Market Rank | #205 |
---|---|
Market Cap | $ 508.3M |
Volume 24h | $ 50.7M |
Circ. Supply | 416.6M |
Total Supply | 1000.0M |
Max Supply | ? |
The current price of Trust Wallet Token (TWT) is $ 1.22, with a decreased of -3.00% in the last 24 hours. As the crypto market is always fluctuating, this price provides a snapshot of TWT's value at this moment.
Trust Wallet Token (TWT) is a utility token designed for exclusive use within the Trust Wallet app, which is a popular mobile cryptocurrency wallet. TWT aims to provide various incentives to users of the app and facilitate participation in the governance of the Trust Wallet ecosystem. It enables users to contribute to decision-making processes, such as adding new blockchain support, managing token listings, and shaping product features.
Trust Wallet Token was created by the developers behind Trust Wallet, which is marketed as a user-friendly, secure, and multifunctional wallet for mobile devices. Trust Wallet itself gained significant attention and credibility after being acquired by Binance, one of the leading cryptocurrency exchanges.
Trust Wallet Token has a variety of uses within the Trust Wallet ecosystem:
TWT holders can use their tokens to participate in the governance of Trust Wallet's software development, including the proposal and support of new features or cryptocurrency additions.
Users can receive discounts when they use Trust Wallet's built-in decentralized exchange (DEX) services or when purchasing cryptocurrencies within the app.
TWT facilitates a marketplace for trading, selling, and buying digital collectibles, appealing to users interested in the growing non-fungible token (NFT) space.
Developers are encouraged to create and improve decentralized applications (DApps) for mobile devices with incentives from TWT rewards, enhancing the Web 3.0 experience.
The token can be converted to other well-known cryptocurrencies such as BNB or ETH and used to cover network fees associated with blockchain transactions.
Trust Wallet users can vouch for developers and products they support, using TWT to showcase the quality of these products within the Trust Ecosystem.
TWT's uniqueness comes from its tight integration with the Trust Wallet app and its focus on mobile users. It serves as a multipurpose utility token, influencing app development, offering economic benefits for transactions and services, and fostering a community through rewards and reputation systems.
Trust Wallet Token (TWT) is available on various cryptocurrency exchanges. Interested buyers can look up the current LBank, DigiFinex, CoinEx, Bitkub, CEX.io where TWT is listed for purchase.
The circulating supply of Trust Wallet Token (TWT) is currently 416.6M. It is important to note that the total supply may differ, which can affect its scarcity and value.
As of the latest data, Trust Wallet Token (TWT) has a market capitalization of $ 508.3M, ranking it at #206 in the cryptocurrency market.
While the specifics of TWT distribution may vary over time, the token is typically earned through user participation in the Trust Wallet ecosystem, such as completing tasks, participating in governance, or through promotional events and rewards.
The future of Trust Wallet Token hinges on the adoption and growth of the Trust Wallet app itself, the expansion of its services, and the ongoing engagement of its user base in governance and app enhancements. As with all cryptocurrencies, its path will be influenced by broader market trends and technological advancements.
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