The past week was a rollercoaster of emotions for everyone in the cryptocurrency market. The FTX bankruptcy sent some shock waves across the landscape aside from users who might have been directly affected by the incident. Changpeng "CZ" Zhao, the CEO of the largest cryptocurrency exchange Binance, urged crypto community members to use Trust Wallet to take personal ownership of their digital assets, inspiring TWT, the app's native token, to reach a record high.
With the price jump, Trust Wallet Token(TWT) is only a few cents away from its all-time high. Compared to the rest of the market, that's some strength because most cryptocurrencies are over 60% down from their all-time high.
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With the collapse of FTX and the scrutiny of other centralized exchanges, the fear of the landscape is demonstrated, and Dogeliens (DOGET) has also felt some of that wave on presale. However, the meme token continues to sell on stage 1 presale. Considering the potential Dogeliens has to grow, the presale is offering the token to early investors at the lowest price it would ever be. It would be smart to jump on the low-risk opportunity.
Zhao tweeted on Sunday encouraging users to use self-custody and suggested Trust Wallet. As investors reconsider how to protect their assets in the aftermath of the collapse of cryptocurrency exchange FTX and the following attack that stole $600 million worth of coins from its wallets, Zhao is pushing for self-custody. Trust Wallet, which Binance purchased in 2018, is a decentralized hot wallet that makes storing cryptocurrencies and non-fungible tokens easier. It works with several blockchains.
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Trust Wallet Token(TWT)
Trust Wallet Token(TWT) is the native token of the noncustodial hot Trust Wallet used to store cryptocurrency. It offers users access to various blockchains under the same wallet compared to Metamask, which is only compatible with EVM blockchains. Trust Wallet enables users to access assets and permissionless dApps without the need to log into any system. TWT serves as a governance and utility token and the governance and user incentives are the two critical utilities that drive TWT coins. The Trust Wallet Token's inventor claims that the asset's primary goal is to raise users' understanding of governance, encourage community voting, and give them a sense of pride in Trust Wallet.
Updates to the program and new features are among these advances. TWT holders have some governance contribution and can also benefit from exclusive access and savings when investing in cryptocurrencies using the wallet. Users may earn TWT tokens by completing tasks like quizzes, referral campaigns, trading, staking, and other in-app activities.
Dogeliens(DOGET)
Dogeliens is a new dog memecoin launching on the BNB Smart Chain and is looking to bring on the next wave of memecoin pump. It has been the favorite bet of most crypto enthusiasts because it shares some similarities with Dogecoin and is currently underpriced on presale. This allows for a massive room for a price pump as compared to DOGE or SHIB, which are overpriced and cannot deliver an explosive price pump like in the last bull run.
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Dogeliens wants to create value that translates to wealth across DeFi and NFTs. It would be one of the earliest iterations of both utilities in a memecoin project and would be looking to onboard more users in and outside of the crypto landscape. The DAO governance model introduces a new growth dynamic, allowing users to be actively involved in governing the ecosystem while having direct input.
Dogeliens has been established as the next big memecoin in the past few weeks, and the momentum has continued to soar on presale. Join the presale here now, and don't miss out on massive gains opportunity.
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More info on DOGET:
Presale: buy.dogeliens.io
Website: https://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
