Tellor (TRB) appears to have had a wild ride in the cryptocurrency market recently. From shocking
price crashes and accusations of
market manipulation to extraordinary
price surges caused by increased crypto whale activity, Tellor has certainly made headlines. This turbulence has led to significant increases in the coin's market cap, even reaching over 70% at one point. Additionally, major
crypto whales have been found to be vying for control of altcoins, including Tellor, causing even more tumult in the market. Despite the instability, Tellor's integration with L1 oracle system and
BRC-20 has been regarded as noteworthy, attracting positive sentiment for the coin.
Extraordinary price fluctuations have been seen in the value of Tellor, ranging from a low of $137 to a high of $600 in a short span. These radical movements have prompted major concerns about
market manipulation and sparked extensive investigations. Yet, even amidst these market turbulences, Tellor is gaining traction as a
potential good investment with predictions of its price reaching even $150 in 2024. Nevertheless, the drastic rise and fall of Tellor's price have subjected it to extreme volatility, initiating a series of liquidation worth $68M in 24 hours.
Recent updates also show Coinbase planning to launch perpetual futures for Tellor along with other cryptos Toncoin and Bittensor. The Tellor coins have grabbed considerable attention from the market watchers, with some even comparing its potential growth to leading cryptocurrencies. Despite the sharp price drops attributed to alleged Twitter phishing scams, Tellor's future projections remain hopeful.
Tellor Coin News Analytics from Wed, 24 Mar 2021 07:00:00 GMT to Tue, 27 Aug 2024 07:00:00 GMT -
Rating -2
- Innovation 6
- Information 3
- Rumor -1
