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TrueFi price

TrueFi priceTRU

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Price of TrueFi today

The live price of TrueFi is $0.08515 per (TRU / USD) today with a current market cap of $107.42M USD. The 24-hour trading volume is $10.04M USD. TRU to USD price is updated in real time. TrueFi is 0.28% in the last 24 hours. It has a circulating supply of 1,261,475,700 .

What is the highest price of TRU?

TRU has an all-time high (ATH) of $1.04, recorded on 2021-08-12.

What is the lowest price of TRU?

TRU has an all-time low (ATL) of $0.02669, recorded on 2022-12-22.
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TrueFi price prediction

When is a good time to buy TRU? Should I buy or sell TRU now?

When deciding whether to buy or sell TRU, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget TRU technical analysis can provide you with a reference for trading.
According to the TRU 4h technical analysis, the trading signal is Sell.
According to the TRU 1d technical analysis, the trading signal is Sell.
According to the TRU 1w technical analysis, the trading signal is Sell.

What will the price of TRU be in 2025?

Based on TRU's historical price performance prediction model, the price of TRU is projected to reach $0.1061 in 2025.

What will the price of TRU be in 2030?

In 2030, the TRU price is expected to change by -4.00%. By the end of 2030, the TRU price is projected to reach $0.1462, with a cumulative ROI of +68.29%.

TrueFi price history (USD)

The price of TrueFi is +56.26% over the last year. The highest price of TRU in USD in the last year was $0.2431 and the lowest price of TRU in USD in the last year was $0.04092.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+0.28%$0.08262$0.08835
7d-30.95%$0.07525$0.1293
30d-1.91%$0.07525$0.1574
90d-18.84%$0.06072$0.1574
1y+56.26%$0.04092$0.2431
All-time-76.80%$0.02669(2022-12-22, 2 years ago )$1.04(2021-08-12, 3 years ago )

TrueFi market information

Market cap
$107,419,871.33
+0.28%
Fully diluted market cap
$123,473,498.96
+0.28%
Volume (24h)
$10,040,274.12
-17.30%
Market rankings
Circulation rate
98.00%
24h volume / market cap
9.34%
Circulating supply
1,261,475,700 TRU
Total supply / Max supply
1.28B TRU
1.45B TRU
ICO price
$0.05160 ICO details
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TrueFi ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

About TrueFi (TRU)

What Is TrueFi?

TrueFi is a decentralized finance (DeFi) lending protocol that is revolutionizing the credit market. Launched in November 2020, it offers an uncollateralized lending platform, a significant shift from the traditional over-collateralized practices in the lending industry. This innovative approach allows institutional borrowers to access loans without the need for collateral, relying instead on a thorough evaluation of the borrower's on-chain and off-chain data. TrueFi's model enhances capital efficiency and opens up new financial opportunities, including fintech financing, real estate investing, and emerging market investing.

The platform, developed by TrustToken, merges the benefits of decentralized finance (DeFi) and traditional finance (TradFi). It empowers token stakers to have a say in the approval or rejection of loan requests, thereby democratizing the lending process. Since its inception, TrueFi has originated over $2 billion in collateral-free loans, approved more than 130 loan requests, and paid out over $40 million in returns to lenders, all while maintaining minimal defaults. This success demonstrates the platform's effectiveness in managing digital assets and providing transparency in the lending process.

Resources

Official Documents: https://docs.truefi.io/faq/

Official Website: https://truefi.io/

How Does TrueFi Work?

TrueFi operates as a marketplace connecting lenders, borrowers, and portfolio managers through smart contracts, governed by TRU token holders. Lenders contribute their digital assets to the platform’s liquidity pool, which includes stablecoins like USDT, USDC, TUSD, and BUSD. Borrowers, primarily institutional entities, request loans from the TrueFi treasury without needing to provide collateral. These requests undergo a rigorous evaluation by TrueFi’s credit committee, which then presents eligible borrowers to token stakers for voting.

The protocol offers multiple layers of protection against defaults. In the event of a loan default, TRU stakers provide loss protection to lenders using their staked TRU. Additionally, TrueFi’s DAO-managed pools and automated lines of credit (ALOCs) allow lenders to exit their loan positions at any time, albeit for a fee, enhancing liquidity and flexibility.

TrueFi also supports independent portfolio managers who create various pools or portfolios for lenders. These managers can tap into global liquidity and enjoy the transparency and efficiency of an on-chain lending book. The protocol's open-source infrastructure enables portfolio managers to launch their portfolios using TrueFi’s smart contracts, further democratizing the asset management process.

What Is TRU Token?

TRU is the native utility and governance token of the TrueFi protocol. It plays a crucial role in the ecosystem, allowing token holders to participate in on-chain voting and governance decisions, such as approving loan requests and onboarding new portfolio managers. Staking TRU not only enables participation in the governance process but also provides loss protection to lenders in the ecosystem.

