Intuition (TRUST), a native token of the Intuition Network, has seen an extraordinary jump of about 250% in a day, with its price climbing from around $0.13 to $0.58
This explosive rally has caught the attention of investors and crypto enthusiasts alike, making it one of the most trending tokens in the blockchain and AI sectors recently.
So, what’s driving this TRUST coin up today?
Major Exchange Listings Sparks Rally
One of the main reasons for the sudden jump was the listing of TRUST on one of the world’s biggest crypto exchanges. Binance announced that TRUST would soon be available on both Binance Alpha and Binance Futures, which immediately increased interest among traders.
Soon after, Bitget also listed TRUST for spot trading on November 6. These listings opened the doors to many new traders, increased liquidity, and created strong buying demand across the market.
Mainnet Launch and Utility News
The project behind TRUST, Intuition Systems, recently launched its mainnet and positioned TRUST as the native token for a new “knowledge economy.” This kind of utility announcement often attracts fresh interest because it shows the project is moving from idea to real product.
Huge Trading Volume Sparks FOMO
Along with the listings, trading volume also exploded, jumping nearly 3,061% to almost $900 million in 24 hours. This kind of volume shows many new buyers rushing in, which naturally pushes the price higher.
When TRUST rises this fast, it often creates FOMO, pulling even more traders into the market. With fresh listings, huge volume, and growing hype, TRUST quickly experienced this strong momentum.
TRUST Token Price Analysis
After the recent strong jump where TRUST touched $0.588, the token has now cooled down and is trading near $0.36. Even with the pullback, the overall chart still looks bullish.
On the 2-hour chart, analysts notice a bullish breakout forming. The real momentum began when TRUST broke above the $0.42 level, which is usually seen as a signal that buyers are taking control.
If this breakout continues, analysts expect the price to retest and climb above $0.61 and further to $1, which acts as the next gateway for larger moves.
But a break below $0.32 would signal a short-term weakness and open the door for a drop toward $0.26.
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FAQs
Intuition (TRUST) is the native token for the Intuition Network, powering a new “knowledge economy” on its recently launched mainnet, blending blockchain with AI utility.
The price surged due to new listings on major exchanges like Binance and Bitget, alongside its mainnet launch, which sparked a massive increase in trading volume and buyer demand.
TRUST is available for spot trading on exchanges like Bitget and will soon be on Binance Alpha and Binance Futures, providing ample access for traders.
Analysts note a bullish pattern; if it holds above $0.32, it could retest $0.61. A break below that support may lead to a short-term pullback toward $0.26.
All crypto investments carry high risk. While TRUST shows momentum with major exchange listings and a live product, its volatility requires careful consideration and personal risk assessment.
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