According to CMC data, TWT is currently trading at $1.49, down 7% in the past 24 hours.
Binance’s new wallet is very similar to TrustWallet, it will run on 30 different blockchains and can be used for staking, lending and borrowing.
One major difference is that the new wallet can only be accessed through the platform’s native app, which may limit users who don’t have or don’t want to sign up for a Binance trading account.
Data shows that TWT has risen by more than 60% since last Wednesday. Five days ago, Binance announced the launch of TWT futures contracts, and the daily trading volume increased from US$80 million to approximately US$476 million on Monday.