A Case For $2 or More TWT By The End of March 2021

Only last week, the Trust Wallet Token (TWT) was listed on Binance, the largest centralized crypto exchange in the world. That TWT would be listed on Binance, frankly, was a textbook prediction. This was because Binance had about a month prior launched an airdrop, which I would prefer to call a campaign, geared towards rasing awareness and adoption of the TWT token. Obviously, Binance has a large stake in the success of TWT because it had purchased the application a few years ago.

A master of the game, Binance succeeded in bringing TWT before the eyes of its teeming users and investors. From having about a million downloads on the Google Playstore at the time of the campaign, airdrop if you like, the Trust Wallet has over 5 million downloads today. That is a stunning 500% increase in the number of downloads, all within a month.

Then Binance went on to list TWT, what I personally believe is Binance's plan to rival mainstream tokens such as UNI, SUSHI, CRV, etc. The Trust Wallet is decentralized, user-friendly, does not need KYC to be used, and serves as gateway in accessing all known DeFi platforms across different blockchains. On top of that, the Trust Wallet has an in-built Dex and swap platform that allows for seamless cross chain swaps. Arguably, these amazing functionalities cannot be found elsewhere today in the cryptospace.

In terms of utility, TWT stands out. The token is not only the governance token of the Trust Wallet but can be staked to farm many of the DeFi tokens that are launching on the Binance Smart Chain (BSC). It appears that TWT is today the most useful token on the BSC because everything appears to be centered around it.

On the very hour TWT was listed on Binance, it was trading at 25 cents before it peaked at 38 cents and then retraced sightly above its listing price. Yesterday, there was a bullish price breakout that now puts the TWT slightly above 50 cents and there is no sign of a trend reversal at the time of writing this article. With the volume of money flowing into the coin at the moment, $1 might likely be seen within the next few days, consequently making a conservative case for $2 or more in the next two months.

With the enviable use case of the TWT as a utility and governance token and the formidable backing of Binance, it will not be a surprise to see TWT hit double digits at the peak of the altseason. The train is moving already, grab some TWT for yourself now - of course, DYOR.

Posted Using LeoFinance ^Beta