The Block • Sep 27, 23
Bitcoin’s correlation with equities continuing to diverge
The correlation between bitcoin and equities will continue to diverge over the coming months due to the Fed's continued monetary tightening.
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TrueChain
TRUE
TrueChain is not supported by Coinbase.
Market
Market stats
Market cap
-
Volume (24h)
-
Circulating supply
-
All time high
$3.71
Price change (1h)
+0.11%
Price change (24h)
+0.56%
Price change (7d)
+1.72%
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
TrueChain is on the rise this week.
The price of TrueChain has risen by 1.72% in the past 7 days. The price increased by 0.56% in the last 24 hours. In just the past hour, the price grew by 0.11%. The current price is $0.000676 per TRUE. TrueChain is 99.98% below the all time high of $3.71.
The current circulating supply is 0 TRUE.
About
What Is TrueChain (TRUE)?
TrueChain is a secure, scalable, and permissionless public blockchain ecosystem that is powered by a hybrid consensus mechanism called Minerva. Minerva employs the use of Proof Of Work and Delegated Proof of stake consensus mechanisms. Delegated POS is a consensus mechanism where users delegate their work to other people in order to reach consensus rather than doing it themselves.
The PoW protocol reduces mining attacks and brings miners of different hash powers to the miner community. Thus TrueChain's hybrid consensus mechanism achieves speed, decentralization, and security.
TrueChain claims to provide the underlying public blockchain infrastructure with high security and performance for decentralized applications (DApps) and financial transactions. TrueChain seeks to develop a well-governed and efficient blockchain system for a properly decentralized economy.
Some of the main features of the TrueChain platform are:
● Tackles the obstacles of permissionless blockchain:TrueChain seeks to solve the conflict between decentralization and efficiency for permissionless blockchain via hybrid consensus and secure sharding. Sharding is a database-partitioning technique through which a blockchain company's entire network is split into smaller partitions, known as "shards," to process more transactions per second.
● Hybrid consensus incentive model:TrueChain has developed a hybrid consensus incentive model to use economics as a drive to improve the chain.
● Stable and low gas fee mechanism:TrueChain claims to have developed a stable gas fee mechanism that reduces the expense for the developers/operators of DApps.
● Open-sourced grid of products:This open-sourced grid of products supports the hybrid consensus permissionless blockchain platform and makes the chain easy to use.
The native currency of TrueChain is the TRUE token used for transaction gas fees and staking.
History of TrueChain (TRUE)
The Truechain organization was founded in December 2017 by Eric Zhang and is headquartered in Singapore. The total supply of TRUE tokens is 100 million. There are over 3000 developers in the TRUE tech community.
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TrueChain Calculator
How much is 1 TRUE?
Conversion Table
TRUE/USD (United States Dollar)
$0.000676
TRUE/CAD (Canadian Dollar)
CA$0.000918
TRUE/GBP (British Pound)
£0.000554
TRUE/INR (Indian Rupee)
₹0.0562
TRUE/BRL (Real)
R$0.0034
TRUE/EUR (Euro)
€0.000639
TRUE/NGN (Nigerian Naira)
NGN 0.52
TRUE/SGD (Singapore Dollar)
S$0.000924
Reading List
News
Decrypt • Sep 27, 23
You Can Now Trade Bitcoin Mining Hashpower on Arbitrum
The Lumerin Hashpower Marketplace creates a novel method for decentralizing Bitcoin's global hashrate and makes mining accessible to retail investors.
Read more
Unchained • Sep 27, 23
SEC Chair Gensler Says Bitcoin Isn’t a Security
Appearing before the U.S. House Financial Services Committee on Wednesday, Securities and Exchange Commission (SEC) Chair Gary Gensler said that bitcoin (BTC) isn’t a security but stopped short of calling the digital asset a commodity. The sentiment echoed Gensler’s previously more lenient stance on
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CoinDesk • Sep 27, 23
The Protocol: Google Pushes Deeper into Blockchain
Google's cloud-computing division is increasingly involved in blockchain, with plans to add 11 networks including Polygon, Optimism, and Polkadot to its 'BigQuery' program for public datasets.
Read more
CoinDesk • Sep 27, 23
With All Eyes on a Spot Bitcoin ETF Approval, Don’t Sleep on ETH (or ETHE)
There’s a better trade than buying Grayscale’s GBTC if you’re optimistic the SEC will approve crypto ETFs.
Read more
The Block • Sep 27, 23
FalconX participates in $3 million seed round for DeFi portfolio manager Bril Finance
Bril Finance raised $3 million in seed funding from FalconX, Kosmos Ventures and the Algorand Foundation. It also officially launched on Sei.
Read more
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FAQ
What is the current price of TrueChain?
We update our TrueChain to USD currency in real-time. Get the live price of TrueChain on Coinbase.
What is the market cap of TrueChain?
The current market cap of TrueChain is $0.00. A high market cap implies that the asset is highly valued by the market.
What is the all time high of TrueChain?
The all-time high of TrueChain is $3.71. This all-time high is highest price paid for TrueChain since it was launched.
What is the 24 hour trading volume of TrueChain?
Over the last 24 hours, the trading volume of TrueChain is $0.00.
What other assets are similar to TrueChain?
Assets that have a similar market cap to TrueChain include Thunder Lands, More Token, Niobio, and many others. To see a full list, see our comparable market cap assets.
How many TrueChain are there?
The current circulating supply of TrueChain is 0.
Can I buy TrueChain on Coinbase?
No, TrueChain is not currently available on Coinbase, but you can sign up to get the latest news on TrueChain and be notified when it gets added to our exchange.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.