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Topic: The pump of Trust Wallet Token (TWT) - page 2. (Read 220 times)

legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
November 14, 2022, 05:32:58 PM
#6

as of the time, its 111.64% with a price of $2.46. last week it was just $1.04.
FOMO, that's not something new in the market. people getting FOMO caused by CZ was making FOMO for TWT after the collapse from FTX. CZ was also making some awareness if another exchange site potentially goes down too. That makes so many people are withdraw theirs assets on the exchange site and then try to keep it in the wallet like TWT.

i didn't join to their chat channel but one user said, people are moving to their own installed wallet due to what happen to FTX so they are now using Trust wallet.
[/quote]It's not only FTX but FOMO gets triggered by crypto.com case and gate io too. CEX was not even safe place anymore. Not your key not your money. That's it.

i don't know why of all wallet why this one. is binance messing?
It's caused by TWT is directly affeliation with binance. Binance has known as backer by trust wallet. Binance was also being so transparent about its reserved funds that's it.
sr. member
Activity: 2422
Merit: 357
November 14, 2022, 04:52:35 PM
#5

as of the time, its 111.64% with a price of $2.46. last week it was just $1.04.
i didn't join to their chat channel but one user said, people are moving to their own installed wallet due to what happen to FTX so they are now using Trust wallet.

i don't know why of all wallet why this one. is binance messing?
The recent update with Trust wallet might be the reason and probably that FTX issues give them the opportunity as well. Binance is also an exchange and there is a trust issue with the exchanges right now especially with Binance getting involve actively on what happened to FTX. Trust wallet is an open source as pet them, that could be the safest option for now, and personally I prefer this one as well.
hero member
Activity: 2744
Merit: 588
November 14, 2022, 04:35:53 PM
#4
They just launch their wallet extension broswer just like Metamask this is the reason for the massive rally. Sadly, I sold off over 3k I had. Crypo can always be like that, it could have gone either way. I expect good dex tokens to make some rallies in the coming days ahead. You can find the extension on their website. This looks like a direct competition to Metamask. People are very well use to metamask extension.

And to add with this development, I believe the fall of FTX also contributes to this increase.
People are capitalizing the fact that the rival binance is in good position right now.
And TWT is backed by binance company, so no wonder people are somehow pumping it.
Just be careful buying now, because it may go down after everything settles in.
Though the chance to further increase is there because binance is one of the reputable and top crypto-exchanges, and they are still expanding.
member
Activity: 759
Merit: 15
November 14, 2022, 04:21:20 PM
#3
I also noticed that the value of twt has doubled, there must be some news regarding the wallet trust at the base, otherwise this sudden growth cannot be explained, is there any dex where they can be staked? on pancakes the promotion is over unfortunately
member
Activity: 845
Merit: 52
November 14, 2022, 02:46:33 PM
#2
They just launch their wallet extension broswer just like Metamask this is the reason for the massive rally. Sadly, I sold off over 3k I had. Crypo can always be like that, it could have gone either way. I expect good dex tokens to make some rallies in the coming days ahead. You can find the extension on their website. This looks like a direct competition to Metamask. People are very well use to metamask extension.
legendary
Activity: 3178
Merit: 1054
November 14, 2022, 11:27:35 AM
#1

as of the time, its 111.64% with a price of $2.46. last week it was just $1.04.
i didn't join to their chat channel but one user said, people are moving to their own installed wallet due to what happen to FTX so they are now using Trust wallet.

i don't know why of all wallet why this one. is binance messing?
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