Both tokens are owned by the same entitle, but they both have different use cases, which means they should not rely on each other for them to be profitable in the crypto market.
BNB is an exchange token and also a smart contract token that is used to fill out a transaction fee for all of their transactions that are being done on the network. The more demand and use for the token increase, the more the price can increase as well.
So for trust wallet token their token is being used for staking and other service which holders benefit by holding it, so their is no connection between now trust wallet token price can be prevented from pumping as a result of BNB being placed at the top, unless binance decide to do their manipulation on any of those tokens, nothing can't be done by them.
Topic: Will BNB prevent the moon of TWT? - page 2. (Read 209 times)
What will be the fate of TWT during the bull run?
No one knows that. We can only assume that everything will be fine, but if some critical vulnerability is discovered tomorrow, all these assumptions will collapse like a house of cards.
Is TWT good for DCA?
No, it is an altcoin, only bitcoin is suitable for the DCA strategy. In other cases, you risk losing money using this strategy.
Thanks, if you were to choose between TWT and Solana for DCA, which will you prefer?
Everything will depend on the price at which you will buy TWT and Solana. It is not worth buying now, as the price of these coins has already increased significantly. I think there will still be an opportunity to buy TWT at 70 cents and Solana at $15, as I hope there will still be a big dump before the bull run.
I have read and heard some connections between Binance and Trust wallet. Although the former is an exchange while the later is a non custodial wallet but there is this link of CZ between them.
It's not just some connection when Binance literally acquired Trust Wallet https://www.binance.com/en/support/announcement/binance-acquires-trust-wallet-a-secure-mobile-crypto-wallet-360010790652And when binance fud starts, even if TWT wouldn't be in reality in any danger, markets eventually see the connection and dump everything they can. As fear plays a major role in investing and day trading. Just a connection makes it tainted. Sol was tainted by FTX, even though nothing on that was their fault. Sol is as good coin as it was back then.
I have read and heard some connections between Binance and Trust wallet. Although the former is an exchange while the later is a non custodial wallet but there is this link of CZ between them.
It's not just some connection when Binance literally acquired Trust Wallet https://www.binance.com/en/support/announcement/binance-acquires-trust-wallet-a-secure-mobile-crypto-wallet-360010790652Quote
When the FTX bankruptcy happened, TWT gained price, that was when I decided that I will invest in TWT.
How is this relevant?Quote
Is TWT good for DCA?
Maybe since it already has a name. Almost all coins and tokens move up on a bull run anyway.I have read and heard some connections between Binance and Trust wallet. Although the former is an exchange while the later is a non custodial wallet but there is this link of CZ between them.
It's not just some connection when Binance literally acquired Trust Wallet https://www.binance.com/en/support/announcement/binance-acquires-trust-wallet-a-secure-mobile-crypto-wallet-360010790652Quote
This this not actually why I created this thread. The reason for this thread is to know if during the bull run, will the binance BNB prevent Trust wallet TWT from mooning?
I don't see why they would do that even if we assume that they could manipulate TWT's market.Quote
When the FTX bankruptcy happened, TWT gained price, that was when I decided that I will invest in TWT.
How is this relevant?Quote
What will be the fate of TWT during the bull run?
I don't know by what percentage but higher than the current price is all I can say.Quote
Is TWT good for DCA?
Maybe since it already has a name. Almost all coins and tokens move up on a bull run anyway.
I have read and heard some connections between Binance and Trust wallet. Although the former is an exchange while the later is a non custodial wallet but there is this link of CZ between them.
This this not actually why I created this thread. The reason for this thread is to know if during the bull run, will the binance BNB prevent Trust wallet TWT from mooning?
When the FTX bankruptcy happened, TWT gained price, that was when I decided that I will invest in TWT.
This this not actually why I created this thread. The reason for this thread is to know if during the bull run, will the binance BNB prevent Trust wallet TWT from mooning?
When the FTX bankruptcy happened, TWT gained price, that was when I decided that I will invest in TWT.
- What will be the fate of TWT during the bull run?
- Is TWT good for DCA?
- Will BNB prevent the moon of TWT
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