↗ TRU Coin: A New Era in Tokenized Real-World Asset Trading
TrueFi (TRU) , an innovative digital asset, has been making notable strides in the cryptocurrency market. Recently, the firm unveiled a lending...
A myriad of developments surrounding the TrueFi (TRU) coin have been reported in the financial and cryptocurrency news. As an investment token, TRU is evidently attracting considerable interests from investors. TrueFi has unveiled a lending protocol for tokenized real-world assets, which was followed by a 14% jump in TRU price. This move towards real-world asset trading was further demonstrated by the introduction of the TRI token, a dollar-based token.
Serious allegations have also been faced by TrustToken and TrueCoin, leading to settlements with SEC over fraud accusations. These accusations were related to stablecoin investing. However, the negative news was offset by favorable development such as TRU’s price rallying by over 200% after speculative activities were sparked by Binance's TUSD mint.
The token has been listed on reputable exchanges, including Coinbase Pro, hinting at its growing credibility and acceptability in the market. As a part of TrustToken's suite of stablecoins, TRU experienced a significant surge in its price moving to 200%. In addition, TrueUSD has gained substantial traction, becoming the fifth-largest stablecoin after Binance minted $130M TUSD in a single week.
Analysts' predictions for TRU's price are mixed, with some projecting an exponential increase while others suggest a fairly stable growth rate.
TRU Coin News Analytics from Mon, 09 Jan 2012 08:00:00 GMT to Fri, 13 Dec 2024 03:49:29 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor -1