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.
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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.
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.
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.
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.
Currently, nearly 346 million TWT coins are in circulation, while the maximum supply is not known.
Crypto investments, however lucrative, calls for thorough research as crypto markets are prone to risks and speculation.
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