TWT (Trust Wallet Token) fell 3.54% in 24 hours.
Gate News Bot news, on October 17, according to CoinMarketCap, as of the time of writing, TWT (Trust Wallet Token) is currently priced at $1.34, falling by 3.54% in the last 24 hours, with a high of $1.52 and a low of $1.26, and the 24-hour volume reaching $59.7 million. The current market capitalization is approximately $575 million, a decrease of $21.084 million compared to yesterday.
Due to the inability to obtain official introduction information about Trust Wallet Token, this report does not include related content.
Important news about TWT recently:
1️⃣ Twitter's Cryptocurrency Advertising Policy Changes Twitter has suddenly announced a ban on all cryptocurrency advertisements starting today. This decision may affect the promotional channels of cryptocurrency projects such as Trust Wallet, which could potentially have a negative impact on TWT's market performance.
2️⃣ Competition Among Social Media Platforms Intensifies With the emergence of new platforms like the decentralized social network Nostr, the attention of the cryptocurrency community may shift away from Twitter. This trend could impact the user base and market demand for tokens closely associated with traditional social media platforms, such as TWT.
3️⃣ Former Twitter CEO Ventures into AI Field Former Twitter CEO Parag Agrawal is founding an artificial intelligence startup. Although this news is not directly related to TWT, it reflects the increased attention of tech industry leaders on AI, which may somewhat distract investors from cryptocurrency projects.
From a technical perspective, TWT has experienced a significant fall of more than 3.5% in the past 24 hours, indicating a cautious market sentiment in the short term. Considering the current market environment and the impact of related events, investors need to closely monitor TWT's price trends and volume changes when making decisions.
This message is not to be taken as investment advice; investors should be aware of the market volatility risks.