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7h ago

Trust Wallet’s TWT Soars Over 40% After CZ Endorses Utility Revamp

The surge followed Trust Wallet’s tokenomics roadmap that makes TWT the gateway to tiered rewards, premium features, plus the Trust Alpha incubator.

Trust Wallet
Trust Wallet's TWT token jumps over 40% on Binance co-founder’s statement

Overview

  • TWT jumped from about $0.89 to over $1.20 within minutes of CZ’s post on X, briefly touching $1.30 before stabilizing above $1.10, according to CoinGecko and exchange data.
  • CZ wrote that TWT “started as an experiment,” noted a 99% supply burn after an overheated FDV, and said use cases are now expanding.
  • Trust Wallet’s new litepaper outlines plans for tiered loyalty rewards, sponsored gas transactions, advanced trading tools, and ecosystem incentives tied to TWT.
  • The roadmap introduces Trust Alpha, described by the company as a “Launchpool 2.0” program to connect new projects with Trust Wallet users before potential wider integration.
  • Despite the rally, TWT remains more than 50% below its late‑2022 all‑time high of $2.70, underscoring that the move is event‑driven as the utility push rolls out.