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On October 14, the iOS App Store temporarily removed Metamask for a few hours. During this brief period, one could speculate on the possible repercussions of this event on Metamask’s reputation.
Metamask was removed from the Apple Store
Due to this, the TWT token rose by 15%.Why didn’t you like Metamask so much? pic.twitter.com/26Eszdkv9N
— andscooodey (@andscooodey) October 14, 2023
Trust Wallet’s native token, $TWT, emerged as the biggest winner following this news. About an hour after the Metamask news broke, $TWT saw a notable surge, rising over 20% and reaching $1.22.
Can TWT continue its bullish momentum?
In the last 24 hours, the token has seen a 7% price increase, surpassing resistance levels, and is currently trading at $1.08 starting at 5:35 am EST.
TWT price faced resistance after forming a base for the bulls at the $0.91 support zone, allowing a rise to $1.22. However, this situation attracted bears looking to recoup their losses, resulting in a correction that dropped the price to $0.96.
Furthermore, an inverted head and shoulders pattern forms on the 1-hour chart, which is usually considered a bullish indicator. Shoulders settle at $0.96, supporting the Trust Wallet Token (TWT).
TWT price indicators are showing bullish signals as the 50 and 200 moving averages are trading below the current price, at $0.85 and $0.96, respectively. The positioning of the 200 SMA serves as immediate support for TWT.
Furthermore, the Relative Strength Index (RSI) has recovered from the neutral level, which was situated at 50, and is currently on an upward trajectory, reaching 68. This indicates a significant influx of buying pressure, which could boost the RSI above the threshold of 70. .
Due to favorable price indicators, TWT is on track to hit all-time highs in this uptrend. If momentum persists, TWT has the potential to break above the $1.61 resistance level, representing a 43% upside from its current price.
On the contrary, bearish investors can set their sights on the $0.91 support zone in case of a correction. A break below the $0.96 support level could push the price down to the $0.86 support level. Consider diversifying your portfolio with an intriguing pre-sale coin.
BTCMTX is approaching its default soft limit weeks after launching its pre-sale phase. Investors are encouraged to act quickly by participating in the pre-sale and staking their assets for a chance to earn substantial returns.
Hurry up and buy BTCMTX, stage 2 is almost finished
The pre-sale of BTCMTX has seen notable investor interest, evident in its rapidly increasing pre-sale funding, which has now reached an impressive $1,711,063.27 in Stage 2, which ends in 4 days.
#BitcoinMinetrix Stage 2 is already underway! pic.twitter.com/GU3UMwCdOF
—Bitcoinminetrix (@bitcoinminetrix) October 18, 2023
This exceeds more than half of its flexible capitalization target of $3.094 million. At its current stage, each token is valued at $0.0111 and its value is expected to continue increasing as the pre-sale progresses.
With a maximum limit of $15 million, pre-sales are crucial for your fundraising strategy to reach this goal. Pre-sale investors can purchase up to 77.5% of the total token supply. Additionally, 22.5% of the tokens have been designated for community projects and staking rewards, promoting community participation and ensuring token stability.
Proceeds from the pre-sale will be used to launch the bitcoin Minetrix platform, promote the token, establish a cloud mining facility, or secure a long-term lease for such a facility.
Participate in Stake to Mine, Win High APY and $30,000 Airdrop
Become a BTCMTX miner through mine equity participation, which offers the opportunity to achieve a substantial annual percentage yield (APY). This unique staking-to-mine feature combines cloud mining and token staking, offering an impressive 344% APY with 121 million actively staked tokens.
#BTCMTX offers a reliable cloud mining solution for everyone.
In the past, concerns about expensive hardware and fraud in cloud mining deterred many people from participating.
This decentralized strategy guarantees a transparent and secure mining journey. pic.twitter.com/gQddNUPpnk
—Bitcoinminetrix (@bitcoinminetrix) October 17, 2023
Obtaining and staking BTCMTX tokens to earn credits for cloud mining is easy, allowing you to exchange these credits for hashing power. This decentralized approach safeguards the interests of users and ensures a transparent and secure mining experience.
BTCMTX Minedrop is an exciting competition that could allow you to win $3,000 worth of BTCMTX tokens as 10 lucky winners will be selected for the $30,000 airdrop prize.
Satoshi Staker recently presented the notable achievements of the BTCMTX project on his YouTube channel.
Protect yourself from potential scammers by following this secure method of acquiring BTCMTX tokens. Visit the BTCMTX token website, link your Web3 wallet and exchange your USDT, eth or BNB for the tokens. Another option is to make a direct purchase using a bank card.
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