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 | $1.0020 USD |
| Price Change 24hours | $-0.0010 USD (-0.10%) |
| 24h Low / 24h High | $0.9999 / $1.0030 USD |
| Trading Volume 24hours | $2,769,818 USD |
| Market Cap | $1,213,313,152 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 |
|---|---|---|
| Jan 30, 2023 | $1.0030 | Neutral |
| March, 2023 | $ 1.0021 USD | Downside |
| March, 2023 | $ 1.0032 USD | Upside |
| April, 2023 | $ 1.0021 USD | Downside |
| July, 2023 | $ 1.0020 USD | Downside |
| January, 2024 | $ 1.0020 USD | Downside |
TUSD Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| 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 $1.0020/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? | $1.0020 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 = $1.0020 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 |
|---|---|---|
| January 27, 2023 | $1.001 | $636,163 |
| January 26, 2023 | $0.9999 | $491,880 |
| January 25, 2023 | $1.003 | $88,044 |
| January 24, 2023 | $1.002 | $78,281 |
| January 23, 2023 | $1.001 | $71,113 |
| January 22, 2023 | $1.003 | $62,427 |
| January 21, 2023 | $1.004 | $96,727 |
| January 20, 2023 | $1.002 | $83,253 |
| January 19, 2023 | $0.9999 | $490,544 |
| January 18, 2023 | $1.001 | $82,427 |
| January 17, 2023 | $1 | $55,757 |
| January 16, 2023 | $1.001 | $66,438 |
| January 15, 2023 | $0.9998 | $44,517 |
| January 14, 2023 | $1.001 | $107,055 |
| January 13, 2023 | $0.9999 | $94,663 |
| January 12, 2023 | $0.9997 | $122,629 |
| January 11, 2023 | $1.001 | $63,550 |
| January 10, 2023 | $1 | $57,702 |
| January 9, 2023 | $1.003 | $73,797 |
| January 8, 2023 | $1 | $21,222 |
| January 7, 2023 | $1 | $11,634 |
| January 6, 2023 | $0.9999 | $52,493 |
| January 5, 2023 | $1 | $31,171 |
| January 4, 2023 | $1.002 | $58,855 |
| January 3, 2023 | $1.001 | $37,768 |
| January 2, 2023 | $1.004 | $30,198 |
| January 1, 2023 | $1.013 | $20,333 |
| December 31, 2022 | $1.003 | $27,950 |
| December 30, 2022 | $1.002 | $53,422 |
| December 29, 2022 | $0.9999 | $41,225 |
Steps to buy True USD (TUSD) in 2023
- 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 | - |
