- TWT price soaring after Binance Futures listing.
- Binance listing fuels TWT’s impressive price surge.
- TWT draws comparisons to Binance Coin (BNB), piquing investor interest.
Trust Wallet Token (TWT) has seen a tremendous price increase in recent market development, skyrocketing by an astonishing 18% in a week. This increase, which is similar to its top price in April, is attributable to TWT’s launch on Binance Futures.
Binance Futures Listing Generates the Excitement
With its recent inclusion to the Binance Futures market, TWT, the native token associated with Trust Wallet, which is intimately related to Binance, has received interest. The move represents Trust Wallet’s effort to broaden its presence and provide its users with a greater selection of trading options.
Binance vs. Bybit : The Volume War
🚀Today at 14:30 UTC, Binance Futures markets will list the Trust Wallet Token ($TWT)
Take note, the pace of new coin listings on Binance Futures is accelerating, with fresh tokens being added nearly every day.
What's Next?
👇
• Rocket… pic.twitter.com/KzKe412tM1
— Layergg (@layerggofficial) November 3, 2023
Listing on Binance Futures, a major cryptocurrency exchange, has generally been associated with increased price activity. The immediate 22% increase in the value of TWT demonstrates the impact such postings can have on the price of the digital asset, sparking market enthusiasm.
Read Also: What’s Driving Bitcoin to $36k, Macro Forces or Spot ETF Hype?
Price Changes in TWT
TWT is currently trading at $1.24 USD, with a market capitalization of more than $515 million. In terms of market capitalization, the token is ranked 71st. TWT’s 24-hour trading volume hit an incredible $188.9 million, highlighting the token’s significant interest following its Binance Futures debut.
TWT has a maximum supply of 1 billion tokens and a circulating supply of 416,649,900 tokens, accounting for approximately 41.66% of the total supply. It has a fully diluted market capitalization of $1.24 billion USD.
TWT is being actively watched by investors and fans as it draws similarities to Binance Coin (BNB). The possibility for TWT’s success is being discussed, particularly considering its affiliation with Binance and parallels to wallet tokens such as the anticipated MetaMask currency.
TWT’s price performance, as well as the dynamics of its link with the Trust Wallet ecosystem and the broader cryptocurrency market, will almost certainly continue to pique interest and stoke speculation in the coming days.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
