TRU
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CZ’s Response to the TRU Surge
On March 15th, CZ responded to the surge in TRU (TrueFi) after the release of TUSD related announcements. TRU should have nothing to do with TUSD. CZ: TRU is not related to TUSD Analysis based on this information:On March 15th, 2021, Changpeng Zhao, also known as CZ, the CEO of Binance, responded to the sudden surge in the value of TrueFi (TRU) following the release of announcements related to TrueUSD (TUSD). In his response, CZ emphasized that there was no direct correlation between TRU and TUSD and that TRU investors should not base their decisions on TUSD-related news. TrueFi is a decentralized lending platform that allows users to borrow and lend cryptocurrencies without the need for intermediaries. It uses algorithms to determine the borrower’s creditworthiness and sets the interest rates accordingly. TrueUSD, on the other hand, is a stablecoin, i.e., a cryptocurrency pegged to the value of the US dollar. TrueUSD facilitates transactions on various cryptocurrency exchanges and other platforms….
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Qian An to Launch TRU 1-20 Times U-standard Perpetual Contract
According to the official announcement, Qian An announced that it would launch the TRU 1-20 times U-standard perpetual contract at 20:00 on March 7, 2023.
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BlockTower Capital Sells TRUs to Coinbase and DEX
According to the report, according to the monitoring and analysis of the online data platform @ Lookonchain, BlockTower Capital, the largest holder of TRU, tra…
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TrueFi Sees Short-Term Maximum Increase of Over 60%
According to reports, data shows that TRU (TrueFi) has a short-term maximum increase of more than 60%, and is now up 44.5%, with an offer of $0.06. Previously,…