Trust Wallet Token Price Prediction: Can TWT Surge 10% Even As Bitcoin Minetrix Steals The Spotlight?

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Trust Wallet Token (TWT), the native token of leading proprietary wallet Trust Wallet, is experiencing a strong rally at $0.98, up nearly 22% in the past 7 days and passing through resistance in a consolidation phase.

The token is down 0.6% in the last 24 hours as the price broke through this resistance and is currently trading at $0.93 at 8:36 AM EST .

The dynamic community around Trust Wallet has been a lifeline for TWT, with enthusiasts willing to bet on its future as a token and crypto project that helps shape the future of DeFi and Web3.

Trust Wallet Token $TWT is on the rise 🔥, up 15.07% in the last 24 hours! It is now #81 on @CoinMarketCap with a market cap of $380 million. #TWT #twtusdt #TrustWalletToken #cryptocurrency #CryptoInvesting #TrustWalletExtension pic.twitter.com/ev8mYH97W5
— adasamuel (@adasamuel66644) October 5, 2023

According to Coingecko, this sudden increase in interest in the trust wallet token has also had a positive impact on its market capitalization, which reached $386 million.

TWT broke the support level at $0.77, creating a platform for buyers to push the price towards the current resistance at $0.98. However, sellers used this point to correct the price and cut their losses, which prevented further gains and the price fell below the $0.93 support level.

Price indicators are showing bullish signals for TWT, with the 50 and 200 moving averages trading below the current price at $0.81 and $0.91 respectively. Additionally, the 50 SMA position indicates a potential TWT recovery, indicating a neutral outlook.

Moreover, the Relative Strength Index (RSI) has recovered from the overbought region of 70 and is currently trading below the 50 level, indicating neutrality. With an RSI of 45, a breakout from this level would likely push the price into overbought territory.

TWT may reach new highs

TWT is currently in an uptrend with a favorable price index. If the momentum continues, TWT is likely to reach a new high as buyers try to recover the $0.98 resistance level, which is 10% above the current price.

Conversely, sellers can target the $0.90 support zone during a correction. A break below this support could wipe out the bulls' gains and potentially push the price towards the $0.86 support level.

However, Bitcoin Mintrix is gaining attention for its innovative approach to democratizing Bitcoin mining, and influencers in the cryptocurrency world are closely following its progress. As an alternative to TWT, it is worth considering.

Bitcoin Mintrix Passes $500,000 Presale Milestone: A Game Changer in Bitcoin Mining

Bitcoin Minetrix (BTCMTX) recently hit a major milestone by surpassing its $500,000 pre-sale goal. This success has caught the attention of some of the biggest influencers in the crypto world, who are eagerly anticipating its potential impact.

#BitcoinMinetrix update! 📣
We raised over $500,000. pic.twitter.com/twJWjK7MjH
— Bitcoinminetrix (@bitcoinminetrix) October 5, 2023

The project marks Bitcoin's first token-based cloud mining operation and a significant development in the cryptocurrency industry.

Participate in staking to earn passive income

Bitcoin Minetrix's innovative approach involves redistributing mining revenue from the company to retail investors using a method called stake-to-mine.

#BitcoinMinetrix aims to change the landscape of #Bitcoin cloud mining by introducing a mechanism to participate in automated mining through smart contracts.
We envision a secure and efficient ecosystem across #blockchains that overcomes the weaknesses of traditional cloud mining. 🌐 pic.twitter.com/NtNlMWROmx
— Bitcoinminetrix (@bitcoinminetrix) October 5, 2023

Participants earn credits for cloud-based Bitcoin mining by placing their $BTCMTX tokens into a staking pool smart contract.

Currently, the project generates 158.5 tokens per Ethereum (ETH) block, representing an effective annual percentage return (APY) of 1.149%, and 36,278,677 tokens have already been staked. These results come from separating rewards from token supply

The sting period ends as soon as mining operations begin and participants start earning from mining activity based on how many tokens they receive in the staking process.

Join the BTCMTX presale now and bid $30,000

The project's pre-sale raised $558,518 in funding, indicating strong investor interest in the platform's offerings. You can buy each token for $0.011.

As the presale advances to each subsequent stage, the value of the token will increase by 10%, making it a great time to participate.

CryptoGains, a leading YouTuber with over 108,000 subscribers, is passionate about how this project could revolutionize the industry to benefit small investors.

Channel moderators believe that Minetrix's Bitcoin system can help decentralize hashing power, preventing competition from existing miners. To attract more buyers, BTCMTX announced a $30,000 Minedrop giveaway featuring six different entry methods.

🎉 $30,000 #BitcoinMinetrix Minedrop is now live! 🎉

Get ready for a chance to win $30,000 shares of $BTCMTX!

Follow the steps in the link below for a chance to win one of ten $3,000 worth of $BTCMTX prizes! 💰
➡️ https://t.co/v1UKskxi4Y pic.twitter.com/nseOBTNO9N

— Bitcoinminetrix (@bitcoinminetrix) October 5, 2023

Join Presley and participate in staking by connecting your Web3 wallet to the BTCMTX website and buy Bitcoin Minetrix BTCMTX tokens with minimal investment, buy ETH, BNB, USDT or use a bank card . Similar news

New Cryptocurrency Platform - Bitcoin Minetrix

Verified by Coinsult
Decentralized and secure cloud mining
Earn free bitcoins daily
Native token now available - BTCMTX
Stocking Rewards - Over 1000% APR

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5 Best Crypto AIs You Can Buy Right Now (Huge Potential) Tags: Crypto Price

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