Whales predict that this cryptocurrency will explode 100 times by 2023!
The Trust Wallet (TWT) is considered to be one of the top cryptocurrencies experiencing massive growth in recent days, although the cryptocurrency market is experiencing a major crisis. After the FTX-SBF Alameda crisis, many cryptocurrencies fell sharply, but the trust wallet (TWT) maintained a bullish trend and gained significant support during this period.
This is why the largest whale in the encryption industry predicts that the Taiwan dollar cryptocurrency will grow 100 times by 2023. TWT has risen by about 90% in the past few days. The incredible surge also led to the token reaching a new high of $2.40 on November 14.
Top cryptocurrencies are growing against the backdrop of the decline of Bitcoin
However, the positive comments made by Zhao Changpeng, the CEO of Coin Security, can be attributed to his upward rebound and growing popularity. It is worth noting that CZ, CEO of Coin Security, released a message on Twitter about the application of trust wallet, and emphasized the advantage of storing Bitcoin in trust wallet instead of centralized exchange.
As traders switched from centralized trading platform to wallet, the price of TWT rose this month.
In addition, the dovish stance of Federal Reserve Chairman Jerome Powell has promoted the moderate recovery of the crypto market, which is regarded as another major factor in the high price of cryptocurrencies, including the trust wallet token (TWT).
At the same time, the bearish dollar, which fell more than 1.5% to a three-month low, also played an important role in supporting cryptocurrencies.
The price of the Trust Wallet Token is currently $2.06, and the 24-hour trading volume is $44 million. Trust wallet tokens have lost less than 0.50% in the past 24 hours. TWT currently ranks 50th with a market value of US $859 million.
The total amount of Taiwan dollars in circulation is 416649900, with a maximum supply of 1 billion Taiwan dollars.
Moderate growth of the password market
In recent weeks, the global cryptocurrency market has been struggling, but it has managed to stop the decline and has achieved a modest recovery today. Bitcoin (BTC) and Ethereum (ETH), the two most valuable cryptocurrencies, exceeded US $17,000 and US $1200 respectively.
The other two well-known cryptocurrencies, Dogecoin (DOGE) and Litecoin (LTC), also saw significant growth. On the other hand, the optimistic cryptocurrency market is seen as another important factor supporting the trust wallet (TWT) currency.
The reason behind the optimistic market sentiment may be the moderate remarks of Jerome Powell, the chairman of the Federal Reserve, which indicates that the pace of interest rate increase has slowed down.
It should be noted that the market expects that the possibility of the Federal Reserve raising interest rates by 50 basis points at the forthcoming meeting is 80%, and the possibility of another 75 basis points is 20%.
The weak US dollar is another important factor to keep the coin price of trust wallet (TWT) stable. The US dollar has underperformed recently as the Federal Reserve's less hawkish stance has little impact on the value of the US dollar.
The dollar fell more than 1.5% against the yen on Thursday, hitting a three-month low, after Federal Reserve Chairman Jerome Powell suggested that the United States might slow down the pace of interest rate increases as early as December.
According to the observation tool of the Federal Reserve of the Chicago Mercantile Exchange, the market expects that the possibility of the Federal Reserve raising interest rates by 50 basis points at the forthcoming meeting is 80%, and the possibility of another 75 basis points is 20%.
Top coins in highlight
Given the diversity of cryptocurrencies, it may be difficult to choose one for investment. Many investors consider funding low-cost cryptocurrency projects at some point. These digital currencies, with a face value of $5 or less, can be an excellent complement to most portfolios. Despite the slowdown in the cryptocurrency market, the currencies listed below are an excellent complement to our portfolio.
Dash 2 Trade (D2T)
Dash 2 trade is an innovative concept, which may make it the next well-known currency in the turmoil of cryptocurrency. This is a relatively new cryptocurrency project, and few people can match it in practical application. Dash 2 Trading uses its D2T token to provide various transaction services.
The social transaction and cryptocurrency analysis service Dash 2 Trade accepts ERC-20 token D2T as the native coin of the project. Dash 2 transaction provides a unique transaction signal, considering technical and social factors to propose profitable transaction technology. The pre-sale started in the middle of October. In the first 24 hours, it has generated $500000, increasing the total financing to $1 million.
Dash 2 Trade provides high-quality trading insights and signals to help cryptocurrency traders make profits in the market. At present, the native D2T token of the platform will easily become the most promising pre-sale project this year.
In addition, Dash 2 Trade provides experts with excellent technical indicators, such as order data and linear regression, to help them make wise judgments and improve risk management. According to Dash 2 Trade's white paper, the platform will also evaluate new cryptocurrency pre-sale projects based on some factors to ensure that investors trust these projects.
More than 70,000 investors have purchased these tokens during the ongoing D2T token pre-sale. The third pre-sale of these tokens has started. Now one D2T token can exchange 0.0513 USDTs. The pre-sale sales reached more than 7.6 million dollars at that time.
Tora Inu has planned many P2E games. In addition to the future meta universe integration, users can compete with their Tora Inu NFTs for more Tora games. Your Tora will grow up with you in the meta universe. As it becomes more and more powerful, it will be able to give you greater gifts. You can feed it, take it for a walk, or even take it to the gym.
Bonus tokens and "Tora" memes help balance supply and demand. Tokens contain exhaustion mechanisms and incentives for holders. Tora Inu plans to effectively develop a game moneymaking environment by taking advantage of meme money, NFT and meta universe trends.
During the current pre-sale period of TORA project, investors flocked to the project one after another, and it is estimated that they will get 100 times of the income in the next year.
Calvaria is a new cryptocurrency project, which is built around the strategy of playing first and earning later. The goal of the project is to improve the public's acceptance of cryptocurrencies by building a spectacular card game modeled on video games such as Magic. The platform hopes to achieve success by trying to bridge the gap between reality and cryptocurrency.
The free account will also provide important information about the cryptocurrency project to educate more audiences about its unique characteristics. If Calvaria is a breakthrough, it may contribute more to the development of the use of Bitcoin than any other blockchain game so far.
Calvaria enables players to earn tokens through in game participation and contributions to their ecosystem. This card game has developed eRIA and RIA tokens as rewards to provide economic stability for the ecosystem and credit players during the game.
RIA pre-sale has entered the fifth stage and is now open to all the public. Calvaria has raised USD2.1 million from USD3.075 million. USDT received a good response from cryptocurrency enthusiasts for profit. Calvaria is becoming a star in the field of crypto games. The developer revealed that the pre-sale of its native ria coins will end in the fifth stage. Based on these figures, 121 million RIA tokens have been sold. The peer-to-peer cryptocurrency company has sold nearly 70% of its fifth pre-sale. At the time of writing, 1 USDT equals 33.33 riyals.
Tamadoge is the next affordable cryptocurrency in 2023. This is an acceptable payment option on the Tamaberse platform, where users can create and breed virtual animals. After that, you can compete for the TAMA leaderboard in the user battle and collect monthly rewards. TAMA is now traded on many platforms, and as a reliable high potential asset, it is increasingly popular among cryptocurrency enthusiasts.
One of its biggest characteristics is the potential deflationary nature of cryptocurrencies like this, which means that it will eventually reduce the amount available today. The current Tamadoge price is 0.020 dollars, and the 24-hour trading volume is 1 million dollars.
The price of Tamadoge has risen by more than 3% in the past 24 hours, and now ranks 2756 in the market. The maximum supply of TAMA coins is 2 billion.