True currency (How high can the value of True currency rise?)
True currency, also known as True, is an ERC20 version of a cryptocurrency. Over
True currency, also known as True, is an ERC20 version of a cryptocurrency. Over the past year, True has seen a significant increase in its mainnet upgrade and contract deployment. However, this new asset class has not kept pace with the development of DeFi.
Currently, DeFi projects have begun to appear on other protocols such as Ethereum and various decentralized application platforms. These platforms can use True for cross-chain transactions, lending, stablecoin issuance, and support ETH as a payment method, such as Tron and Solana. True is completely open-source and scalable, allowing anyone to create their own digital tokens.
How high can the value of True currency rise?
Since May 17th, the value of True currency has experienced a growth of nearly 40%. As of the time of writing, it has risen by over 20%, with a current price of around 3.88 Chinese yuan.
Currently, the circulating supply of True is 900 million. According to CoinMarketCap data, over the past 24 hours, there have been over 80,000 addresses holding TRUE, accounting for over 97% of the entire market share. Among them, over 95% are individuals who hold a significant amount of recognized assets. The top three wallets in terms of holdings are Binance, Huobi, and Bitfinex exchange.
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