Trust Wallet Token is available for trading on various platforms including MXC and Binance DEX. It can be traded against a variety of cryptocurrencies such as Bitcoin (BTC), Binance Coin (BNB) and Tether (USDT).
The following are important use cases for the Trust Wallet token:
- It can be used as a payment method for various services that accept TWT.
- Being a BEP-20 asset, TWT can be used to exchange for (or purchase) other cryptographic assets.
- TWT holders can participate in the decision-making processes of the Trust Wallet and vote on various updates and features.
- It can be used to access various discounts on crypto investments through Trust Wallet.
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Trust Wallet token price prediction: Is TWT a good investment?
Trust Wallet supports numerous tokens in different blockchains such as Binance, Tron, and Ethereum. In addition, TWT holders may have additional benefits when using the Trust Wallet. For example, they may have discounts on various cryptocurrency purchases.
Also, as more and
more people are switching to unguarded wallets, wallets like Trust Wallet and Atomic Wallet Coin have plenty of room for future growth. It is because custodial crypto wallets store all user data in cold and hot storage that are easier to hack by intruders. It means that their level of security is lower than in unguarded wallets, where only users keep their private keys without the involvement of third parties.
In addition, the recent collapse of FTX has made people even more wary of centralized exchanges, and therefore, the use of such wallets has increased over the past week.
However, looking at the performance of TWT and its competitor so far, it can be safely said that TWT has performed much better than its competitor.
What are the distinctive features of TWT that distinguish it?
- Trust Wallet is absolutely free and facilitates the use of numerous cryptocurrencies.
- Trust Wallet has improved usability, for example; Its user interface is simple to use.
- Users can also play mobile games through this mobile app.
- It also offers users access to various decentralized applications and decentralized exchanges.
It suggests that TWT is indeed a good medium-term investment option, not only because it is not guarded, but because it also provides a safer option to protect funds and assets along with multiple use cases.
Trust Wallet Token Price Prediction – 2023, 2025 and 2030
Trust Wallet Token TWT Price Prediction 2023 is $2.5
Trust Wallet Token TWT Price Prediction 2025 is $4.9
Trust Wallet Token TWT Price Prediction 2030 is $23.2
Can TWT reach $10?
To reach $10, the Trust wallet token needs to grow by around 5.84, considering its current market price of $1.71.
In addition, TWT’s all-time highest price is $2.65 which it reached in December 2022, where it grew 4.14 times in 7 months (i.e., from the lowest value of $0.64 in May 2022). Therefore, it grew about 0.59 times in a month.
So, TWT needs a minimum of 10 months to reach $10. However, it will also depend on market economic conditions; therefore, TWT may need a little longer to reach that value.
Can the Trust Wallet token reach $100?
TWT is currently priced at $1.71; So, it must grow 58.4 times to reach a price level of $100.
Since it showed 0.59-fold growth in a month, TWT needs at least 98 months (just over 8 years) to reach $100.
Now, it may take even longer than calculated to reach that value depending on the market situation. So, we can’t expect TWT to reach $100 in the near future.
Where can I buy TWT tokens?
Trusted wallet tokens can be purchased on various major centralized and decentralized crypto exchanges such as Binance, KuCoin, Gate.io, Bitget, MEXC, CoinDCX, PancakeSwap, ApeSwap, and Binance DEX.
What is Trust Wallet Token (TWT)
Trust Wallet is a crypto and NFT wallet that is non-custodial and mobile-based. It supports over 4.5 million digital assets and 65 blockchains. The Trust Wallet token is the native cryptocurrency of Trust Wallet. TWT is also a governance token of Trust Wallet, where users can participate in platform decision-making processes with the use of TWT.
Note that TWTs can be easily transferred to any wallet and can be exchanged for other assets. The token is among the first tokens that were launched on Binance Smart Chain and, therefore, required an extremely low fee for the transaction.
The maximum supply of Trust Wallet Tokens has been set at 1 billion, of which 1/4th is already in circulation. The token is based on BSC (Binance Smart Chain) and, therefore, supported by a proof-of-stake consensus mechanism.
~Charu Taneja
