Tellor (TRB), an oracle cryptocurrency, has witnessed significant volatility in recent times with market manipulation accusations and major price shifts. Notably, Tellor was in the spotlight after hitting a new all-time high following impressive whale actions, leading to substantial price inflations. The coin rallied as much as 2000% in 2023 and saw a 360% spike. While exciting, this surge was accompanied by concerns as the coin’s value plummeted from $720 to $180 within a few hours. Notably,
whale activities played a role in this drastic increase and subsequent fall, sparking worries over potential market manipulations. A massive $68 million liquidation followed this crash, propelling the token’s price to extremes. Moreover, wild trading sessions and 'pump and dump' schemes created a rollercoaster ride for investors, further perpetuating these concerns. Nonetheless, Tellor gained momentum alongside other tokens like
Worldcoin and
Litecoin, and major crypto whales seemed unfazed by the market instabilities, continuing to stack Tellor. Despite the turbulence, future predictions suggest Tellor's price could potentially rise to $150 by 2024, contributing to the general interest and speculation among the crypto community viewing Tellor as one of the next big things. Coinbase Pro also noted offering Tellor, adding to its overall credibility and market spread.
Tellor Coin News Analytics from Wed, 24 Mar 2021 07:00:00 GMT to Wed, 31 Jul 2024 11:04:03 GMT -
Rating -6
- Innovation -5
- Information +7
- Rumor -2
