$TRU As of today, TrueFi (TRU) has experienced significant market fluctuations. The coin saw a sharp rise of nearly 100% after a mistaken link between TRU and Binance's TrueUSD (TUSD) stablecoin, despite the two no longer being connected. This spike pushed TRU to highs around $0.14 before profit-taking pulled the price down again. As of September 14, 2024, TRU is trading at approximately $0.1129, down 4.31%ă76â sourceăă75â sourceă.
Given the volatile nature of this coin, with short-term price surges driven by speculation, there is a lot of downside risk in the immediate future. Analysts suggest a potential pullback towards the $0.055 range before any sustained uptrend resumesă77â sourceă.
From a crypto logic perspective, the cautious approach would be to *hold* for now and avoid rushing into any significant buying positions. With the broader market showing optimism, TRU may recover and maintain its upward trend long-term, but short-term volatility makes it risky for new investors at the current price levelă77â sourceă.
