TWINS weekly report: Price stabilization and wallet.app update
This article is in continuation of my weekly TWINS report articles. Last week did not saw any major announcement or update from the team. Here I will cover the general progress of the TWINS.
What is win.win project?
Aim of the win.win project is to create a truly decentralized exchange platform with cross-chain atomic-swaps capabilities to facilitate the direct transacting of value between network users. There will be no fees for the direct peer-to-peer exchanges, as these transactions are performed directly between user wallets. Since transactions will take place directly between user wallets without the involvement of any third party, there will be no fee for these exchanges.
The TWINS cryptocurrency will be used to power the exchange platform for buy and sell order listings and to reward the community-supported and decentralized hosting of network nodes.
Weekly Progress
TWINS price stabilizes
After continuous drop it seems TWINS is slowly stabilizing itself in the 35-45 sats range. Twins coin price saw a sharp decline of around 70% in last month from its all time high of 150 sats price.
Now although there have been many spikes including touching 30 Sat price once but in general it has found good buying support in 30s. There are many reason to believe that TWINS is stabilizing itself finally.
Those who wanted to sell TWINS has exhausted. People have recovered their investment back and now are holding for long term investments.
Many people entered at 100+ price range, so they do not want to sell their rewards for so less.
A majority of people believe that TWINS is not similar to other master node coins and they have an actual use case. This will bring a value to TWINS in the longer run.
Team has been rock solid and is well supported by the active community. This instills faith in the project.
Although, there have been less official update regarding TWINS in the last week but the team has been super busy with other projects lik- wallet.app and Fix.network. which are directly or indirectly related to TWINS
For all the above reasons I believe TWINS will not go much down and even if it did, that will only be a spike before it is brought back by the heavy buying from the community. There is good awareness and demand of TWINS in the market.
wallet.app
wallet.app is another project under New Capital which is being handled by the win win team. They aim to develop a easy, fast and secure multi crypto wallet. A testing android version was out recently to give the community an overview of what to expect. TWINS can be send and stored in this wallet easily. This is a great work done by the team.
Masternode
Another week and no of TWINS master node is increasing day by day. we are about to cross the 700 mark in master nodes. This is clearly visible that how much community believes in the project. Close to 80% TWINS are locked in the master nodes and that is one of the highest among masternode projects.
That’s it, another impressive week for TWINS. Thank you.
Official project links:
Website: https://win.win/
Github: https://github.com/NewCapital
Discord: https://discord.gg/SAMDbxV
Bitsane Exchange link — https://bit.ly/2UeDKDd
p2pb2b Exchange link- https://bit.ly/2SxYPqR