Tellor (TRB), a layer 1 oracle system, has experienced significant volatility in recent years, garnering attention within the crypto space. A sharp spike in the TRB token price was followed by a drastic fall, a sequence frequently seen across these ongoing accounts. Allegations ranging from market manipulation to suspicions concerning the consistent
whale activity hover the crypto. Despite the tumultuous price changes observed, some of which amounted to 3200% rallies, bold price predictions for the years 2024, 2025, and 2030, suggested a bullish trajectory for Tellor. Correspondingly, Tellor saw a significant increase in its market cap and intense trading sessions. Amidst the impressive gains achieved, there were also instances of a harsh price crash, wherein in one case, the TRB price plummeted from $600 to $137. Influential crypto exchange
Coinbase has announced to launch perpetual futures for Tellor and other altcoins, a decision further stimulating market interest in the coin. The participation of crypto whales has been conspicuous in Tellor's trade, leading to speculation of price influence. Despite alarming levels of price manipulation allegations and occurrence of pump-and-dump events, Tellor's resilience in a bear crypto market is notable. The potential integration with BRC-20 marks a new development phase for Tellor, bringing in further exploration and innovation. Despite the turbulence faced by the coin, owning Tellor (TRB) is perceived as an investment opportunity, with dedicated investment guides being published.
Tellor Coin News Analytics from Wed, 24 Mar 2021 07:00:00 GMT to Fri, 19 Jul 2024 10:19:47 GMT -
Rating 6
- Innovation 3
- Information 4
- Rumor -4
