TREE NEWS update: Decentralized prediction market Trueo announced on September 22 that it will deploy to Ethereum mainnet, having launched natively on Base in March 2025. Hours later, Ethereum co-founder Vitalik Buterin said he welcomed a strong new prediction market competitor on L1, sending the TRUE token from about $0.02 to $0.214 within five hours, a gain of more than 10x. TRUE was trading near $0.11 with an FDV of about $11 million.
Trueo to Deploy on Ethereum Mainnet; TRUE Token Jumps Over 10x After Vitalik Buterin Endorsement
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AI take
The move matters less as a mainnet milestone than as a case study in how thin, low-float tokens reprice on a single high-profile endorsement rather than on usage. It also sharpens the L1-versus-L2 question for prediction markets: Base gave Trueo its launch, while Ethereum mainnet and Buterin's public welcome supply the legitimacy signal. The open question is whether TRUE's retrace from its peak holds as the deployment progresses and whether liquidity and trader activity follow the token rather than the headline.
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