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↑ Exciting Prospects as TrueFi Unveils Innovations and Expanded Features for TRU Coin

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Exciting Prospects as TrueFi Unveils Innovations and Expanded Features for TRU Coin
TrueFi has unveiled a lending protocol for tokenized real-world assets, pushing the TRU coin up by 14%. The established platform introduced a dollar-based TRI token for real-world asset trading, further increasing the potential of TrueFi investment. In an unexpected turn, Elon Musk, a known Bitcoin critic, has sided with Bitcoin in its price swings. TrueFi's TRU token has seen a significant rally of over 200% following speculation sparked by Binance’s TUSD mint. Multiple platforms, including Coinbase Pro, have announced their plans to launch wrapped versions of TrueFi. In recent developments, there have been surprising cases of TrueFi issuing notices of default to VC firms such as Invictus Capital and Blockwater for failure to repay loans. Despite these developments, the TrueFi platform maintains its status as a leading crypto-asset within the credit protocol. TrueFi’s asset, TRU Coin, also saw a surge to 200% after adoption by Binance. This surge followed announcements that the Donald Trump Ethereum Wallet increased holdings in meme coins. Nevertheless, the company has encountered severe setbacks, such as holders of the TrueUSD stablecoin dumping $330M in TUSD. This incident prompted the TrueUSD to become the 5th-largest stablecoin as Binance continues minting $130M TUSD weekly.

TRU Coin News Analytics from Sun, 08 Feb 2009 08:00:00 GMT to Thu, 22 Aug 2024 07:00:00 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -3

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    ↑ TrueFi Makes Headway in Crypto Lending Space; TRU Coin Climbs 14%

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