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Thursday, November 21, 2024

Trust Wallet Token (TWT) Price Prediction 2023-2030: Will TWT Price Hit $10 Soon?

By Tobith Tom
Published:
Last Updated:
Trust Wallet Token (TWT) Price Prediction 2022
  • Bullish TWT price prediction ranges from $2.0182 to $2.4528.
  • TWT price might also reach $2.6 in 2023.
  • TWT’s bearish market price prediction for 2023 is $0.3552.

With the introduction of cryptocurrency and blockchain technology, crypto wallets have played an important role in securing users’ crypto assets. Moreover, crypto wallets store the users’ public and private keys, allowing them to easily access their digital assets. Trust Wallet is one such decentralized wallet that enables users to have complete control over digital assets such as cryptocurrencies.

Apart from giving users complete control over their wallet, Trust Wallet’s aim is to make crypto more accessible by making its platform user-friendly. The utility token of the Trust Wallet app, TWT, provides various features and benefits within the platform. As the crypto industry continues to grow, it is natural for the community to ponder over the crypto wallets. developments over time.

If you want to learn about TWT’s price analysis and forecast for 2023, 2024, 2025, 2026, 2027, 2028, and 2050, read this Coin Edition’s price prediction article.

Table of contents

Trust Wallet Token(TWT) Market Overview

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What is Trust Wallet Token (TWT)?

Trust Wallet claims that it is a decentralized wallet that encrypts the keys to users’ cryptocurrency wallets. This would ensure that the users’ digital assets are secure and easily accessible for them. 

As part of its mission to make crypto more accessible for users, Trust Wallet acts as a bridge connecting various blockchains that are integrated into it. Moreover, Trust Wallet highlights that it does not hold any user funds, however, stored on the blockchain.

Users gain access to their wallets if they own the private keys or recovery phase. Moreover, Trust Wallet is free and can download on various platforms such as GooglePlay and App Store. For every crypto purchase, Trust Wallet collects a 1% fee.

 Trust Wallet points out that the fees would be used for further developments and paid to miners and validators. However, Trust Wallet also states that the fees could be waived by holding TWT, the utility token of Trust Wallet.

Furthermore, Trust Wallet allows users to easily manage their addresses and conduct other crypto transactions like trading and staking. Trust Wallet enables users to browse for dApps without leaving the wallet. 

The Trust Wallet Token aka TWT is described as the official utility token of Trust Wallet, which is built on the Binance Smart Chain. TWT can be used to pay transaction fees, participate in token sales, and earn rewards staking. TWT holders also receive governance rights and vote on Trust Wallet update proposals.

Trust Wallet Token (TWT) Current Market Status

The maximum supply of Trust Wallet Token (TWT) is 1,000,000,000 TWT, while its circulating supply is 416,649,900 TWT, according to CoinMarketCap. At the time of writing, TWT is trading at $1.59, representing a 24-hour increase of 7.70%. The trading volume of TWT in the past 24 hours is $427,610,334, representing a 158.40% increase.

Some top cryptocurrency exchanges for trading Trust Wallet Token (TWT) are Binance, Kucoin, Gate.io, Bybit, and more.

Now that you know what TWT is and its current market status, let’s discuss the price analysis of Trust Wallet Token (TWT) for 2023.

Trust Wallet Token (TWT) Price Analysis 2023

Will TWT’s most recent improvements, additions, and modifications help its price rise? Moreover, would the changes in the blockchain industry affect TWT’s sentiment over time? Read more to find out about TWT’s 2023 price analysis.

Trust Wallet Token(TWT) Price Analysis – Bollinger Bands

The Bollinger Bands (BB) are a technical analysis tool that is used to analyze price movement and volatility. Bollinger Bands (BB) utilize the time period and the standard deviation of the price. Normally, the default value of BB’s period is set at 20. The upper band of the BB is calculated by adding 2 times the standard deviations to the Simple Moving Average (SMA), while the lower band is calculated by subtracting 2 times the standard deviation from the SMA. Based on the empirical law of standard deviation, 95% of the data sets will fall within the two standard deviations of the mean.

