Price: Around ~$0.85–$0.87 USD recently (live data fluctuates).
Market Position: Mid-cap utility token on Binance Smart Chain (BEP-20) used primarily inside the Trust Wallet ecosystem for discounts, governance votes, and rewards
Circulating Supply: ~429M of ~999M total.
📉 Current Technical & Fundamental Factors
Bearish / Neutral Signals
Recent price has traded blow key short- and long-term moving averages, indicating technical weakness and a bearish bias.
Security concerns from a Dec 2025 exploit on the Trust Wallet Chrome extension and ongoing regulatory scrutiny (e.g., South Korean exchange watchlist) weigh on sentiment and liquidity.
Small trading volume & liquidity can make price swings more volatile than larger crypto assets.
Bullish / Positive Considerations
Binance’s involvement and reimbursement efforts may restore some confidence.
Expansion of utility features such as loyalty tiers, gas discounts, and in-wallet perks could increase long-term demand if adoption grows.
Some technical indicators (MACD crossovers) have occasionally signaled short-term bull phases when buyers step in.
🕯️ Candlestick Chart Overview (Conceptual)
Below is a text-based candle summary for a recent daily timeframe (based on general chart patterns and recent price behavior):
Date | Open | High | Low | Close | Candle
---------------------------------------------------------------
2026-01-21 | 0.88 | 0.89 | 0.85 | 0.86 | Red
2026-01-22 | 0.86 | 0.87 | 0.84 | 0.85 | Red
2026-01-23 | 0.85 | 0.86 | 0.83 | 0.84 | Red
2026-01-24 | 0.84 | 0.87 | 0.83 | 0.86 | Green
2026-01-25 | 0.86 | 0.87 | 0.85 | 0.85 | Small Body
Interpretation:
Recent days show mixed candles with slightly downward closes, suggesting caution and seller presence.
A few green candles with higher tails indicate buying support near lower levels — common in consolidation phases before trend decisions.
(This is a simplified abstraction; exact OHLC values require live chart data.)