Table of Contents:
- Coin prognosis
- What is True USD coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
- Where to buy TUSD
Possible bearish downtrend on True USD Downside
True USD's price has performed poorly over the past weeks. Buying TUSD at this time may lead to loss of capital.
| TUSD Price | $1.0000 USD |
| Price Change 24hours | $0.0000 USD (0.00%) |
| 24h Low / 24h High | $0.9992 / $1.0010 USD |
| Trading Volume 24hours | $5,753,185 USD |
| Market Cap | $1,210,891,392 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.
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Oct 5, 2022 | $1.0010 | Neutral |
| November, 2022 | $ 1.0010 USD | Upside |
| December, 2022 | $ 1.0010 USD | Upside |
| January, 2023 | $ 1.0010 USD | Upside |
| April, 2023 | $ 1.0001 USD | Downside |
| October, 2023 | $ 1.0000 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 $1.0000/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? | $1.0000 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 = $1.0000 USD. |
| Where do I buy True USD? | We have curated some great options. Buy TUSD coin here → |
Historical Price Data (USD)
Poor volume like TUSD could be an indication of short term bearishness.
| Date | Price | Volume |
|---|---|---|
| October 3, 2022 | $1 | $152,112 |
| October 2, 2022 | $1.001 | $412,077 |
| October 1, 2022 | $0.9997 | $14,812 |
| September 30, 2022 | $1.001 | $72,989 |
| September 29, 2022 | $1 | $68,716 |
| September 28, 2022 | $0.9996 | $93,869 |
| September 27, 2022 | $1 | $105,598 |
| September 26, 2022 | $1.001 | $98,739 |
| September 25, 2022 | $0.9997 | $28,781 |
| September 24, 2022 | $1 | $29,699 |
| September 23, 2022 | $0.9997 | $66,477 |
| September 22, 2022 | $0.9991 | $96,085 |
| September 21, 2022 | $1 | $94,990 |
| September 20, 2022 | $0.9994 | $58,747 |
| September 19, 2022 | $1 | $67,904 |
| September 18, 2022 | $1 | $31,513 |
| September 17, 2022 | $1.001 | $36,265 |
| September 16, 2022 | $1.001 | $48,260 |
| September 15, 2022 | $1.002 | $827,219 |
| September 14, 2022 | $0.9997 | $52,815 |
| September 13, 2022 | $0.9999 | $83,564 |
| September 12, 2022 | $1.003 | $57,118 |
| September 11, 2022 | $0.9997 | $27,849 |
| September 10, 2022 | $0.9994 | $35,120 |
| September 9, 2022 | $1.001 | $589,020 |
| September 8, 2022 | $1.002 | $44,210 |
| September 7, 2022 | $0.9999 | $50,896 |
| September 6, 2022 | $0.9999 | $73,353 |
| September 5, 2022 | $1 | $26,174 |
| September 4, 2022 | $1.001 | $19,542 |
Steps to buy True USD (TUSD) in 2022
- Buy TUSD with USD: Purchase TUSD with USD on the following exchanges: Bitfinex, BitTrex, bequant, EXRATES, .
Alternatively, - Buy Bitcoin directly on Coinbase, Binance or Paypal
- Send the BTC to an Exchange that supports TUSD/BTC pair. You can buy TUSD with Bitcoin at BitTrex, oneinch, BitTrex, OKEX, Upbit, Bitso, .
- Now, Buy True USD with BTC: Below is a detailed breakdown of exchanges that support True USD and their trading.
Exchanges that support TUSD/USD Pair
| Exchange | Trade Pair | Rating |
|---|---|---|
| Bitfinex | TUSD/USD | A |
| BitTrex | TUSD/USD | A |
| bequant | TUSD/USD | BB |
| EXRATES | TUSD/USD | B |
Exchanges that trade TUSD/BTC Pairs
| Exchange | Trade Pair | Rating |
|---|---|---|
| BitTrex | TUSD/BTC | A |
| OKEX | TUSD/BTC | BB |
| Upbit | TUSD/BTC | BB |
| Bitso | TUSD/BTC | BB |
Exchanges that allow TUSD/BTC trading
| Exchange | Trade Pair | Exchange Grade |
|---|---|---|
| BitTrex | TUSD/ETH | A |
| oneinch | TUSD/ETH | - |
