.TrustWallet on rampage as industry sees rapid sell-off
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.At a time when the digital currency ecosystem is seeing a dominant price slip, tokens with positive momentum typically stand out.
Bitcoin is changing hands at $24,864.38 atop a 4.21% loss as market sentiment turned bearish following the unsolicited testimony of Prometheum CEO Aaron Kaplanbefore the U.S. House Financial Committee that the Securities and Exchange Commission has the template needed to regulate the crypto ecosystem.
TWT has defied the market order as retail buy-up over the past 24 hours has intensified. Per CoinMarketCap's data, the total trading volume of TWT jumped by more than 620% to $90 million. This massive jump in trading volume is indicative of a genuine retail buy-up from members of the Trust Wallet community.One crucial advantage that investors in TWT are possibly holding onto is the safe bet on the token drawing on its fundamental perception.
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