Investment idea: buying TWT in anticipation of a new wave of growth

 

Investment idea: buying TWT in anticipation of a new wave of growth
Investment idea: buying TWT in anticipation of a new wave of growth

Co-founder of ENCRY Foundation Roman Nekrasov spoke about the prospects of the altcoin of one of the popular crypto wallets

My choice this week is TWT, the Trust Wallet token. Let me remind you that the coin has been actively growing over the past month against the background of the collapse of FTX and the mass withdrawal of cryptocurrencies from centralized exchanges.

I believe that this trend will continue and possibly intensify against the background of FUD around the world's largest crypto exchange Binance. She is once again accused of helping to circumvent sanctions and serving customers from sanctioned countries. Also, the media wrote that the US Department of Justice is preparing for a criminal charge against the management of the exchange, even negotiations were held with Binance lawyers on the admission of guilt.

Separately, I would like to note that the source of the latest FUDs about Binance has invariably become the same media outlet - Reuters, which raises some questions. But what is important to us is not the incorruptibility of the media in this case, but the effect on the market.

If any lawsuits against Binance follow, then the outflow of coins from centralized crypto exchanges will only increase. And the question will arise where to store these coins now. One of the possible options is Trust Wallet.

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