The token is currently trading at $1.49, dropping 7% over the past 24 hours, according to CoinMarketCap.
The wallet was acquired by Binance in 2018 in a deal that included a mixture of cash, Binance stock and a portion of BNB tokens, according to TechCrunch. The value of BNB in July 2018 was $14.80, now trading at $244.
Trust Wallet is a product that lets users store and use cryptocurrencies across the decentralized finance (DeFi) ecosystem. Binance’s newly unveiled wallet is