Table of Contents:
- Coin prognosis
- What is True USD coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
- Where to buy TUSD
Possible bearishness on True USD Downside
Over the past few weeks, True USD's price has performed poorly in relation to the market. This poor performance is reflected in it's daily price movements which heavily influences our ranking algorithms. Buying TUSD at this time may lead to loss of capital. However, if you believe this is a good project, take a look at our Fundamental analysis and do a detailed due diligence, then accumulate a long-term position.
TUSD Price | $0.9999 USD |
Price Change24h | $0.0000 USD (0.00%) |
24h Low / 24h High | $0.9993 / $1.0008 USD |
Trading Volume24h | $7,161,468 USD |
MarketCap | $854,599,424 USD |
What is True USD? Fundamental Analysis
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.
Future price prediction
Date | Price | Possible movement |
---|---|---|
Jun 26, 2022 | $1.0008 | Neutral |
July, 2022 | $ 1.0004 USD | Downside |
August, 2022 | $ 1.0002 USD | Downside |
September, 2022 | $ 1.0002 USD | Downside |
December, 2022 | $ 1.0004 USD | Downside |
June, 2023 | $ 1.0002 USD | Downside |
TUSD Crypto Price Forecast: Frequently Asked Questions
Question | Answer |
---|---|
Will True USD rise today? | Our data indicates True USD will rise today. It's already higher than it's opening price. That's a great sign |
What will be the highest price of True USD (TUSD) in future? | Our analysis shows True USD is already past it's immediate all time high, indicating a bearish signal! |
Will True USD (TUSD) price increase in future? | No. Our algorithms indicate that True USD (TUSD) will experience a significant decline in future. As low as $1.0002/TUSD |
Will an Investment in True USD (TUSD) be profitable or make a loss? | Probably Loss making. |
What will be the lowest price of True USD (TUSD) in future? | $1.0002 USD |
Will the price of True USD (TUSD) move downward in future? | Down only |
At the end of the year, what will be the price of 1 True USD? | Our analysis shows an end of year prognosis of 1TUSD = $1.0002 USD. |
Where do I buy True USD? | We have curated some great options. Buy TUSD coin here → |
Historical Price Data (USD)
Pay close attention to daily volume fluctuations. Poor volume like TUSD has is a good indication of bearishness in the short term.
Date | Price | Volume |
---|---|---|
June 8, 2022 | $1 | $102,378,196 |
June 7, 2022 | $0.9998 | $44,310 |
June 6, 2022 | $0.9996 | $34,478 |
June 5, 2022 | $0.9994 | $10,419 |
June 4, 2022 | $0.9996 | $10,440 |
June 3, 2022 | $0.9999 | $24,598 |
June 2, 2022 | $0.9997 | $31,047 |
June 1, 2022 | $1 | $43,756 |
May 31, 2022 | $0.9995 | $32,451 |
May 30, 2022 | $0.9996 | $46,275 |
May 29, 2022 | $0.9994 | $12,835 |
May 28, 2022 | $0.9996 | $12,655 |
May 27, 2022 | $0.9989 | $36,555 |
May 26, 2022 | $0.999 | $45,031 |
May 25, 2022 | $0.9992 | $26,880 |
May 24, 2022 | $0.9994 | $28,240 |
May 23, 2022 | $0.9995 | $38,265 |
May 22, 2022 | $0.9993 | $21,380 |
May 21, 2022 | $0.9994 | $15,769 |
May 20, 2022 | $0.9988 | $57,015 |
May 19, 2022 | $0.9983 | $48,931 |
May 18, 2022 | $0.9992 | $44,874 |
May 17, 2022 | $0.9989 | $33,056 |
May 16, 2022 | $0.9989 | $41,476 |
May 15, 2022 | $0.9988 | $26,747 |
May 14, 2022 | $0.9986 | $28,726 |
May 13, 2022 | $0.9992 | $64,358 |
May 12, 2022 | $1.002 | $160,705 |
May 11, 2022 | $1 | $131,821 |
May 10, 2022 | $0.9993 | $103,864 |
Where and How to Buy True USD (TUSD) Coin
There are 3 steps to purchasing True USD. They are:
- Buy Bitcoin: Buying Bitcoin in 2022 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase TUSD directly with USD. They are: Bitfinex, BitTrex, bequant, EXRATES, .
- Move the Bitcoin to an Exchange that supports TUSD: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the TUSD/BTC trading pairs.
At the moment, TUSD is currently available for purchase with Bitcoin at BitTrex, oneinch, BitTrex, OKEX, Upbit, Bitso, . - Buy True USD on the Exchange: Now, you can buy True USD with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different TUSD pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.
USD Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
---|---|---|---|
Bitfinex | TUSD/USD | $11,517 USD | A |
BitTrex | TUSD/USD | $223,194 USD | A |
bequant | TUSD/USD | $18,591 USD | BB |
EXRATES | TUSD/USD | $72,346 USD | B |
Bitcoin Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
---|---|---|---|
BitTrex | TUSD/BTC | 23.1912 BTC | A |
OKEX | TUSD/BTC | 20.2527 BTC | BB |
Upbit | TUSD/BTC | 0.1839 BTC | BB |
Bitso | TUSD/BTC | 2.0305 BTC | BB |
Eth Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
---|---|---|---|
BitTrex | TUSD/ETH | 60.0614 ETH | A |
oneinch | TUSD/ETH | 168.1413 ETH | - |