Trust Wallet Token (TWT) at the time of writing was trending at $1.23.  Over the past 24 hours, the price was up by 2.99% and over the past 7 days the price was up by 4.21%

Worth Knowing Before Reading Ahead:  Trust Wallet is a “Cryptocurrency Wallet” which enables users to buy, sell, and trade NFTs and to exchange and earn various digital assets.

How to get TWT Tokens? Open an account on an exchange which supports TWT, deposit funds in the account, and buy Trust Wallet Token.

To understand the price performance of TWT over time, it helps to understand the price trends in terms of 1 hour, 24 hours, 7 days, 14 days, 30 days, 60 days, 200 days, and 1 year.

Trust Wallet Token (TWT) is a BEP-20 token on Binance Smart Chain (BSC), which is a native cryptocurrency of the Trust Wallet mobile cryptocurrency wallet. TWT holders will be able to use their tokens to access incentives and benefits inside the “Trust Wallet App” including discounts when buying or selling cryptocurrency, connecting to DeFi and DEX platforms like Kyber and Binance DEX, and also for voting on updates to the ecosystem and participating in other governance.

Cryptocurrency exchange giant Binance bought Trust Wallet in 2018. Reportedly about, 10% of customers are accessing DeFi protocols for lending and borrowing. 

History of TWT:  Reportedly, TWT was created more as a fun thing to have as opposed to being a token with a specific problem to solve.

When they first created TWT, they wanted to provide people with a digital asset which will not have any value.  They were just trying to come up with a referral system and instead of giving people points, they were given tokens. The idea was to create an awareness about the digital asset which lives on the blockchain. And people tend to feel special about holding something like this. So, these tokens as assets were in the beginning meant to be given as an incentive to people for referring each other.  Thus, everyone who referred got a token and all of them enjoy the excitement of holding a digital asset.

Since the creators of TWT did not have money to give away, they came up with the idea of giving out a token. However, the “usage of the tokens for referrals took off.”

Eventually, (TWT) was used to ensure the growth for the product.  And, as expected, TWT gave growth for Trust Wallet by bringing in more adoption.  Thus, TWT was used well for the growth of Trust Wallet. Eventually, more numbers of people who did not have an idea about cryptocurrency had a feel for what it means to use and own cryptocurrencies. And, eventually people started to bring in their friends and referred them to use crypto.

That was the idea, and it did well because people started bringing their friends who had never used crypto, and everyone was happy, and that’s what Trust Wallet is trying to do.

TWT were never trying to build any kind of “monetization model” nor were they trying to focus on profits.  All that they were trying to do was to bring in more referrals and have more people get to know crypto.

Eventually, people began to look at TWT in a totally different way.  They did not look at it the way the TWT team wanted people to look at it.  However, the TWT team were okay to build some use cases for whatever it was evolving to be.

So, those who are willing to know more about TWT will do best starting off with downloading and using Trust Wallet.