True USD Forecast
True USD Price PredictionsTrue USD(TUSD) opened trading today at $1.05. It achieved a Market high of $1.05 and a subsequent Market low of $0.99, Representing a change of $-0.04 and price percentage change of -3.53% . Its current Price is $1.01 representing a market share of 0.00% only.
A total volumn of $4,812 worth of True USD traded hands today, achieving a Maximum Mkt Cap of $210,870,112 for the day.
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Many people are looking to invest in digital assets (including True USD) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for True USD as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.
With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, True USD has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.
True USD is currently trading around $1.01.
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Detailed TUSD Price Predictions Videos:
True USD Fundamental Analysis
True USD FA Videos
Watch someone smart explain what True USD is and the problem it aims to solve. This should help you make an informed decision to invest or not..
TrueUSD, part of the TrustToken asset tokenization platform, is a blockchain-based stablecoin pegged to the value of USD. In the TrueUSD system, U.S Dollars are held in the bank accounts of multiple trust companies that have signed escrow agreements, rather than in a bank account controlled by a single company. The contents of said bank accounts are published every day and are subject to monthly audits.
If someone wants to obtain TrueUSD through the online application, they will need to pass a KYC/AML check. Once that’s complete, they can send USD to one of TrueUSD’s trust company partners. Once the funds are verified by the trust company, their API will instruct the TrueUSD smart contract to issue tokens on a 1 to 1 ratio and to send them to the Ethereum address associated with the account at hand.
Once in the wallet, the tokens can be transferred to a friend or used as payment, combining the advantages of fiat (stability and trust) with those of cryptocurrencies (reduced fees and transfer times). The user can also redeem real US Dollars by sending the TUSD tokens back to the smart contract address, which will notify the trust company, and initiate a bank transfer to the user’s account.
True USD(TUSD) Daily Trading
|Current Supply||207,931,248 TUSD|
|Total Supply||9,574,114 TUSD|
|24h Volume (coin)||4,815 TUSD|
|24h Volume (currency)||$4,812|
|Last updated||2019-01-19 22:46:22 +00:00 GMT|
Other Price Forecasts similar to True USD(TUSD) :
Common TUSD Price Prediction Questions
What is True USD’s potential future value?
TUSD's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what True USD is and what it does. This is because True USD's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can TUSD make you one?
What is going on with True USD's price?
In order not to be too rattled, read our Fundamental analysis above on True USD to know if it’s a good hodl.
How high will True USD go?
No one really knows for sure. We however predict TUSD might be 4x by end of 2019.
Why is True USD(TUSD) rising today?
On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of True USD to see its expected value. You can also visit True USD's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The True USD website page will quickly provide you with that value.
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Why is True USD's price going down?
It’s difficult to tell right now as the daily TUSD candle hasn’t closed. Hopefully it closes above its 200EMA and signifies a reversal. However a quick way to know the reason for any sudden disruption in True USD's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for True USD, Simple click the Social Button on this page, located immediately below the Price Charts.
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TUSD Live Prices Data
True USD Daily Price History
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