Trust Wallet, the project that the Binance exchange highlighted during the period when it accelerated its investments in the DeFi field, gave its new good news. With the good news, the token price exceeded $ 1 again. Although decentralized finance brings with it many risks, they are doing their best to attract more users in the next bull season with features similar to centralized platforms.
Why is TWT Coin Rising?
few minutes ago Trust Wallet Launchpool announced. Launchpool, which allows early stage investors to invest in new tokens, also brings more users to the stock market and DeFi protocols. Through Launchpool, users can join specific pools to earn new tokens as rewards and TWT or can earn tokens by locking other tokens.
Trust Wallet will open to more than 140 million users if Launchpool is successful in the long term TWT Coin may cause the price to rise even further. For example, launching a hype project here and requiring TWT Coin to be locked in the stake pool will naturally increase the demand and token price.
After the news, the price, which rapidly melted due to the BTC decline, exceeded $ 1 again, but it could not stay there permanently.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.