$TRU has experienced a 24-hour price decline of 5.18%, fluctuating between 0.0709 and 0.0641. The Bollinger Bands indicate that the upper band is at 0.0700, while the lower band sits at 0.0640, suggesting potential volatility. Key support is identified at 0.0641, with resistance at 0.072. Traders should watch for a bounce at support for possible bullish reversals, while a break below could signal further downside. Focus on these levels for strategic entry or exit points.
TrueFi is a project focused on the credit sector, allowing borrowing without collateral while providing sustainable returns for lenders who deposit funds into the project.
--> This is a field heavily utilized by large organizations; they tend to borrow funds to push coins during an Uptrend, with notable clients including Wintermute.
- As of now, TRU has generated loans amounting to 1.74 billion USD.
- Last year, TRU developed #RWA to provide non-U.S. investors access to short-term U.S. Treasury bond yields.
- Additionally, TRU has developed Trinity, allowing investors to pledge U.S. Treasury bonds to borrow stablecoins.
- Recently, TRU has expanded to $ARB , welcoming cash flow from the largest TVL L2 entering HST.
Backer:
$TRU is backed by top names in the market such as Andreessen Horowitz, Jump Trading, BlockTower Capital,...
Market Cap: 100M USD, currently fully unlocked, no longer facing selling pressure from VCs.
Team:
Rafael Cosman:
CEO & Co-founder of TrueFi.
Previously worked at Google before founding TrustToken (now TrueFi).
Alex de Lorraine:
CEO of TrueFi.
20 years of experience working at Google, IBM, Pfizer.
What project doesn't grow, to the point that not even anyone comes in to curse 🤣🤣🤣
TrueFi
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This Yuletide, TrueFi invites you to celebrate the season with us and share your most magical holiday moments!
Let's spread love and cheer together, whether it’s a beautifully decorated tree, festive costumes, or a holiday fun party with family and friends.
💰 We’re giving away $3,650 in prizes! Winners will be judged based on engagement, creativity, and originality: 🏆 1st Place: $1,000 🥈 2nd Place: $600 🥉 3rd Place: $300 🎖️ 4th - 6th prize - $150 7th - 12th prize - $100
How to Participate: 1️⃣ Retweet the announcement post. 2️⃣ Follow @TrueFiDAO. 3️⃣ Post your festive photo/video using the hashtag #TruHolidayMoments and tag @TrueFiDAO. 4️⃣ Add a touch of TrueFi—this could be our logo on a screen, a printed version, or any creative representation.
Ready to join the celebration? Submit your entries here: https://t.co/ds3otEDCW8
Event Period: 🗓️ Dec 26th, 2024 - Jan 10th, 2025 🏆 Rewards distributed within 2 weeks.