Dogecoin witnesses a surge after Trump further fuels Elon Musk's interest in the cryptocurrency. On the other hand,
TrueFi (TRU), known for its credibility in the crypto market, shows a promising landscape with the introduction of its lending protocol for tokenized real-world assets, sending TRU up by 14%. Subsequently, TrueFi unveils its dollar-based TRI token for asset trading.
TrustToken and TrueCoin have recently settled with the SEC over fraud accusations related to their stablecoin investing, indicating a potentially volatile market for these two entities. Meanwhile,
TrueFi, the leading credit protocol in DeFi, is delving deeper into DeFi courtesy of a Binance partnership, bolstering speculation that has led to over a 200% rally in the value of its TRU token. Problems associated with TrueFi's $4M bad debt, however, illustrate the risks of crypto lending without collateral. In other news, TrueUSD becomes the 5th largest stablecoin as Binance has minted $130M TUSD within a week. Interestingly, Binance adopting TUSD has led the value of TRU to surge to 200%. Analysts are drawing attention to the potential for Ripple's XRP 'true fair market value' to reach an astonishing $38,999. Offering a detailed exposé on TrueFi token, users are guided on how to purchase the TRU token in India. The launch of
TrueFi on Coinbase Pro, alongside other reputable entities, signals the increasing recognition of its potential value within the cryptocurrency market. A dire situation evolves for TrueUSD stablecoin as it depegs and holders dump $330M in TUSD. Finally, the tokenized asset industry is anticipated to reach $16 trillion, with TrueFi being one of the cryptos expected to make you a millionaire.
TRU Coin News Analytics from Mon, 09 Jan 2012 08:00:00 GMT to Sun, 01 Dec 2024 05:59:36 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor -5
