TrueFi's TRU, a decentralized finance credit protocol token experienced a price rally after widespread
speculation triggered by Binance's TUSD Mint. Its new dollar-based TRI token, designed for real-world asset trading, is expecting to draw more investor interest. Further, TrustToken and TrueCoin settled with the SEC over a fraud accusation involving their stablecoin investment which can directly impact TRU market price.
In parallel, Trump's
$TRUMP memecoin and possible crypto payment service,
TruthFi, is stirring the crypto market and his connection with DOGE has led to a surge in Dogecoin’s value.
Trump's crypto and Truth Social Media's believers are wagering on his potential presidency. Also, recently minted $100 coins displaying Trump's face heightened his association with the crypto industry.
While bitcoin skepticism pervades, high-profile figures like Eric Trump and Warren Buffett maintain confidence that it will reach $1 million. Some critics fear that Trump could destabilize
bitcoin. Yet, Deutsche Bank's is predicting a bullish bitcoin outlook for 2025.
Other cryptocurrencies are also making waves:
Axie Infinity (AXS), Request (REQ), TrueFi (TRU), and Wrapped Luna (WLUNA) are scheduled for launch on Coinbase Pro. The popularity of real-world assets (RWA) cryptocurrencies continues to grow, with top 5 cryptos to invest in being identified.
However, risks persist in the crypto lending world. TrueFi's $4M bad debt issue exemplifies the inherent risks.
TRU Coin News Analytics from Thu, 21 Sep 2006 07:00:00 GMT to Wed, 02 Apr 2025 07:00:00 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor 3
