2021-08-08 09:03:36
TrustWallet
TWT is the native token of the most popular wallet on the BSC network, TrustWallet. This is analogous to Metamask, only in the form of an application on the phone.
Advantages:
The wallet has a powerful community of 1 million followers on Twitter. And the token itself ranks 240 with a capitalization of $ 179 million, which is very little for such a community.
The issue is 1 billion tokens, of which 347 million are in circulation. Also, the token has only 243 thousand holders, although there are much more wallet users. This happened because TWT does not yet perform any function for the wallet. And this is its potential for growth.
Recently, the wallet has integrated the Polygon network, where fees are penny. A celebrates 3 years of partnership with Trust Wallet and launches unique NTF for the wallet. Hinting that TWT may have some useful features soon.
Disadvantages:
Token still has no specific value and is used only for speculation.
30% of the issue, the same as now tokens in circulation are reserved for incomprehensible purposes. Just.
In general, TWT can show powerful growth if it integrates useful functions for the token: staking inside the wallet, unique NTF for holders. Or, as SafePal did - additional bonuses during staking for SFP holders.
@DeFi_Updates
51.3K views06:03
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