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Highlights
- Some cryptos apart from Bitcoin, etc., are gaining attention from crypto admirers.
- Ethereum Classic enables smart contracts by offering the benefit of decentralised governance.
- Trust Wallet Token is a BEP-20 utility token, offering a range of incentives to Trust Wallet users.
The cryptocurrency craze refuses to die down as more and more tech-savvy investors are drawn towards these new-age digital currencies. Apart from major cryptos like Bitcoin, XRP, Cardano, etc., other cryptos have also enticed crypto lovers with their notable characteristics and features.
Here, in this article, let us look at the two cryptos, namely, Ethereum Classic and Trust Wallet Token, which are currently faring well on the Easy Crypto platform.
Must Read: Easy Crypto: Is it a safe platform for crypto trading in NZ?
Source: © 2022 Kalkine Media®
Ethereum Classic
First on the list is Ethereum Classic, which has risen by over 9% in the last 24 hours and is currently trading at US$47.57.
A hard fork of Ethereum (ETH) cryptocurrency, Ethereum Classic, was introduced in 2016 when Ethereum’s original blockchain split into two separate chains following disagreement among its community participants.
Related Read: What is Ethereum Classic (ETC) crypto and why is it rising?
Having ETC as its native token, Ethereum Classic integrates the technology of ETH with that of the philosophy of BTC, thus uniquely positioning itself to be the Smart Contract Platform of the future and facilitating running smart contracts by offering the benefit of decentralised governance.
A Quick Read: 3 cheap cryptos trading on Easy Crypto- Polygon, Dogecoin, Nano
It has a circulating supply of 133.75 million ETC coins, while the maximum supply is capped at 210.70 million coins.
It is pointed out that Ethereum Classic is committed to a proof-of-work algorithm for securing its blockchain, while Ethereum is switching to a proof-of-stake consensus layer.
Trust Wallet Token
Another top gainer at Easy Crypto is Trust Wallet Token, which has risen by over 17% in the last 24 hours and is trading at US$1.11.
Trust Wallet Token, which was earlier introduced as a BEP-2 asset on Binance Chain, was reintroduced as a BEP-20 utility token on Binance Smart Chain in October 2020, with its in-house token being TWT.
Interesting Read: 4 popular crypto wallets among Kiwi crypto lovers
It offers a range of benefits to the users of Trust Wallet. It is noted that functioning as a mobile crypto wallet, Trust Wallet supports several popular crypto tokens.
Further, Trust Wallet Tokenholders can avail discounts on in-app cryptocurrency purchases and also take part in the governance of Trust Wallet.
Do Read: Is Metamask a good crypto wallet?
Currently, nearly 346 million TWT coins are in circulation, while the maximum supply is not known.
Bottom Line
Crypto investments, however lucrative, calls for thorough research as crypto markets are prone to risks and speculation.
Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.
