Trust Wallet TWT
Current Price
$0.8610 -0.68%
$0.0219 Daily Range (2.54%)
$0.8562$0.8781
$7.09M Daily Volume
80 BTC
Vol/MktCap: 1.98%
Market Performance
0.04% Relative BTC Volume
The total volume of Trust Wallet is $7.09M over the past 24 hours, compared to $16.05B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.8637 -0.31%
13 SMA $0.8675 -0.74%
21 SMA $0.8683 -0.84%
55 SMA $0.8717 -1.22%
144 SMA $0.8844 -2.64%
Price Performance
-0.05% 1 Hour Change
$0.8610 from $0.8615
-8.70% 7 Day Change
-$0.0749 from $0.9359
-3.13% 14 Day Change
-$0.0270 from $0.8880
+9.10% 30 Day Change
$0.0783 from $0.7827
All Time High
December 11, 2022
$2.72 -68.34%
-$1.86 vs. now
24H Change
-2.57M USD -0.71%
-29 BTC
Volume and Supply
Total Supply: 1.00B TWT 
416.65M TWT Available41.66% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
50.05 x BTC Supply50:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
8.18M TWT
traded over past 24 hours
1.96% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Trust Wallet AI Market Analysis
Trust Wallet (TWT) is currently trading at $0.860847, reflecting a slight decrease of 0.0754% over the last 24 hours. The daily price range has been tight, with a high of $0.878053 and a low of $0.860903, indicating low volatility and investor caution in the current market environment.
The trading volume stands at 6,857,137, resulting in a market cap volume ratio of 1.91%, suggesting a relatively stable trading interest compared to its market capitalization. Moving averages indicate a bearish trend, with the 8 SMA at $0.8637 showing a decline of 0.34%, while the longer-term 144 SMA at $0.8844 reflects a more significant drop of 2.66%, further confirming the downward pressure on price.
The 1-hour RSI is currently at 28, indicating oversold conditions, while the 7-day RSI at 44 suggests a lack of strong bullish momentum. Price changes over varying time frames show a significant decline of approximately 8.75% over the past week, contrasting with a more positive 10.05% rise over the last 30 days, which hints at recent volatility and potential for a rebound.
Despite the recent price decline, the long-term perspective remains somewhat optimistic as the price is still significantly below its all-time high of $2.72 reached in December 2022. Overall, the current technical indicators and market sentiment suggest that TWT may be consolidating after a period of decline, but the lack of strong buying interest raises caution.
Given the combination of oversold conditions and the potential for recovery from the current low price levels, a Hold rating is recommended. This stance allows for observation of market trends without significant downside risk, while remaining open to future bullish movements as market conditions stabilize.
The trading volume stands at 6,857,137, resulting in a market cap volume ratio of 1.91%, suggesting a relatively stable trading interest compared to its market capitalization. Moving averages indicate a bearish trend, with the 8 SMA at $0.8637 showing a decline of 0.34%, while the longer-term 144 SMA at $0.8844 reflects a more significant drop of 2.66%, further confirming the downward pressure on price.
The 1-hour RSI is currently at 28, indicating oversold conditions, while the 7-day RSI at 44 suggests a lack of strong bullish momentum. Price changes over varying time frames show a significant decline of approximately 8.75% over the past week, contrasting with a more positive 10.05% rise over the last 30 days, which hints at recent volatility and potential for a rebound.
Despite the recent price decline, the long-term perspective remains somewhat optimistic as the price is still significantly below its all-time high of $2.72 reached in December 2022. Overall, the current technical indicators and market sentiment suggest that TWT may be consolidating after a period of decline, but the lack of strong buying interest raises caution.
Given the combination of oversold conditions and the potential for recovery from the current low price levels, a Hold rating is recommended. This stance allows for observation of market trends without significant downside risk, while remaining open to future bullish movements as market conditions stabilize.
Updated 122 minutes ago.
Trust Wallet Relative Price at Market Cap of:
Trust Wallet TradingView Chart
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