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β‡— Decoding the Price Swings in Tellor Coin amidst Allegations of Market Manipulation and Whale Interference

Decoding the Price Swings in Tellor Coin amidst Allegations of Market Manipulation and Whale Interference
Tellor (TRB), the decentralized oracle, has been garnering considerable attention. However, the coin's price roller coaster has sparked allegations of market manipulation. The sudden rise, often by triple digits, followed by a significant price drop, has raised eyebrows. In particular, notable Crypto Whales have been frequently linked with these price fluctuations, leading to speculations of price manipulation. The coin's price has swung wildly between $720 and $137 within a matter of hours, and has even recorded 3200% rallies. This phenomenon has affected not just retail investors but resulted in over $60 million liquidations as well.
Despite these concerns, the coin's network activity and social trend data have been robust, often lining up with major price movements. Even amidst these fluctuations, future price predictions remain high, with some even expecting the coin to reach $150 by 2024. Other predictions suggest it could reach $232 and potentially surge by 750% as network activity hits All Time Highs (ATH).
The coin has often been the top gainer, with a 2000% rally recorded in 2023, and is seen as a contender for the next crypto to explode. Interestingly, the coin has managed to rally despite a general bearish crypto market. Outside of price, Tellor has seen significant recognition through integrations like BRC-20 and listing on INDODAX, and even faced phishing scams. The Tellor's native token TRB is now competing with well-established coins like Litecoin and Worldcoin on social trends.

Tellor Coin News Analytics from Wed, 24 Mar 2021 07:00:00 GMT to Fri, 21 Jun 2024 07:00:00 GMT - Rating 5 - Innovation -6 - Information 8 - Rumor 2

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  • β†˜ Tellor Coin (TRB): A Rollercoaster Journey in the Crypto Market

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    Tellor (TRB) appears to have had a wild ride in the cryptocurrency market recently. From shocking price crashes and accusations of market...
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    The article introduces recent events revolving around Tellor Coin . Tellor has been accused multiple times on alleged market manipulation with...
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