Cryptocurrency Trust Wallet Token grew by 43% per day

The value of the Trust Wallet Token virtual currency jumped by 43% over the past day, with quotes reaching $ 1.6, and the total supply of coins on the market increasing to $ 666.3 million. This allowed the cryptocurrency to rise to the 56th position in the top ranking. Daily trading volumes amounted to $ 219.99 million, and the trading volume itself increased by 1010% per day.

This state of affairs is due to the collapse of the FTX exchange and the fact that users have shown confidence in the TWT wallet as a reliable repository for their virtual assets. Judging by the problems in the market, the trend will continue, and Elon Musk is also stimulating the outflow of funds from cryptocurrency exchanges with his statements.

At the same time, none of the other cryptocurrencies in the top 100 by capitalization managed to demonstrate similar results. GMX (GMX) took the second place in terms of profitability over the day, with its quotes jumping 6.07% over the past 24 hours.

The main outsider of the last day was the Huobi Token (HT) cryptocurrency, which lost 18.5% per day and 47.77% over the past week. Confidence in the trading platform has fallen amid the collapse of FTX.