A friend asked: “Trust Wallet’s protocol revenue is 2.3 times its usual level. Is $TWT due for a rise?”
Here’s what I said: Higher revenue is a good thing, but one data point can’t determine where the price will go. Revenue of $155,000 over 24 hours is definitely a lot higher than the usual $69,000, but a single day’s revenue could be due to a one-off factor. I’d watch it for a few days before making a judgment.
Here’s what I said: Higher revenue is a good thing, but one data point can’t determine where the price will go. Revenue of $155,000 over 24 hours is definitely a lot higher than the usual $69,000, but a single day’s revenue could be due to a one-off factor. I’d watch it for a few days before making a judgment.
