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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.