Wednesday, July 28, 2021
Home Guides What Is Trust Wallet And What Is Trust Wallet Token (TWT)

What Is Trust Wallet And What Is Trust Wallet Token (TWT)

- Advertisement -

The cryptocurrency exchange Binance has announced listing of the Trust Wallet Token (TWT). The price of TWT, which also rose due to the impact of the announcement, broke all time high record and reached 0.44 USD today.

Binance, the world’s largest cryptocurrency exchange in terms of trading volume, announced that it will list the Trust Wallet token.

To Trade TWT

According to a statement issued by the Binance exchange, TWT is listed as part of the Innovation Zone on January 27, 2021. From this date, Exchange users will be able to trade Trust Wallet tokens under TWT/BTC, TWT/BUSD and TWT/USDT pairs.

When Binance announced it would list TWT, The token set a record by rising more than 70% in one day. The Trust Wallet Token managed to position its all-time high at $0.44 on Jan, 28th, 2021. The price of TWT increased by more than 100% in 1 month.

What is Trust Wallet and Trust Wallet Token (TWT)?

Trust Wallet is a cryptocurrency wallet owned by Binance, that allows users to buy, store, exchange and earn cryptocurrencies.


With easy access to cryptocurrencies, Trust Wallet supports Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Binance Coin (BnB), Ripple (XRP), stellar (XLM), Dash (DASH), TRON (TRX), Polkadot (DOT), Tezos (XTZ), Cosmos (ATOM), Kava (KAVA) and Dogecoin (DOGE) cryptocurrencies.

Other than that Trust wallet stores all ERC20, BEP-2 and BEP 20 tokens.

Trust Wallet allows its users to earn interest and staking rewards on cryptocurrencies stored in wallet.

Trust Wallet Token (TWT) is Trust Wallet’s cryptocurrency based on Binance Smart Chain BEP-2 and BEP-20. It is not an ERC20 token. The circulating supply for TWT, , is 1,000,000,000. Just like BNB, TWT token also has strong token burning plan in future. They are committed to burn tokens worth million of dollars to reduce the circulating supply with time.

Trust Wallet (TWT) Token Price Prediction

Trust wallet token was launched on April 2020, The launching price was around $0.0065. The most important factor that has caused hype for TWT token is that Binance, the world leading exchange acquired Trust wallet. 

Trust wallet is now the product of Binance exchange. Because of such acquisition and listing of TWT token on Binance, TWT price has gained significantly reaching 0.44 USD, all time on 28th, Jan, 2020.

That is insane profit for TWT holders in just few months. As trust wallet is Binance product so you can imagine that Binance will keep on bringing news innovations in trust wallet. Because of Binance name, trust wallet is trusted by millions of users, and its use will increase when crypto will be more adopted in future.

Buy and Sell Cryptocurrency at Paybis

The other significant point that will help in TWT price increase is burning of TWT token. Binance is always committed to increase price of their BNB token. They have made thousand of partnerships, implemented hundreds of plans to increase the use of BNB token. So that BNB worth increase with time.

We hope that Binance would definately like TWT prices to go up. They already have token burning plan for TWT coin to reduce TWT circulating supply over time. The lesser the supply, the higher price will go if the demand of TWT token remained stable.

Our Trust wallet token price prediction for 2021 is around $0.50 to $1.20.

Our TWT token price prediction for 2022 is around $1.50 to $2.50.

Our trust wallet token price prediction for 2025 is about $4.25 to $5.50.

To Trade TWT

You must remember that these are just our TWT coin price prediction, we are not financial advisers. You must do your own research before buying any financial instrument.

 

- Advertisement -
Mark Brennanhttps://thecryptobasic.com/
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

The Graph to use Polygon for its billing system

Singapore, Singapore, 28th July, 2021, Polygon proof-of-stake (PoS) is an Ethereum scaling solution whose ecosystem attracts the brightest developers from all over the world....

Coca-Cola To Launch First-Ever NFT Collectibles

Coca-Cola and Tafi became partners as Tafi is designing virtual wearables for Coca-Cola's first-ever non-fungible token (NFT) collectibles to celebrate International Friendship Day on...

Binance CEO Aims To Make Binance Regulated Worldwide, Also Daily Withdrawal Limit For Binance Unverified Accounts Reduced And Binance Leverage Trading Limit Reduced

Changpeng Zhao, Binance CEO and Founder, stated that Binance will work with local regulators in order to establish Binance regional headquarters.

Utah Resident, A Dogecoin Fan Selling His Home For Crypto Offers a Generous 10% Discount only If He Is Paid In Doge

According to local TV station KUTV (Video Below), an American citizen from Utah joined the ranks of those selling their property for cryptocurrencies. Utah Resident,...

Panther Protocol Partners with Vegaswap

Midtown, Gibraltar, 27th July, 2021, Panther Protocol, the privacy protocol, has partnered with Vegaswap, the automated market maker (AMM) protocol with multichain support. Vegaswap is...

European Digital Identity: Talao Announces Professional Credential Solution

Paris, France, 27th July, 2021, Talao, a blockchain-based Digital Identity specialist for the Human Resource industry, today announced a professional credential application to transform...

Vechain CEO, Sunny Lu Interview By Fenbushi Capital, Sunny Lu Talks About Partners, Investors And The Three Historic Choices

VeChain CEO, Sunny Lu, was interviewed by Fenbushi Capital for their Distributed Entrepreneurship Column. Sunny talks partners (DNV, PwC), investors (Fenbushi, Fenchain), and the three...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.

follow us in feedly