TWT/USDT 1-Day Chart Showing Bollinger Bands (Source: TradingView)

The candlesticks were moving downward in the bottom half of the Bollinger Bands during their downtrend momentum. However, after continuously remaining in the bottom half for a long time, the candlesticks moved into the top-half region of the Bollinger Bands. During its time in the top half, TWT formed several green candlesticks that continuously tested the upper band of the Bollinger Bands, indicating a possible breakout. This theory proved to be true as the candlesticks broke above the upper band, which caused the bands to stretch. The bands expanding clearly show that TWT’s current market may be experiencing high volatility.

Trust Wallet Token (TWT) Price Analysis – Relative Strength Index (RSI)

The Relative Strength Index (RSI) is a momentum indicator utilized to find out the current trend of the price movement and determine if it is in the oversold or overbought region. Traders often use this tool to make decisions about when to buy or sell the tokens. When the RSI is often valued below or at 30, it is considered an oversold region, and a price correction could happen soon. Moreover, when the RSI is valued above or at 70, it is regarded as an overbought region, and traders expect the price to fall soon.

TWT/USDT 1-Day Chart Showing RSI (Source: TradingView)

The RSI indicator also confirms that the recent price action of TWT was highly influenced by a large number of buyers’ entries. After the bullish crossover, the RSI immediately crossed the level 70 barrier, signaling that the altcoin had reached the overbought region. However, after reaching its peak, the RSI started to fall down and is still pointed downward. If it continues to move downward, then it will form a bearish crossover with the SMA. 

Trust Wallet Token (TWT) Price Analysis – Moving Average Convergence Divergence (MACD)

The Moving Average Convergence Divergence (MACD) indicator can be used to identify potential price trends, momentums, and reversals in markets. MACD will make the reading of a moving average cross easier. The MACD indicator is calculated by subtracting the long-term EMA (Exponential Moving Average) indicator from the short-term EMA. Normally, the default values for the MACD are set at the 12-day EMA, 26-day EMA, and 9-day EMA. Moreover, MACD is considered a lagging indicator as it cannot provide trade signals without any past price data. MACD plays an important role, as it can confirm trends and identify potential reversals.

TWT/USDT 1-Day Chart Showing MACD (Source: TradingView)

The MACD further confirms that the TWT is experiencing a spike in the market as green bars are forming in the histogram. Furthermore, the MACD line is distancing itself from the signal line and continues to move upwards. There are still no signs that the MACD line may reverse or fall, as the indicator is still shooting upwards with no brakes.

Trust Wallet Token (TWT) Price Prediction 2023-2030 Overview

YearMinimum PriceAverage PriceMaximum Price
2023$0.6341$1.1811$2.4528
2024$1.4645$2.4859$3.5234
2025$3.4795$5.4941$7.5271
2026$7.0234$9.5221$12.6551
2027$13.106$13.8521$15.1851
2028$15.053$16.5441$17.6851
2029$17.592$31.7831$41.3241
2030$43.541$53.0131$67.2731
2040$91.97$128.48$139.46
2050$210.98$260.47$273.2645

Trust Wallet Token (TWT) Price Prediction 2023

TWT/USDT 1-Day Chart (Source: TradingView)

The recently formed green candlesticks made TWT cross several resistance levels. Moreover, the MACD and BullvsBear Power indicators signal the presence of bulls in the altcoin’s market. Although there are still no signals of retracement, several traders may expect the prices to fall slightly. Moreover, the ADX seems to be growing further, confirming that the current trend is very strong. Ideally, when prices experience a massive spike, traders often expect a retracement.

Meanwhile, the price prediction of TWT for 2023 remains bullish and is expected to reach beyond the level of $2.0182. The bearish price prediction range for TWT is between $0.4787 and $0.3552. However, if TWT experiences extremely bullish sentiment, then it would cross the $2.615 threshold.

Bullish Price PredictionBearish Price Prediction
$2.0182-$2.4528$0.4787-$0.3552

Trust Wallet Token (TWT) Price Prediction 2023 – Resistance and Support Levels

TWT/USDT 1-Day Chart (Source: TradingView)

If TWT experiences a bullish period, it has the potential to reach its extreme bullish area at the $2.615 level. Moreover, TWT has the potential to reach resistance 1 at the $2.1191 level if it continues to experience a bullish period. When TWT passes through resistancetance, each level could become a new support level.

