TrueFi has unveiled a lending protocol for tokenizing real-world assets, which has spurred a 14% spike in the value of TRU. The platform is making strides in the DeFi sector as one of the top
credit protocol providers. TrueFi's
TRU token has sparked speculation amidst a rally that saw the crypto asset rise over 200%. Despite certain setbacks such as bad debt issues, the platform continues to innovate and add value to the crypto market.
In terms of price prediction, there are high hopes for the future of
TRU with predictions as far out as 2030. This bullish outlook underlines the potential
TRU has to become a go-to for value in the growing world of tokenized real-world assets.
Stablecoin exchange TrueX has been launched by former Coinbase and Goldman Sachs personnel. TrueFi has also raised $12.5M from A16z, Alameda and Blocktower. Meanwhile, Binance has established TUSD, indirectly affecting TRU's prices.
Axie Infinity (AXS), Request (REQ), TrueFi (TRU) and Wrapped Luna (WLUNA) have been included on
Coinbase Pro, bolstering TRU's market exposure.
Overall, the crypto world's attention is increasingly focusing on real-world asset tokens and uncollateralized lending platforms, presenting opportunities for TrueFi.
TRU Coin News Analytics from Fri, 09 Nov 2007 08:00:00 GMT to Sun, 03 Nov 2024 03:00:00 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 3
