While Bitcoin’s attempts at $28,000 continue, economic data from the USA is being followed today.
At this point, while BTC is trading in a narrow range, some altcoins attract attention with their rise.
One of these was undoubtedly TWT, the token of the cryptocurrency wallet Trust Wallet.
TWT, which has increased by more than 20% in the last two days, rose from $ 0.81 to $ 0.98.
Behind this rise of TWT was the announcement made by the Trust Wallet team two days ago.
Accordingly, the team shared on account X: “The countdown has begun.” He pointed out an important announcement.
The countdown is on. #FreedomFoundations #TrustYourself pic.twitter.com/QXNeUSSqEx
— Trust Wallet (@TrustWallet) October 4, 2023
The team did not share any details in its post.
After this sharing, expectations and speculations regarding the announcement, which is thought to make a significant contribution to the TWT price, seem to have been the catalyst for the recent rise.
Commenting on this rise in TWT, analysts said that TWT broke the downward trend line, which has become a difficult obstacle to overcome for a long time. At this point, analysts added that with this break in TWT, the previous downward trend has reversed significantly.
TWT, which has increased by more than 20% in the last two days, is traded at $ 0.964 with an increase of 7.29% in the last 24 hours.
*This is not investment advice.