Trust Wallet Token (TWT) Price Prediction 2024

The positive sentiment that comes with the news of Bitcoin halving could directly impact the price of TWT. Since 2024 is a year of Bitcoin halving and most cryptocurrencies respond in the same trend as Bitcoin, we could see the price of TWT trade at $3.48 by the end of 2024.

MonthMinimum PriceAverage PriceMaximum Price
January 20241.60271.70932.136
February 20241.5821.76932.0083
March 20241.64201.85522.0875
April 20241.75511.92342.4910
May 20241.85632.14652.6979
June 20242.04422.48592.9753
July 20242.17692.56473.0273
August 20242.38812.67483.1674
September 20242.68342.81733.2757
October 20242.77112.96363.3759
November 20242.91103.15373.4881
December 20243.29193.38213.5234

Trust Wallet Token (TWT) Price Prediction 2025

By the end of 2025, the Trust Wallet Token (TWT) price could rise to $7.5271. This is because of the price surge a year after Bitcoin halved. It is also considering that more developments will be introduced into the Trust Wallet platform to ensure more investors are attracted to a stake in its decentralized finance (DEFI) products.

MonthMinimum PriceAverage PriceMaximum Price
January 20253.47953.88964.0806
February 20253.88113.98474.4911
March 20254.01964.30424.6023
April 20254.34854.66384.9569
May 20254.55424.85555.3697
June 20254.76115.06715.6731
July 20255.08715.49415.8001
August 20255.28215.88616.1921
September 20255.57786.48116.6871
October 20256.35126.63817.0441
November 20256.68616.99017.3981
December 20256.81617.12117.5271

Trust Wallet Token (TWT) Price Prediction 2026

With the number of TWT hodlers on the increase and the growing sentiment about cryptocurrencies, TWT has the possibility of holding most of its recent gains and consolidating. Hence, the price of TWT could trade around $12.3491 by the end of 2026 due to the bear market that serves as a market correction after a strong bullish run.

MonthMinimum PriceAverage PriceMaximum Price
January 20267.02347.42857.7343
February 20267.50837.6127.9189
March 20267.72428.03268.4388
April 20268.05768.59148.9976
May 20268.46578.78329.0884
June 20268.68919.09519.6011
July 20268.81519.52219.9281
August 20269.41019.814110.5201
September 202610.070610.709111.4151
October 202610.863111.566112.3721
November 202611.814112.118112.4261
December 202612.044112.349112.6551

Trust Wallet Token (TWT) Price Prediction 2027

By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to the possibility that the market has attained its minimum support level. The price of TWT could surge to $14.8791 by the end of 2027.

MonthMinimum PriceAverage PriceMaximum Price
January 202712.55312.55812.564
February 202712.73812.74212.748
March 202712.95412.96213.068
April 202713.10613.12113.327
May 202713.313.31313.318
June 202713.619113.625113.6311
July 202713.845113.852114.2581
August 202714.040114.044114.0501
September 202714.23614.239114.2451
October 202714.393114.396115.1021
November 202714.644114.648114.6561
December 202714.874114.879115.1851

Trust Wallet Token (TWT) Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. Therefore, the market could attain a higher high-value Trust Wallet Token (TWT) could hit $17.3791 by the end of 2028.

MonthMinimum PriceAverage PriceMaximum Price
January 202815.05315.05815.064
February 202815.23815.24215.248
March 202815.45415.46215.568
April 202815.60615.62115.827
May 202815.815.81315.818
June 202816.119116.125116.1311
July 202816.345116.352116.7581
August 202816.540116.544116.5501
September 202816.73616.739116.7451
October 202816.893116.896117.6021
November 202817.144117.148117.1561
December 202817.374117.379117.6851

Trust Wallet Token (TWT) Price Prediction 2029

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing some lessons learnt to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin (BTC) halved, could surge the price of TWT to $41.0181 by the end of 2029.

