FTX collapse is Trust Wallet Token’s gain — Why did TWT price soar 150% in six days?
Cointelegraph
Published Nov 15, 2022 07:05AM ET
Updated Nov 15, 2022 07:20PM ET
Trust Wallet Token (TWT) has surged by nearly 150% in the last six days, bucking the downturn in the cryptocurrency market, whose net capitalization has crashed by almost $100 billion in the same period.
TWT’s price reached an intraday high of $2.43 on Nov. 15, a day after establishing a record high at nearly $2.75. At its lowest in 2022, the token was changing hands for $0.40, which makes it one of the year’s best-performing assets, with over 225% year-to-date gains.
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Written By: Cointelegraph
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