The market capitalization of the digital coin has exceeded $ 312 million. At 14:15 UTC on August 5, the cryptocurrency is trading at $ 0.84.
The cost of the TRU token has increased by almost 400% in less than a day. At 02:15 PM UTC on August 5, the digital coin is trading at $ 0.84.
The token’s market cap has exceeded $ 312 million, according to CoinGecko.
TRU is the proprietary cryptocurrency of the TrueFi decentralized finance platform from the creators of the True USD (TUSD) stablecoin.
TrueFi is a protocol for creating high APR interest pools for liquidity providers.
TRU token includes utility and reward mechanisms using TrustTokens (TRU) and rewards members for maintaining consistent high annual interest rates.
Over the past week, two more tokens showed a yield of more than 75% – Perpetual Protocol and Quant.
On August 2, the Dogelon Mars token went up in price by 50,000% instantly as a result of an outage.
For a while, the digital coin entered the top ten largest cryptocurrencies in terms of cryptocurrency capitalization of the CoinMarketCap service.
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