TrueFi (TRU) Price Prediction – 2023, 2025, 2030

Truefi (TRU) Overview

🪙 Cryptocurrency Truefi
💱 Ticker Symbol TRU
🏆 Rank 352
💸 Market Cap $177,551,199
💲 Price $0.16183
🚀 Trading Volume $62,613,799
📈 Price Change (24h) -7.77%
💰 Current Supply 1,097,145,214
  • Bullish Truefi (TRU) price predictions range between $0.728236 and $1.38 by 2030.
  • Market analysts believe TRU could reach $0.566406 by 2025.
  • Bearish Truefi market price prediction for 2023 is $0.129464.

Truefi (TRU) Introduction

The original and most popular credit protocol on DeFi is called TrueFi. On loans made in the real world and using cryptocurrencies, lenders get predictable, transparent returns.

When TrueFi delivers collateral-free lending online, borrowers’ capital efficiency is maximized and lenders’ yields are increased.

Interested in the price of TRU’s potential future? Learn about the historical, fundamental, and technical analysis of the TrueFi price prediction.

What is TrueFi (TRU)?

A decentralized system called TrueFi provides unsecured loans to users. Peer-to-peer lending does not rely on a third party for credit disbursement; instead, it uses internal credit ratings to determine a borrower’s eligibility.

The key to DeFi’s success is over-collateralized lending, which prevents users from withdrawing their money because another user has borrowed assets but hasn’t repaid them according to the lending protocol. To maintain a lending platform, decentralized finance (DeFi) needs a transparent evaluation of creditworthiness. The litepaper claims that TrueFi wants to provide uncollateralized lending to DeFi. The platform’s goal is to provide borrowers with predictable loans that optimize their working capital while providing cryptocurrency lenders with an alluring, sustainable rate of return. In the long run, TrueFi hopes to establish an automated, market-based credit rating and lending mechanism. The platform aims to use the gradual decentralization strategy. Simply put, proponents of progressive decentralization favor gradual decentralization as opposed to a sudden shift. TrueFi has following plans to the future:

Exit Anytime

Due to the availability of sufficient liquidity to pay off a loan, users can lend with no lock-in time, allowing them total control over their assets.

Competitive Returns

DeFi offers users strong profits on a variety of investments.

Default Protection

TrueFi’s Secure Assets Funds for Users (SAFU) fund and the staking system guarantee the borrowed assets. Both prevent defaults, giving lenders significant protection.

Maximum Transparency

Users may trace the money they’ve lent to TrueFi’s borrowers on-chain and check up on regular attestations.

Vetted Borrowers

Borrowers on TrueFi go through a rigorous due diligence procedure, are approved by the community, and sign a formal loan agreement.

By and For Users

TRU owners have a role in crucial treasury and partnership decisions at TrueFi as well as protocol control and borrower approval.

To guarantee that everyone wins, TrueFi deftly incorporates its stakeholders—lenders, borrowers, and stakeholder—into the framework. Although easy, the procedure is secure. As part of the TrueFi loan pool, which finances new loans, lenders contribute assets in return for yield and TRU tokens. Borrowers go through a rigorous onboarding process that involves due diligence and approval from the TRU community, and are presently only available to institutions rather than individual borrowers. Once accepted, borrowers submit a capital request that is subject to TRU community approval. Their credit score determines the interest rate and loan limit. Because their staked TRUs could be liquidated to safeguard lenders in the case of failure, TRU stakers are urged to vote carefully on additional loans. The borrower is required to pay back the loan’s principal and interest by the deadline.

The platform’s native governance token, TRU, enables users to earn staking rewards, control the protocol, and protect TrueFi from errors.

TrueFi (TRU) Fundamental Analysis

The DeFi parent company, TrustToken, introduced TrueFi on November 21, 2020. TrustToken’s co-founder and CEO is Rafael Cosman. He is an expert in machine learning and has previously worked for Google and other organizations. Since its beginnings, TrueFi has advanced with the addition of the crypto-native credit mechanism and two significant revisions (V2 & V3). The litepaper was updated in July 2021 to reflect the new milestones and changes to the design methodology.

TRU tokens have a maximum supply of 1.44 billion. To gradually transfer control to users, 39% of TRU is assigned to an incentive pool for platform participants such as lenders, TRU stakers, and liquidity providers.  

Owners of TRUs can vote on loan eligibility as well as the platform’s future growth. Through on-chain governance, TRU stakers direct the development of the TrueFi protocol, protect lenders from default, and cast votes for new borrowers and loans. TRU stakers also receive 10% of the income generated by the protocol’s lending activities in addition to TRU tokens. Liquidity providers, who can farm TRU by staking their LP tokens with TrueFi, boost TRU liquidity.

TrueFi (TRU) Technical Analysis

Although it is difficult to provide a technical analysis of the TrueFi cryptocurrency that is 100 percent correct, you can view the aggregated TRU buy-and-sell rating in real time for a chosen time frame using this sophisticated technical analysis tool from TradingView. Moving averages, oscillators, and pivot points are the three most common technical indicators used in the TRU/USD report.

At times, TrueFi has proven to be a good investment. It is among the most promising blockchain efforts in terms of use cases in addition to the technology. The Blockchain’s value is also being increased by the numerous real-world applications it is being deployed in. The likelihood that TrueFi’s price will rise over the next 8 to 10 years is noticeably higher.

