News Truefi (August) Prediction, Price & How To Buy? >> This article gives relevant information about the crypto platform & why this platform is in the news recently.
Does the Truefi funding news lead to this article? Are you looking for more information related to Truefi so that you can also invest in this cryptocoin? The Truefi cryptocurrency is now available in many parts like Australia, UK and other countries. It is all because of the funding news.
This article will cover the News Truefi and how it impacts the market condition of the Truefi token and other cryptocurrencies. So let’s find out.
What is Truefi?
Truefi is a decentralized Finance (DeFi) that offers uncollateralized lending to the borrowers. It is different from the usual DeFi platforms present in the market. It reduces the burden of collateral as you have to pay fewer amounts on collateral like mortgages and loans.
With the help of Truefi, the users can now enjoy the facility of DeFi loans as now they have to pay fewer mortgages, and their deposit collateral wouldn’t be liquidated in any case.
How has News Truefi affected the market of crypto coins?
In the news, it is said that Andreesen Horowitz and Alameda fund the Truefi. It results in the spike of 435% in the performance of the Truefi. Because of this news, many people rushed towards the Truefi token to buy, which gradually increases its market cap and drops other crypto coins’ points.
Now, the Truefi tokens are available in different countries like Australia, the UK, and many countries globally. With this news, the market condition and performance of the Truefi and TRU increases. Now let’s see the market status of TrueFi after this news.
Truefi token price chart
Here is the price chart of the Truefi after the News Truefi was released on the internet.
- Price- $0.545
- 24H low- $0.3399
- 24H high- $0.9338
- Trading volume- $906,616,043.23
- Market rank- #336
- Market cap- $81,357,405.89
Truefi coin supply/market supply
- Max supply- 1,450,000,000
- Circulating supply- 140,608,485 TRU
- Total supply- 1,446,312,655
- Fully diluted market cap- $791,273,943
- Total value locked- $458,610,851
Who is the founder of Truefi?
TrustToken operates the Truefi, and the co-founder of TrustToken is Rafael Cosman. However, we couldn’t know the founding member of the Truefi, but we will update you as soon as we get it.
Will the price of Truefi rise?
According to the News Truefi, the points of the truefi increase by 435% after the funding of 12.5 million dollars. However, let’s see about the prediction price of the truefi coin.
- The price of the Truefi coin (TRU) will increase in the future at a reasonable rate.
- In 2025 and 2026, the prices of truefi coins will increase by $0.5864 and $0.69732
- In 2028, the price will reach to near $1 as it will be $0.90957
How to buy a Truefi coin?
The Truefi tokens are available in different countries and active after the News Truefi. To buy these tokens, you can go to any exchange website which is trusted and genuine, like Pancakeswap.
- Make an account and join your digital wallet with the website.
- Fund your wallet with exchange tokens and then enter the address of the Truefi token.
- Select the Truefi and click on the swap option.
Frequently Asked Questions (FAQs)
Question1: What is the market rank of Truefi?
A: The market rank of Truefi is #336.
Question2: Will the price of the TRU increase?
A: Yes, the price of the TRU will increase in the future. You can check this link for graphical chart and stats on Truefi
Wrapping it up
After getting information regarding the News Truefi and other aspects, we can conclude that Truefi is a good option for investment. The DeFi system is beneficial for investors, and its cryptocoin also seems promising. However, if you want to know about the next prominent cryptocurrency, 2021, then click here.