[From Alpha Report Apr 16, section 3.2] 🔥
$TRUF (@truflation) - Token needs to be identified as #RWA soon, backed by @coinbase and @chainlink
1. Brief about the Project
- Truflation is a leading DRP (definite reference point protocol) for economic truth that is powering the tokenization of RWA with its independent, transparent, and real-time financial data.
- Truflation can be used to predict models for major US macro indicators, which can sometimes impact the price of Bitcoin.
- Truflation plays a significant role in data and operates in various fields. Keeping track of $TRUF's roadmap is essential.
- Backed by Coinbase, @base, @Modular_Capital, @LaserDigital_ . Also, @brian_armstrong (Co-founder & CEO of Coinbase) has praised and expressed trust in Truflation.
→ Based on what they currently do, this token may fall into categories such as #DeFi, #AI, RWA, #DePIN, #Web3. It is not yet clearly identified on CoinMarketCap due to being a new token (listed on some CEX exchanges like Kucoin, Gate, and MEXC on Apr 9).
If you are a fundamental project analyst, this is the time to evaluate this project.
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2. Regarding Trading by Smart DEX Traders
- They were buying at listing prices around the range of 0.1-0.15 and gradual selling as the token price rises to 0.5-0.6. (x4 - x5 profits)
- Market volatility has not significantly affected the price of $TRUF, which has been fluctuating around 0.55.
- Today, 3 Smart DEX Traders purchased over $250K worth of TRUF. The current total balance of this portfolio is 438.2K TRUF, ~ $341.8K. The three smart wallet addresses are publicly available at: https://t.co/YqW5Vyu0SO
- Although it is a new token, transaction values have sometimes reached $200K per transaction. The current MC is ~$730M.
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Disclaimer: This is not investment advice. Research and capital management are encouraged.
⚡️ TrustPad x NetVRK—FIRST IDO ANNOUNCEMENT
💥 We are super excited to announce that TrustPad will be launching NetVRK's @NetVRk1 IDO on 21st May 2021 🔥
NetVRk stood out as the perfect project to work with.
Read more here:
https://t.co/SfbFsqELuS
#DeFi#TPAD#NETVRK#IDO
Announcing our next IDO on @TrustPad!
The multi-chain launchpad has taken crypto by storm! ⚡️
IDO Date: 5/21 🔥🔥🔥🔥🔥
https://t.co/yFnpQrEpVF
https://t.co/Yj8eJP7K8l
📢 Our Public Sale Whitelist will open on May 7, 12PM (UTC). Keep an eye on the countdown timer on https://t.co/AYes9XkQR8.
💧 All whitelist participants will automatically receive 1 airdrop ticket. RT this tweet + tag 3 friends to receive an extra ticket.