Reasons Behind the Recent Decline of Trust Wallet Token (TWT) on September 17, 2024

The recent sharp decline in the price of Trust Wallet Token (TWT) on September 17, 2024, can be attributed to a combination of market volatility and broader cryptocurrency trends. While there have been no major negative events specifically targeting TWT, general market factors such as lower demand for self-custody wallets, shifts in investor sentiment, and profit-taking after previous uptrends are likely contributing to the downturn.

Additionally, the overall bearish sentiment in the cryptocurrency market, as well as regulatory uncertainty, can indirectly impact TWT, leading to corrections after periods of growth. Keep an eye on market conditions, especially in relation to Bitcoin, Ethereum, and regulatory updates, as these can affect TWT's performance.

suggestions for you: Currently TWT is trading at huge horizontal support range so if you hade a plan to invest on it then then i would say this is the perfect time invest on it. best of luck trader's 👇