In a post on X, Changpeng Zhao reflected on the trajectory of TWT and highlighted how the token started as an experiment.
The TWT token surged 25% immediately after, reaching a high of $1.33. In the last 24 hours, it has risen nearly 50%.
Meanwhile, CZ's comments coincide with Trust Wallet's launch of its much-anticipated Litepaper. The document positions TWT as the backbone of its rapidly growing ecosystem.
Trust Wallet, a widely used self-custody wallet, is introducing a tiered rewards system powered by TWT, its governance token.
According to your announcement, the token will unlock benefits such as lower purchase and exchange fees, gas discounts, access to loyalty rewards, and premium support.
Holders will also gain voting opportunities and access to Trust Alpha, which is described as “Launchpool 2.0” for discovering early-stage cryptocurrency projects.