Assuming both files have the same number of lines:
awk '{getline f2 < "file2"; print f2 == $0 ? "TRUE" : "FALSE"}' file1
That's doing a numerical comparison if the strings to compare are numbers and lexical otherwise. For instance, 100 and 1.0e2 would be considered identical. Change to f2"" == $0 to force a lexical comparison in any case.
Depending on the awk implementation, lexical comparison will be done as if by using memcmp() (byte-to-byte comparison) or as if by using strcoll() (whether the two strings sort the same in the locale's collation order). That can make a difference in some locales where the order is not properly defined for some characters, not on all decimal digit input like in your sample.