Tellor (TRB), a decentralized oracle supporting data requests for smart contracts on the Ethereum blockchain, frequently surfaces in controversial news about
market manipulation as its price oscillates violently. Terms like
massive pump and dump or
bizarre 150% pump then fall have frequently been associated with its price movement, primarily due to the
cryptocurrency whales' activities. tellor has enjoyed
impressive gains and has seen a massive price rally over the years. For instance, it witnessed a tremendous uplift of 112% in just a month and a 3200% rally over the long term. Despite the soaring gains, there have also been dramatic crashes, leading to significant liquidation mainly attributed to market manipulation. This led to concerns over its price volatility, which has left the market in shock multiple times. Major crypto whales have constantly been stacking Tellor and using it as a major player in the decentralized oracle space, despite concerns about its alleged price manipulation. However, Tellor still enjoys a positive price prediction with forecasts suggesting that it can surge as high as $500. In summary, though Tellor provides L1 oracle systems and a BRC-20 integration, its dramatic price swings bring both opportunities and uncertainties.
Tellor Coin News Analytics from Wed, 24 Mar 2021 07:00:00 GMT to Fri, 02 Aug 2024 17:00:58 GMT -
Rating -4
- Innovation 6
- Information 8
- Rumor -6
