Crypto Currency Latest News And Technical Analysis- 27 Dec 2022
TWT, TERRA, AND SOLANA HEADLINE 2022’S TOP CRYPTOCURRENCY LOSER LISTS
As the year 2022 comes to a close, a steady theme has been cryptocurrency markets falling under selling pressure.
With bear market conditions prevailing, we rank the biggest gainers and losers among the top 100 cryptocurrency assets, as ranked by capitalization. Performance numbers are as of December 27th.
CRYPTOCURRENCY WINNERS: ONLY TWO CRYPTOCURRENCIES IN THE TOP 100 INCREASED THEIR VALUE IN 2022
In the current top 100 cryptocurrency list, there are two cryptocurrencies that came out ahead in 2022.
TRUST WALLET TOKEN (TWT)
TWT, the native asset of Trust, the external wallet acquired by Binance, emerged as an altcoin that resisted the bear market this year. TWT has increased its value by 90% since the beginning of the year.
Trading at $1.347 on December 27th, TWT started the year at $0.7084. TWT, which currently has a market capitalization of $561.75 million, is ranked 62nd. Its rise is no doubt a sign of the increasingly central role Binance and its CEO and co-founder CZ (Chang Peng Zhao) are playing in the crypto ecosystem.