Analytics Firm Santiment Weighs In on Trust Wallet Token After TWT Exploded Nearly 145% in Just One Week

Analytics Firm Santiment Weighs In on Trust Wallet Token After TWT Exploded Nearly 145% in Just One Week


A leading analytics firm is keeping a close watch on Trust Wallet Token (TWT) after the mid-cap altcoin skyrocketed 143% within seven days.

TWT is the native asset of Trust Wallet, a non-custodial app that allows users to have full control over their crypto assets.

According to Santiment, TWT started getting a lot of attention last week after the fall of centralized crypto exchange FTX, which left many traders scrambling to find safe protocols to keep their tokens.

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While TWT has outperformed the broader crypto markets over the last few days, the insights firm says that on-chain signals are warning that a correction for the token is in sight.

Santiment highlights TWT’s on-chain transaction volume is “very high,” indicating that a “mid-term cooldown period” is within

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