Crypto:
36638
Bitcoin:
$91.210
% 2.59
BTC Dominance:
%58.7
% 0.02
Market Cap:
$3.13 T
% 1.20
Fear & Greed:
28 / 100
Bitcoin:
$ 91.210
BTC Dominance:
% 58.7
Market Cap:
$3.13 T

This Altcoin Soars After Comment from Binance Co-Founder!

cz

The latest development stirring the cryptocurrency market comes from the Trust Wallet (TWT) token. Following comments from Binance co-founder Changpeng Zhao (CZ), TWT quickly gained over 40% in value, rising from $0.89 to above $1.2. The token even briefly tested $1.3 on the Binance exchange.

Notable TWT Comment from CZ

CZ shared key insights about TWT’s past and future on his official X (Twitter) account:

“The TWT token started as an experiment. FDV rose very quickly. 99% of the supply was burned, but for a long time, there wasn’t enough utility. Now this is expanding.”

This statement, combined with new strategies aimed at strengthening the Trust Wallet ecosystem, has created a wave of confidence in the market.

New Strategy: More Benefits, More Engagement

The Trust Wallet team recently shared a new roadmap for TWT in its tokenomics litepaper. The strategy aims to:

  • Incentivize long-term users with loyalty rewards,
  • Increase active participation through community incentives, and
  • Strengthen TWT’s role within the ecosystem with enhanced service features.

With this vision, the team intends for TWT to evolve beyond a simple governance token into a powerful ecosystem token that engages a broader user base.

What is Trust Wallet?

Trust Wallet is a cryptocurrency wallet software that allows secure trading of various cryptocurrencies. Today, it supports over 100 blockchains and is among the most popular wallets. With its large user base and Binance affiliation, TWT could gain broader utility as loyalty and incentive programs are introduced under the new strategy.

Recent Market Performance

  • Daily increase: over 40%
  • Short-term peak: $1.3
  • Current price: around $1.2
  • ATH (All-Time High): above $2.7 in 2022

This surge has fueled expectations that TWT may regain strong momentum in the near term.

A New Era Begins for TWT

CZ’s comments and the new strategy announced by the Trust Wallet team are further expanding TWT’s role in the crypto ecosystem. If the loyalty rewards and incentive mechanisms outlined in the roadmap are successfully implemented, TWT could see stronger long-term performance.

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