BEP-20 token, Trust Wallet Token (TWT), ranks as the biggest gainer of voting week 23. The Trust Wallet native token climbed 14,867 spots to rank 3,966 on the 18Digits overall log. This post will discuss the Trust Wallet Token (TWT) to help readers understand why our 18Digits voting community helped skyrocket the token.
What Is Trust Wallet Token (TWT)?
The Trust Wallet Token is a simple BEP-20 utility token that offers Trust Wallet users a variety of perks and incentives. Trust Wallet is a mobile cryptocurrency wallet that supports a variety of popular native assets, as well as popular Ethereum, Binance, and TRON tokens. Trust Wallet Token was first released as a BEP-2 asset on Binance Chain; however, in October 2020, it was relaunched as a BEP-20 token on Binance Smart Chain.
Trust Wallet Token (TWT) Information
The current price for one TWT is $0.642, with a market capitalization of $184,367,144.26. There are currently 288,094,211 TWT coins in circulation, with a total supply of 858,094,211 TWT. TWT has a market dominance of 0.02%, with a fully diluted market capitalization of $639,954,352.50. (data from 11th of June,2022, according to CoinMarketCap)
Where Can You Trade Trust Wallet Token (TWT)?
Trust Wallet Token can be bought and traded on several platforms, including centralized and decentralized exchanges. Binance and BKEK are among the common exchanges to trade TWT, with TWT/USDT and TWT/BUSD being the most common trading pairs.
What Makes Trust Wallet Token Unique?
The Trust Wallet Token is a utility token meant to provide extra value to Trust Wallet app users; it has no utility outside of the Trust Wallet ecosystem. Despite this, because Trust Wallet Tokens are a BEP-20 asset, they may be transferred to any wallet that accepts Binance Smart Chain assets, where they can be swapped for other assets or used to pay for services. TWT has developed its value as a speculative instrument because it also grants voting rights and governance over the growth of Trust Wallet and may be used for reduced DEX trades and in-app purchases.
TWT was one of the first tokens listed on the Binance Smart Chain (BSC), a high-performance blockchain for smart contracts and decentralized apps (DApps). As a result, TWT can be transferred with incredibly low fees and transaction confirmation times that are almost instantaneous.
Note: None of the material in this article should be construed as financial advice; do your research before investing.
VOTE NOW: To vote for your favorite cryptocurrencies weekly, you can sign up for free or log in to the 18Digits platform.