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TrueFi Price (TRU)

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Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

Defi tokens

Decentralised Finance (or ‘DeFi’) tokens (e.g. , ) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.

Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.

Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets.

For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.

Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.

Data/oracle risk: DeFi protocols often rely on external data sources or ‘oracles’. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.

Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.

Market stats

TrueFi is on the decline this week. ↘

The price of TrueFi has decreased by 0.40% in the last hour and decreased by 0.12% in the past 24 hours. TrueFi’s price has also fallen by 29.00% in the past week. The current price is £0.0683 per TRU with a 24-hour trading volume of £8.02M. Currently, TrueFi is valued at 90.81% below its all time high of £0.74. This all-time high was the highest price paid for TrueFi since its launch.

The current circulating supply of TrueFi is 1,261,475,658.733 TRU which means that TrueFi has as total market cap of 1,261,475,658.733.

Overall

Market cap

£86.5M

Volume (24h)

£8.0M

Circulating

1.3B TRU

Hold time

21 days

Popularity

#420

All time high

£0.74

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Price change

1 hour

↘ 0.4%

1 day

↘ 0.12%

1 week

↘ 29%

2 weeks

↘ 39.13%

1 month

↗ 3.59%

1 year

↗ 60.81%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

About TrueFi

TRU is an Ethereum token that powers TrueFi, a decentralized finance protocol for uncollateralized lending using on-chain credit scores. TRU can be used for staking (i.e. to approve or reject new loans) and governance on the TrueFi protocol.

FAQ

TrueFi Price History

Date
Price
Change
Today (December 22, 2024)
£0.0683
-0.23%
24 hours ago (December 21, 2024)
£0.0686
-0.12%
1 week ago (December 15, 2024)
£0.0960
-29.00%
1 month ago (November 22, 2024)
£0.0656
3.59%
1 year ago
£0.0419
60.81%

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Social

Some highlights about TrueFi on social media

147 unique individuals are talking about TrueFi and it is ranked #3,043 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, TrueFi has an average sentiment score of 3.1 out of 5. Finally, TrueFi is becoming more newsworthy, with 0 news articles published about TrueFi. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about TrueFi. There were 33.33% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about TrueFi. 66.67% of tweets were neutral about TrueFi. These sentiments are based on 15 tweets.

On Reddit, TrueFi was mentioned in 126 Reddit posts and there were 198 comments about TrueFi. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

147 people

Posts

19 posts

Dominance

0.01%

Volume rank

#3,043

Average Sentiment

3.1 out of 5

Twitter

Reddit

Posts

126

Comments

198

Post Score

72

Comment Score

74

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax LTD on February 7, 2024