html">https://thebittimes.com/trust-wallet-token-twt-price-surges-by-8-as-social-volume-spikes-tbt62378.html</a></p>

Trust Wallet Token (TWT) price surges by 8% as social volume spikes

TheBitTimes

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