TrueFi (TRU) Current Price

Truefi is currently worth $0.16183 USD. TRU has moved -7.77% in the last 24 hours with a trading volume of $62,613,799. Truefi is currently ranked 352 amongst all cryptocurrencies with a market capitalization of $177,551,199 USD.


Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Truefi (TRU) to decide wether it is going to have a bullish or bearish year.

TrueFi (TRU) Price Predictions

Year Minimum Price Average Price Maximum Price
2023 $0.194196 $0.226562 $0.242745
2024 $0.32366 $0.356026 $0.404575
2025 $0.485491 $0.517857 $0.566406
2026 $0.647321 $0.679687 $0.728236
2027 $0.809151 $0.841517 $0.890066
2028 $0.970981 $1.00 $1.05
2029 $1.13 $1.17 $1.21
2030 $1.29 $1.33 $1.38
2031 $1.46 $1.52 $1.59

Our price prediction forecasts use real-time Truefi (TRU) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

Truefi (TRU) Price Prediction 2023

Truefi, according to some, is one of the most amazing cryptocurrencies to rise this year (TRU). The TRU price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.242745.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.226562 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. TRU is expected to have a minimum value of $0.194196.

Truefi (TRU) Price Prediction 2024

In 2024, Truefi TRU price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of TRU will soon surpass $0.404575. However, we should wait to see if the TRU’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, TRU will trade with a minimum trading price of $0.32366 and an average trading price of $0.356026.

Truefi (TRU) Price Prediction 2025

If the upward trend continues until 2025, it could reach $0.566406 and TRU may profit. If the market experiences a decline, the goal may not be met. TRU is expected to trade at an average price of $0.517857 and a low of $0.485491 in 2025.

Truefi (TRU) Price Prediction 2026

If Truefi successfully boosts market sentiment among cryptocurrency enthusiasts, the TRU coin price could remain stable for the next five years.

According to our projections, TRU will be green in 2026. The TRU is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $0.728236, with a minimum price of $0.647321 and an average price of $0.679687.

Truefi (TRU) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the TRU price is expected to cross an average price level of $0.841517 by 2027, with a minimum price of $0.809151 expected before the end of the year. Furthermore, TRU has a maximum price value of $0.890066.

Truefi (TRU) Price Prediction 2028

Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $1.00. If TRU manages to break the resistant level in 2028, we could see a maximum price of $1.05, failing to gather the support TRU needs by 2028 could result in a low of $0.970981.

Truefi (TRU) Price Prediction 2029

While TRU is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $1.13 and a yearly price close above $1.21 in 2029.

Truefi (TRU) Price Prediction 2030

By 2030, Truefi will finally surpass its previous ATH values and record new price levels. The minimum price could be $1.29 and potentially reach a maximum price value of $1.38, averaging out at $1.33.

Truefi (TRU) Price Prediction 2031

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum TRU price in 2031 is projected to be $1.59 in the event of a bull run, with an average price level of $1.52.

Conclusion

The study mentioned above makes it evident that TrueFi (TRU) predictions are rather incoherent. Regarding potential increases or decreases in the price of TRU, there is no general agreement. Indeed, a variety of elements, including announcements, new technological advancements made by TrueFi projects, the overall crypto ecosystem, legal status, and others, will influence the potential development in the future. We respectfully remind you to conduct your own research before making any bitcoin investments.

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FAQ

What is the Truefi (TRU) price today?

Today, Truefi (TRU) is trading at $0.16183 with a total market capitalization of $177,551,199.

Is Truefi a good investment?

Truefi proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that TRU is a good choice of investment.

How high can Truefi go?

The average price of Truefi (TRU) can possibly reach $0.226562 this year. Over the next 5 years, it is projected that Truefi may surpass $1.05.

How much will Truefi be worth in 5 years?

Based on the rising popularity of cryptocurrency and Truefi, a long term investment in TRU could see the price rise to $1.05 within the next 5 years.

How much will Truefi be worth in 10 years?

If you invest in Truefi today, as with any investment, a long term increase is expected. The price of TRU could possibly rise to $2.06 within the next 10 years.

What will the Truefi price be in 2024?

Truefi (TRU) price is expected to reach $0.404575 by 2024.

What will the Truefi price be in 2025?

Truefi (TRU) price is expected to reach $0.566406 by 2025.

What will the Truefi price be in 2026?

Truefi (TRU) price is expected to reach $0.728236 by 2026.

What will the Truefi price be in 2027?

Truefi (TRU) price is expected to reach $0.890066 by 2027.

What will the Truefi price be in 2028?

Truefi (TRU) price is expected to reach $1.05 by 2028.

What will the Truefi price be in 2029?

Truefi (TRU) price is expected to reach $1.21 by 2029.

What will the Truefi price be in 2030?

Truefi (TRU) price is expected to reach $1.38 by 2030.

What will the Truefi price be in 2031?

Truefi (TRU) price is expected to reach $1.59 by 2031.

Jason Conor Verified

Editor-in-Chief of the BitcoinWisdom site, I'm responsible for ensuring all the content on our website is accurate, relevant, and helpful. I am a cryptocurrency advocate and I have been following the crypto space since early 2012. I have written extensively about Bitcoin and my work has appeared in some of the most respected publications.

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