The total supply of TRU is 1,450,000,000 tokens, with 1,071,203,485 tokens in circulation as of November 2023. The distribution of TRU is designed to support the protocol's progressive decentralization, with a significant portion allocated to an incentive pool for lenders, TRU stakers, and liquidity providers. This distribution strategy aims to empower the community to manage the protocol effectively.

What Determines TrueFi’s Price?

The price of TrueFi (TRU), like many cryptocurrencies, is influenced by a combination of market demand, investor sentiment, and its utility within the TrueFi ecosystem. As a governance and utility token, TRU's value is closely tied to the perceived success and adoption of the TrueFi platform. When the platform experiences increased usage, whether through a rise in the number of loans originated or an expansion in its user base, this typically generates positive sentiment among investors, potentially driving up the price of TRU. Additionally, the unique proposition of TrueFi in offering uncollateralized loans in the DeFi space adds to its appeal, influencing the demand for TRU tokens. Market dynamics, such as supply and demand, trading volume on cryptocurrency exchanges, and overall trends in the DeFi and blockchain sector, also play a significant role in determining TRU's price.

Furthermore, TRU's price is impacted by broader crypto market trends and regulatory news affecting the DeFi industry. As regulatory frameworks around DeFi evolve, they can have either a positive or negative impact on investor confidence in tokens like TRU. In the rapidly evolving world of blockchain and cryptocurrency, the integration of new features and partnerships by the TrueFi platform, as well as its performance in terms of security and loan repayment rates, are critical factors that investors closely monitor. These elements, combined with the general sentiment in the crypto market, contribute to the fluctuating price of TRU, reflecting the dynamic and interconnected nature of cryptocurrency valuations.

For those interested in investing or trading TrueFi, one might wonder: Where to buy TRU? You can purchase TRU on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

TrueFi Social Data

In the last 24 hours, the social media sentiment score for TrueFi was 4, and the social media sentiment towards TrueFi price trend was Bullish. The overall TrueFi social media score was 219, which ranks 781 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with TrueFi being mentioned with a frequency ratio of 0%, ranking 994 among all cryptocurrencies.

In the last 24 hours, there were a total of 75 unique users discussing TrueFi, with a total of TrueFi mentions of 4. However, compared to the previous 24-hour period, the number of unique users increase by 56%, and the total number of mentions has decrease by 20%.

On Twitter, there were a total of 1 tweets mentioning TrueFi in the last 24 hours. Among them, 100% are bullish on TrueFi, 0% are bearish on TrueFi, and 0% are neutral on TrueFi.

On Reddit, there were 3 posts mentioning TrueFi in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .

All social overview

Average sentiment (24h)
4
Social media score (24h)
219(#781)
Social contributors (24h)
75
+56%
Social media mentions (24h)
4(#994)
-20%
Social media dominance (24h)
0%
X
X posts (24h)
1
0%
X sentiment (24h)
Bullish
100%
Neutral
0%
Bearish
0%
Reddit
Reddit score (24h)
3
Reddit posts (24h)
3
0%
Reddit comments (24h)
0
0%

How to buy TrueFi(TRU)

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Buy TrueFi (TRU)

Buy TrueFi (TRU)

Use a variety of payment options to buy TrueFi on Bitget. We'll show you how.

Trade TRU perpetual futures

After having successfully signed up on Bitget and purchased USDT or TRU tokens, you can start trading derivatives, including TRU futures and margin trading to increase your income.

The current price of TRU is $0.08515, with a 24h price change of +0.28%. Traders can profit by either going long or short onTRU futures.

TRU futures trading guide

Join TRU copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or TRU tokens, you can also start copy trading by following elite traders.

TrueFi news

US SEC Charges TrueCoin, TrustToken for Stablecoin Investment Program
US SEC Charges TrueCoin, TrustToken for Stablecoin Investment Program

The SEC accused TrustToken and TrueCoin of investing 99% of the reserves backing TUSD in a risky fund with redemption issues.

Cryptopotato2024-09-28 16:00
SEC settles charges against TrueCoin LLC and TrustToken Inc. involving stablecoin TrueUSD
SEC settles charges against TrueCoin LLC and TrustToken Inc. involving stablecoin TrueUSD

Quick Take Both TrueCoin and TrustToken did not admit or deny the agency’s allegations and agreed to pay $163,766 in penalties each. From November 2020 until April 2023, TrueCoin and TrustToken “engaged in the unregistered offer and sale of investment contracts in the form of the crypto asset TUSD, the SEC said.

The Block2024-09-23 16:00
More TrueFi updates

New listings on Bitget

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FAQ

What is the current price of TrueFi?

The live price of TrueFi is $0.09 per (TRU/USD) with a current market cap of $107,419,871.33 USD. TrueFi's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. TrueFi's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of TrueFi?

