↝ Tellor Coin: Volatility and Prospects Amid Allegations of Manipulation

The cryptocurrency market's volatility is glaringly evident in the Tellor Coin (TRB) case. Tellor Coin has experienced dramatic fluctuations, with both surges and crashes occurring over short intervals. There is speculation that manipulation could be behind these erratic price movements, prompting concerns among investors. Whale investors have allegedly played a significant role in pushing the token's value, leading to sudden price hikes and plunges in some instances.

However, despite these erratic patterns, Tellor Coin has recorded substantial gains, reaching 2,000% rally in 2023. Price predictions suggest potential for further growth, forecasting prices hitting $150 by 2024. Exciting developments like launching on Coinbase Pro and INDODAX, as well as its oracle system and BRC-20 integration, are seen to have helped bolster the token's value. Still, the occasional dramatic falls remain a concern, such as the instance where the token slid from $600 to $137, triggering $68M in liquidations.

There are views that Tellor Coin could follow Bitcoin to new highs and suggestions that other smaller altcoins could become the ‘next Tellor.' This indicates recognition of Tellor's impressive performance in the cryptocurrency market.

Tellor Coin News Analytics from Wed, 24 Mar 2021 07:00:00 GMT to Tue, 27 Aug 2024 07:00:00 GMT - Rating -1 - Innovation 5 - Rumor -4