TrueUSD remains pegged to the dollar even after a year, is it the ideal stablecoin in 2023 and beyond? Find out in our analysis and price predictions of $TUSD explained below.
TrueUSD was introduced by TrustToken as a digital asset backed by the U.S dollar with 100% collateral rate. In 2017, Rafael Cosman (present CEO), and two others, Stephen Kade and Danny An initiated the TrueUSD token.
You can find $TUSD listed on all major exchanges like Binance, and has statutory status too. Since the second half of 2022, TrueUSD has emerged as the ideal digital currency for the Caribbean country, Commonwealth of Dominica. Here’s some more details on the cryptocurrency:
Price | $1.00 (0.02%) |
Volume (24h) | $1,499,020,010 (-43.10%) |
Circulating Supply | 2,945,531,282 TUSD |
Rank | #26 |
Market Cap | $2,946,193,873 (-1.98%) |
Vol/Market Cap | 0.5089 |
All-time-high | $1.0899 |
Keep reading to find out price discussion, fundamental and technical analysis with price predictions for 2023, 2024, 2025, 2030, 2040, and 2050.
Is TrueUSD a Good Investment?
According to our analysis and predictions, TrueUSD might be a good investment in the present market. There are no signs of prices dropping, and even in the past, the token has emerged as one of the strongest pegged stablecoins.
However, before investing, do your own research, seek professional financial advice. The predictions made below on TrueUSD are only for educational purposes.
TrueUSD Price History
Historical prices of TrueUSD can help us in conducting price analysis. Below is a quick table followed by a visual chart:
Date | Min Price | Max Price |
Apr 2018 | $0.934 | $1.025 |
Aug 2018 | $0.991 | $1.023 |
Dec 2018 | $0.989 | $1.031 |
Apr 2019 | $0.989 | $1.038 |
Aug 2019 | $0.980 | $1.026 |
Dec 2019 | $0.966 | $1.045 |
Apr 2020 | $0.971 | $1.028 |
Aug 2020 | $0.979 | $1.020 |
Dec 2020 | $0.981 | $1.002 |
Apr 2021 | $0.996 | $1.026 |
Aug 2021 | $0.999 | $1.001 |
Dec 2021 | $0.993 | $1.001 |
Apr 2022 | $0.998 | $1.001 |
Aug 2022 | $0.998 | $1.002 |
Dec 2022 | $0.993 | $1.005 |
Apr 2023 | $0.995 | $1.007 |
TrueUSD Price Prediction 2023 to 2050
Being a stablecoin, we do not expect huge jumps from TrueUSD, but below you can find detailed predictions for each year.
Year | Min Price | Avg Price | Max Price |
2023 | $0.9993 | $1.0001 | $1.0005 |
2024 | $0.9998 | $1.0006 | $1.0010 |
2025 | $0.9996 | $1.0005 | $1.0016 |
2030 | $1.0001 | $1.0008 | $1.0184 |
2035 | $1.0004 | $1.0013 | $1.0091 |
2040 | $1.0011 | $1.0021 | $1.0502 |
2045 | $1.0006 | $1.0058 | $1.0919 |
2050 | $1.0013 | $1.0107 | $1.1013 |
TrueUSD Price Prediction 2023
Forecast for TrueUSD prices by the end of 2023 projects a high of $1.0005. In bearish conditions, we might also witness a low of $0.9993. As per our analysis of the present market, investors have firm belief in $TUSD and growth is expected this year.
Technical analysis helped us gain further insights as Exponential Moving Average evaluates buy indication with a value of 1.0012 and Relative Strength Index is neutral at 52.6909. From this performance, we have evaluated average prices at $1.0001.
TrueUSD Price Prediction 2024
Price predictions of TrueUSD for 2024 reveals that numbers might be found between $1.0010 (high) and $0.9998 (low). Analysis shows similar growth potential as previous year and if we consider the possibility of a bull rally, we can see prices going slightly higher.
According to experts, it should have already taken place in 2023, but due to a major blow on crypto firms by the SEC, it is on hold. Since FTX crashed, the overall market sentiment has largely hindered the cryptocurrency exchange, and by 2024, one bullish movement can help investors regain losses.
Even so, since $TUSD is a stablecoin, we will not see rapid movements and average prices can be found close to $1.0006.
TrueUSD Price Prediction 2025
Forecast for TrueUSD prices by the end of 2025 shows a potential high of $1.0016. Bearish trends can lead prices to a low of $0.999 with expectations around the dollar itself.
Projections and predictions on probable inflation rate in 2025 is around 4% and often stablecoins such as $TUSD and USD Coin become an ideal solution.
When you invest your money in stablecoin, you can tackle hyperinflation in your country. The possibility of it retaining its value is slightly better than keeping it idle. However, it is also worth noting that in case of hyperinflation, prices on the exchange are also going to be affected.
TrueUSD Price Prediction 2030
TrueUSD prices by 2030 are predicted to display a high of $1.0184 with a low of $1.0001. In this five-year period we might see certain moments of instability but in 2030, average numbers are forecasted at $1.0008.
Our predictions also include the fact that the organization will be diversifying their token-backing. If most of their investments are tied to just one entity, it is a huge risk and might shy away new investors towards Tether or USDC. According to the monthly report of TrueUSD, they have $3,066,535,481 in dollar reserves.
TrueUSD Price Prediction 2040
Long-term predictions of TrueUSD prices in 2040 forecast a high and low of $1.0502 and $1.0011 respectively. Projections are based on increased use cases of $TUSD, as cryptocurrencies are in constant demand of newer features.
For the token to sustain itself on the decentralized exchange, innovations are the milestones on that path.
TrueUSD recently joined Binance for farming of Pendle, which increases the number of uses for $TUSD.
Steps like this from an organization is always a good sign of progress, and if you are planning to invest make sure you research first.
TrueUSD Price Prediction 2050
Predictions for TrueUSD prices in 2050 forecasts a new all-time-high of $1.1013, which is commendable considering it is a stablecoin. Investors are always attracted by tokens which manage to peg itself right on the dollar and hover above it at times.
This not only assures security but gives hopes of making additional profit.
However, cryptocurrency are volatile (finance) and bearish trends can show us a low of $1.0013 with average numbers at $1.0107. Long-term projections are rarely accurate, so, please do not find any assurance in any of our predictions.
Should I Buy TrueUSD?
If you are looking for low-risk investments, TrueUSD is certainly one of the few stablecoins that are trusted on the cryptocurrency exchange. Even though there are larger players in the market, $TUSD has its strong community reach with constant updates to the token.
Considering that the organization is also being tied up with big names like Binance, the overall trust over the token is only predicted to increase. Even so, interested buyers should consider conducting further research on TrueUSD before making a move.