$TRB
TRB (Tellor) is a decentralized oracle network on the Ethereum blockchain. Here are some facts about TRB:
1. Oracle Network: TRB is designed to provide decentralized data for smart contracts on Ethereum. It serves as a bridge between off-chain data and on-chain smart contracts, allowing smart contracts to interact with real-world data such as prices, weather information, or sports scores.
2. Data Validation: Tellor uses a network of miners to validate and deliver data to smart contracts. Miners compete to provide accurate data by staking TRB tokens as collateral. They are incentivized to provide accurate data through rewards and penalties.
3. Proof of Work: Tellor utilizes a Proof of Work (PoW) consensus mechanism. Miners solve computational puzzles to submit data to the Tellor smart contract. This ensures that data submissions are costly, thereby discouraging malicious actors from providing false information.
4. Security: TRB aims to provide a secure and decentralized oracle solution. By using a PoW consensus mechanism and requiring miners to stake TRB tokens, the network enhances security and discourages attacks or manipulation of data.
5. Token Economics: TRB is the native cryptocurrency of the Tellor network. It is used for various purposes within the ecosystem, including staking by miners, paying for data requests, and participating in governance decisions. The total supply of TRB is capped at 1 million tokens.
6. Use Cases: TRB's decentralized oracle network has various use cases across decentralized finance (DeFi), gaming, insurance, and supply chain management. Smart contracts in DeFi platforms, for example, often rely on accurate price feeds provided by oracles like Tellor.
7. Community and Development: Tellor has an active community of developers, users, and supporters. The project continues to develop and improve its technology to meet the growing demand for decentralized oracle solutions in the Ethereum ecosystem.
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$TRB is going to Rock to its holders be ready Guys it will break its All time high just wait and watch #TRB_UPDATE #TRBWhales #TRBFACTS #TRBTroubles

#MyFamily Tellor ($TRB ) has indeed been making waves recently! Let's dive into some insights and predictions for this decentralized oracle project:

1. Recent Performance:
As of now, the live Tellor price is approximately $120.46¹.
Over the past month, $TRB has surged more than 140%, catching the attention of crypto whales and investors.
The project's oracle network competes with Chainlink, offering a decentralized approach that aligns well with Ethereum's growth and DeFi 2.0 ecosystem development.

2. Price Predictions:
2024:
Low: $50
Average: $85
High: $250
2025:
Low: $80
Average: $200
High: $450
2030:
Low: $150
Average: $525
High: $850

3. Other Predictions:
Billionaire venture capitalist Tim Draper maintains his forecast that Tellor will reach $186.99 by the end of 2025 or early 2026⁶.
Long-term projections for 2040 suggest a price of $989.81.

:Remember that cryptocurrency markets can be volatile, influenced by various factors. While these predictions provide insights, always conduct your own research and consider market dynamics before making investment decisions. 🚀🔮#TRB_UPDATE #TRBFACTS

#TRB_MARKET_UPDATE #TrbPriceChallenge #TRBFACTS Brenda Loya and Michael Zemrose co-founded Tellor in 2019 in the struggle of making an oracle for their previous project called Daxia. It was designed to solve the problems users were facing with the existing oracles. Brenda Loya, the CEO of Tellor is a blockchain expert and has plenty of experience in data science and scalability.

Michael Zemrose, the CSO of Tellor, has worked as a small business consultant. Thus, he has enough experience in business development.

Tellor has raised around $400,000 in 3 rounds for the development of the project. Binance Labs, Makers, and Consensys Grants are some of the popular names that have invested in this project.

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The price of #TRB reacts well to the top and bottom of the descending channel that is part of a bullish flag pattern.

The price correction process is slow down, and if it can get out of the channel, it will be pumped very strongly. To confirm and continue the upward trend, the price must cross $110.
The probability of the price reaching the support level of $74.00-65.00 and then starting the next upward step is high. This level is a strong demand area. If the price can't jump after reaching this area and fall below it, the upward trend will be invalid, and it shows It will give more downward movement for the price.
#TRB_UPDATE #TRBFACTS