Tellor Coin (
TRB), an L1 oracle system with BRC-20 integration, has recently witnessed a series of promising price predictions and volatile trading sessions. Expected to rise up to $150 in 2024, the coin's market capitalization soared over 70% reportedly due to increased crypto whale activities, including major crypto whales stacking up altcoins like
Tellor, contributing to a price hike of 20%, and a staggering 190% price increase since the start of May. In June 2024, TRB was spotlighted among the top crypto gainers and was further projected to embark on a bullish rally, potentially surpassing the $300 mark. However, accusations of
market manipulation have also surfaced following a number of questionable price surges and declines, such as a 75% price crash and a 150% pump then fall incident. There were also cases of massive pump and dump events, leading to over $60 million liquidations. Despite allegations, the token's value surged by an impressive 112% in 30 days and reached a 2.5-year high. Whales capitalized on these price surges, which makes a
whale problem a big concern. Furthermore, Tellor was marked as a notable asset among top trending tokens, including Worldcoin and Litecoin, during exciting trading sessions. Several price analysis predicts more potential gains for TRB. However, the extreme swings in Tellorβs price raise concerns, yet present profitable opportunities for traders well-versed in such market dynamics. Finally, plans for the tokenβs launch on different platforms like Coinbase Pro and INDODAX are likely to impact TRB's performance positively.
Tellor Coin News Analytics from Wed, 24 Mar 2021 07:00:00 GMT to Fri, 02 Aug 2024 07:00:00 GMT -
Rating 3
- Innovation -5
- Rumor 5