Over the last 24 hours, the trading volume of TrueFi is $10.04M.

What is the all-time high of TrueFi?

The all-time high of TrueFi is $1.04. This all-time high is highest price for TrueFi since it was launched.

Can I buy TrueFi on Bitget?

Yes, TrueFi is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy TrueFi guide.

Can I get a steady income from investing in TrueFi?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy TrueFi with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy TrueFi (TRU)?

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1. Log in to your Bitget account.
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3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
4. Choose your issuing country or region and ID type, and follow the instructions.
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Cryptocurrency investments, including buying TrueFi online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy TrueFi, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your TrueFi purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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TRU
USD
1 TRU = 0.08515 USD
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Bitget Insights

PRINCE-DILEEP
PRINCE-DILEEP
2024/12/15 16:11
STX short term Trade Result : Successful Closed in profit at 2.43 Trade Successful Copy now and enjoy profit daily $STX $BABYBONK $TRU $BTC $XRP $SOL $DOGE $INVITE $FDUSD
INVITE-0.01%
BTC-0.04%
Salahuddin2004
Salahuddin2004
2024/12/15 15:30
STX short term Trade Result : Successful Closed in profit at 2.43 Trade Successful Copy now and enjoy profit daily $STX $BABYBONK $TRU $BTC $XRP $SOL $DOGE $INVITE $FDUSD
INVITE-0.01%
BTC-0.04%
BGUSER-HGN6KMXY
BGUSER-HGN6KMXY
2024/12/07 01:39
💩💩💩$TRU shit coin 💩💩 4 day they donot done their correction 🤮🤮🤮🤮🤮🤮🤮
TRU0.00%
RACECREPTO
RACECREPTO
2024/12/05 11:00
$TRU /USDT Technical Analysis: Key Levels & Trading Strategy 🚀
🚀 $TRU /USDT Technical Analysis: Key Levels & Trading Strategy 🚀 The TRU/USDT pair is currently trading at 0.1404 USDT, and the market is showing some exciting potential for price action. Let’s dive into the key support and resistance levels and develop a strategy to take advantage of the current setup. 📉 Support Level: The 0.1350 USDT area is a key support zone to watch. If the price retraces towards this level, it could present a strong buying opportunity, as this region has historically provided solid price rebounds. 📈 Resistance Level: On the upside, 0.1450 USDT serves as immediate resistance. If TRU/USDT breaks above this level, it could trigger a move toward 0.1500 USDT, where additional resistance may emerge. 💡 Entry Strategy: Consider entering near the 0.1350–0.1400 USDT range, especially if the price shows signs of holding support and bouncing back. Alternatively, if the price breaks above 0.1450 USDT, a breakout entry could provide a solid opportunity to ride momentum toward 0.1500 USDT. 🔥 Market Sentiment: The market sentiment is cautiously bullish, with a range-bound structure suggesting potential for breakout. Watch volume and price action around support and resistance levels to confirm the next move. Keep an eye on these critical levels and position yourself for the next opportunity! Happy trading!
HAPPY-0.04%
TRU0.00%
BGUSER-RYXC7K1F
BGUSER-RYXC7K1F
2024/12/03 19:36
The Real-World Asset (RWA) sector in cryptocurrency refers to the tokenization of physical assets (like real estate, commodities, or even debt instruments) and their integration with decentralized finance (DeFi). The surge in the RWA sector can be attributed to growing interest in bridging traditional finance with blockchain technologies. Some tokens that have the most potential in the RWA space include: Celo (CELO) - Celo focuses on providing financial services to unbanked populations. By tokenizing real-world assets and enabling stablecoins, it's positioning itself as a key player in the RWA sector. MakerDAO (MKR) - MakerDAO has been working on bringing tokenized assets into its ecosystem, and with the recent push towards real-world collateral, such as tokenized real estate and other assets, MKR's role is becoming more crucial. Maple Finance (MPL) - Maple offers decentralized credit markets for institutional borrowers. With its focus on bridging traditional finance and DeFi through RWAs, it stands out in this niche. Saffron Finance (SFI) - Saffron allows investors to gain exposure to tokenized real-world assets through structured products, providing a way to invest in risk-adjusted returns on RWAs. TrueFi (TRU) - TrueFi offers unsecured lending on the blockchain, and its venture into the tokenization of real-world assets like loans could be a game-changer for this space. Goldfinch (GFI) - Focused on lending to borrowers in emerging markets, Goldfinch uses collateralized RWAs and offers a decentralized approach to traditional lending. These tokens, by integrating RWAs into DeFi platforms, are poised to have a significant impact on the future of tokenized real-world assets. The potential for these tokens hinges on their ability to offer liquidity, accessibility, and seamless integration with traditional financial systems.
SPACE-0.12%
GFI+1.16%

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