TrueFi (TRU) has been the focus of significant attention, particularly in the realms of lending and tokenization of physical assets. It recently unveiled a novel protocol for its token-based real-world trading system, triggering a 14% jump in the
TRU token. This comes on the heels of a separate surge, in which TRU grew by 76% within a single week. Widespread speculation has arisen after Binance's TUSD Mint, leading to an extraordinary rally of over 200% in TRU's value. The asset's risk was displayed by an incident of bad debt worth $4 million, revealing the perils of crypto lending without collateral. Concurrently, Trump's social media company is said to be exploring an independent crypto payment service,
TruthFi, that sent DJT stocks soaring by 10%. This aligns with rumors of a possibly strategic American reserve based on cryptocurrencies.
TrueFi introduced a dollar-based TRI token for real-world asset trading and an AI bot called 'Truth Terminal' made over $500K from a $20K investment in the Solana Meme Coin.
TrueFi's TRU token is still said to be undervalued despite a 500% pump from SBF, a16z.
TRU Coin News Analytics from Mon, 09 Jan 2012 08:00:00 GMT to Wed, 04 Jun 2025 06:41:54 GMT -
Rating 8
- Innovation 9
- Information 7
- Rumor -2