Altcoin News by Thebittimes.Com

Trust Wallet Token (TWT) has finally gained traction after 28 days of consecutive downward momentum. The hike comes with a massive surge in trading and social volume s. TWT is up 8.4% in the past 24 hours, making it the top gainer among the top 100 cryptocurrencies. The asset is trading at $0.815 with a $342 million market cap at the time of writing. TWT price, social volume and whale activity – Sept. 12 | Source: Santiment According to data provided by the market intelligence platform Santiment, Trust Wallet Token’s 24-hour trading volume skyrocketed by 460%, reaching $72.3 million. You might also like: Ethereum is the ‘least-loved digital asset’ this year, CoinShares report shows Moreover, Santiment data shows that TWT’s social volume rose 370% over the past day.  On the other hand, whale transactions consisting of at least $100,000 worth of TWT have plunged by 100% since Aug. 28. This indicates that small investors have triggered Trust Wallet Token’s recent up...

Join Our Telegram channel to stay up to date on breaking news coverage Best to worst NFT project s of 2022 and the impact of social media NFTs have boomed in the past months, and it’s safe to say we were overwhelmed by the amount of information and the new concept that didn’t seem to make any sense. But NFTs gained popularity rapidly since so many investors saw the potential of these new assets. Another reason NFTs are so big now is that digital artists could finally sell their creations online and in a unique way since you can’t copy an NFT or alter it. Of course, like any other new thing on the internet, social media played a crucial role in the fame of NFTs. Businesses are also considering NFTs as a new source of income since you can easily prove ownership of digital goods, for which companies can become more transparent in their processes. Unfortunately, not all NFTs were a success. Some of them flopped, and it’s not that surprising since the concept has been recently e...