True Seigniorage DollarTSD
$0.0755
Market/Exchange
TSD Price Prediction and Price Movement
TSD has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that TSD's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if TSD is backed by a solid development team and whether TSD's technology has any potential to grow.
Please note that this analysis is purely base on TSD's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
True Seigniorage Dollar Price Chart
About True Seigniorage Dollar
True Seigniorage Dollar is a decentralized, oracle data driven stablecoin which uses a supply elasticity method around a Time Weighted Average Price (TWAP) oracle for price stability. It’s an algorithmic stablecoin which uses TWAP to stabilize the price. Our goal is to maintain the price $TSD = 1 USD in long term.
In short, TSD total supply will increase if price is above 1 and will decrease if price is below 1, everything is controlled and governed by smart contracts and the DAO.