TRU (TrueFi) fluctuates 51.4% in 24 hours: Trading volume surges 63% driven by suspected whale purchases
Bitget Pulse2026/04/26 16:02Volatility 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.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, for informational purposes only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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