MonthMinimum PriceAverage PriceMaximum Price
January 202917.59217.59717.603
February 202917.77717.78117.787
March 202919.69319.70119.807
April 202922.54522.5622.766
May 202925.73925.75225.757
June 202927.058127.064127.0701
July 202928.784128.791129.1971
August 202931.779131.783131.7891
September 202933.97533.978133.9841
October 202935.832135.835136.5411
November 202938.783138.787138.7951
December 202941.013141.018141.3241

Trust Wallet Token (TWT) Price Prediction 2030

The cryptocurrency market experienced high stability as a result of the hodling activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of Trust Wallet Token (TWT) to trade around $66.9671 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

MonthMinimum PriceAverage PriceMaximum Price
January 203043.54143.54643.552
February 203043.72643.7343.736
March 203045.64245.6545.756
April 203048.49448.50948.715
May 203051.68851.70151.706
June 203053.007153.013153.0191
July 203054.733154.740155.1461
August 203057.728157.732157.7381
September 203059.92459.927159.9331
October 203061.781161.784162.4901
November 203064.732164.736164.7441
December 203066.962166.967167.2731

Trust Wallet Token (TWT) Price Prediction 2040

According to our long-term Trust Wallet Token price estimate and If the current growth rate continues, we could anticipate an average price of $128.48 by 2040. If the market becomes bullish, the price of Trust Wallet Token may increase beyond our 2040 forecast.

Minimum PriceAverage PriceMaximum Price
$91.97$128.48$139.46

Trust Wallet Token (TWT) Price Prediction 2050

According to our Trust Wallet Token forecast, the average price of Trust Wallet Token in 2050 might be above $260. 47. If more investors are drawn to Trust Wallet Token between these years, the price of Trust Wallet Token in 2050 could be far higher than our projection.

Minimum PriceAverage PriceMaximum Price
$210.98$260.47$273.2645

Conclusion

As said above, TWT might reach $2.4528 in 2023 and $273.2645 by 2050 if investors have decided that TWT is a good investment, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Trust Wallet Token (TWT)?

The Trust Wallet Token, aka TWT, is described as the official utility token of Trust Wallet, which is built on the Binance Smart Chain. TWT can be used to pay transaction fees, participate in token sales, and earn rewards by staking. TWT holders also receive governance rights and vote on Trust Wallet update proposals.

What is TWT’s All-Time High?

TWT achieved its all-time high of $2.72 in 2022.

How to buy Trust Wallet Token (TWT) Token?

Like other cryptocurrencies, Trust Wallet Token (TWT) can be traded in other crypto exchanges like Binance, MEXC, Kucoin, Gate.io, and others.

Will TWT Token surpass its present ATH?

TWT has a low possibility of surpassing its All Time High in 2024. However, due to the positive sentiments of its investors, this could be reached by 2023.

Can TWT reach $2 soon?

TWT is one of the few cryptocurrencies that has retained its bullish momentum in the past 14 days. If this momentum is maintained, TWT might reach $2 soon after its breaks the $1.54 psychological resistance.

Is TWT a good investment?

TWT has been one of the most suitable investments in the crypto space in the past few years. With its return on investment exceeding more than 1,000%, this altcoin is one of the digital assets that has the potential to reach new heights.

What is the present all-time low price of TWT?

TWT has a present all-time low price of $0.006478.

Who is the founder of Trust Wallet?

Viktor Radchenko founded Trust Wallet before it was sold to Binance in 2018.

What is the maximum supply of TWT?

TWT has a maximum supply of 1,000,000,000 TWT.

When was Trust Wallet launched?

It was launched in November 2017.

Where can TWT be stored?

TWT can be stored in private wallets and cold and hot wallets of centralized exchanges.

What will be the TWT price by 2023?

TWT price is expected to reach $2.4528 by 2023.

What will be the TWT price by 2024?

TWT price is expected to reach $3.5234 by 2024.

What will be the TWT price by 2025?

TWT price is expected to reach $7.1211 by 2025.

What will be the TWT price by 2026?

TWT price is expected to reach $12.6551 by 2026.

What will be the TWT price by 2027?

TWT price is expected to reach $14.8791 by 2027.

What will be the TWT price by 2028?

TWT price is expected to reach $17.3791 by 2028.

What will be the TWT price by 2029?

TWT price is expected to reach $41.0181 by 2029.

What will be the TWT price by 2030?

TWT price is expected to reach $66.9671 by 2030.

What will be the TWT price in 2040?

TWT price is expected to reach $128.48 by 2040.

What will be the TWT price in 2050?

TWT price is expected to reach $260.47 by 2050.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
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