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OriginTrail Price (TRAC)

OriginTrail Price (TRAC)

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Currency:
TRAC to USD:
1 OriginTrail equals $ 0.820746 USD+6.94%1D
Page last updated: 2024-12-23 18:38 (UTC+0)
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Note: This information is for reference only.

Price of TRAC today

The live price of OriginTrail is $ 0.820746 per (TRAC / USD) with a current market cap of $ 340.61M USD. 24-hour trading volume is $ 3.53M USD. TRAC to USD price is updated in real-time. OriginTrail is +6.94% in the last 24 hours with a circulating supply of 415.00M.
TRAC Price History USD
Date ComparisonAmount Change% Change
Today$ 0.053268+6.94%
30 Days$ -0.076452-8.52%
60 Days$ 0.340431+70.88%
90 Days$ 0.223513+37.42%

TRAC Market Information

24h Low & High
Low: $ 0.752796
High: $ 0.869023
The highest and lowest price paid for this asset in 24 hours.
All Time High
$ 3.867289
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
-1.09%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
+6.94%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-23.09%
The percentage change in price for this asset compared to 7 days ago.

TRAC Market Information

Popularity
#194
Popularity is based on the relative market cap of assets.
Market Cap
$ 340.61M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
$ 3.53M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
415.00M
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
$ 410.37M
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

About OriginTrail (TRAC)

OriginTrail is a decentralized project which positions itself to enable seamless data sharing between entities in a multi-chain environment. The protocol is derived from the development of a decentralized project initially launched along with its network token on the Ethereum blockchain platform.

Trace Labs, the official entity behind OriginTrail, started as a company that embarked on a journey to implement traceability systems for food processing companies in Europe as far back as 2013. The company is on record as starting to implement blockchain technology in its systemization in the year 2016.

Called the world’s first official “Decentralized Knowledge Graph,” the fundamental blockchain-based protocol developed by Trace Labs, OriginTrail was launched on Ethereum in 2018. The protocol now supports multi-chain interoperability between engagers in the blockchain-based data-sharing ecosystem. Users of the OriginTrail protocol are empowered to store and obtain shared and discoverable data within the network.

Data and information across multiple industries and market sectors are associated with the OriginTrail protocol. The physical world stretching across industries such as fashion, healthcare, art, entertainment, education, and supply chains are connected in real-time to the digital world of blockchains, smart contract protocol, DeFi, NFTs, and the metaverse - through the interface provided by the OriginTrail protocol.

Today, OriginTrail is interoperable on Ethereum, Polygon and Gnosis Chain, with Polkadot being integrated. The token is fundamentally an ERC-20 cryptocurrency token tradable with other Ethereum cryptocurrencies. Post the Ethereum Merge, TRAC is validated using Proof-of-Stake (PoS) consensus. OriginTrail is known by its token ticker $TRAC. The live price of OriginTrail is updated and available in real-time on Binance.

People Also Ask: Other Questions About OriginTrail

  1. What Does OriginTrail Stand For?

    The OriginTrail is associated with the fundamental purpose of the Trace Labs company, which is responsible for bringing the idea to market. OriginTrail denotes supply chain and other industry data trails, which the protocol is developed to track, manage, and make accessible to multiple industry participants who have immense use for the valuable data.

  2. What is TRAC Used For?

    TRAC is used to pay for fees associated with traffic and transactions incurred within the OriginTrail protocol. TRAC is also a recognized store of value sent between users of the protocol and token holders. Moreover, TRAC is used as a digital token to compensate data providers and nodes within the network. Holders have the ability to stake TRAC to receive rewards. The staked TRAC assists in the protocol’s operation, and individuals who take part are given a portion of the network fees collected.

  3. Who is The Founder of OriginTrail?

    The company behind OriginTrail, Trace Labs, was founded in 2013 by Branimir Rakic, Tomaz Levak, Ziga Drev. The company was founded and is based in Slovenia. In 2016, Trace Labs began looking to blockchain technology to enhance its data tracking and related systems, and in 2018 the protocol went live on Ethereum first.

  4. What is the Maximum Token Supply of TRAC?

    The maximum supply of TRAC tokens is 500,000,000. At the time of writing, the total circulating supply of TRAC is 393,600,188 TRAC tokens.

  5. What Makes OriginTrail Different From Others?

    Since its founding in 2013, Trace Labs has worked with many large companies within supply chains and other industries to solve data management and tracking issues. The company was distinguished by Walmart in 2017, shortly after entering the Walmart Food Innovation pipeline. It was awarded the Walmart Innovation Spark Award for its efforts while working within the pipeline. To date, multiple world-class corporations are already using Trace Labs and OriginTrail for data management needs and to create value within existing corporate ecosystems.

  6. Is OriginTrail (TRAC) Available On Binance?

    Currently, OriginTrail (TRAC) is not available for purchase or trade on Binance. While it is not actively listed, the live OriginTrail price is updated in real-time on Binance. Additionally, TRAC coin price and alternative purchase information are available for users in our How to Buy OriginTrail (TRAC) Guide.

TRAC to Local Currency

FiatPriceOperation
1 TRAC to USD$ 0.820746
1 TRAC to TRY$ 0.820746
1 TRAC to RUB$ 0.820746
1 TRAC to EUR$ 0.820746
1 TRAC to AED$ 0.820746
1 TRAC to AUD$ 0.820746
1 TRAC to BRL$ 0.820746
1 TRAC to VND$ 0.820746
1 TRAC to IDR$ 0.820746
Last updated 2024/12/23 06:38 (UTC)

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