TRU (TrueFi) fluctuates 51.4% in 24 hours: Trading volume surges 63% driven by suspected whale purchases

Volatility Brief

In the past 24 hours, TRU price rebounded from a low of $0.00296 to a high of $0.00448, currently quoted at $0.00318, with an overall amplitude of 51.4%, first rising and then retreating during the day. Trading volume surged significantly to approximately $13.62 million (Vol/Mkt Cap as high as 287.98%), far exceeding the market cap, indicating a high turnover rate.

Brief Analysis of the Cause of Abnormal Movement

- Trading volume soared: 24-hour trading volume increased by 63%, triggering intense price fluctuations and driving a rapid rise from the low point.

- Suspected whale buying: On-chain monitoring indicates coordinated large-volume buying activities, directly pushing up the price, with short-term speculative trading intensifying volatility.

No official announcements or protocol-level events, TVL remains stable at around $21,700, with no significant on-chain activity spike.

Market Views and Outlook

Community sentiment is bullish (Coingecko shows 100% positive), with some traders in the discussion expecting a pullback to the $0.0030 support before rebounding, targeting $0.0042–$0.0045, but cautioning about high volatility risks and potential retracement pressure (such as RSI overbought). The mainstream opinion regards this as speculative pumping and recommends waiting for confirmation.