Is TRB going to start performing today? It has risen again. This type of situation is dominated by strong market makers. The top 10 wallets hold 50% of the coins. If the price rises sharply and everyone sells short, you will die miserably!

图片

The total supply of this coin is 2.55 million, and the circulating supply is 2.49 million, which is almost fully circulated. In terms of the use of tokens, the previous project required miners to stake 1,000 TRB for mining, which enhanced the practical use of TRB.

Core functions

TRB’s core function is to serve as a bridge between blockchain and real-world data, providing smart contracts with reliable external data sources. This helps smart contracts make smarter decisions based on real data.

Market background and development

TRB is backed by well-known entities such as Binance and has received investments from MakerDAO and others. Some market observers have expressed concerns about the concentration of specific addresses holding TRB, especially the high proportion of TRB held by Binance.

Market analysis and outlook

Compared with leading oracle projects such as Chainlink (LINK) and Band Protocol, TRB's market capitalization is far behind, but this also means that there is more room for growth in the industry's blue ocean market. As the overall cryptocurrency market matures and develops further, TRB is expected to make more progress and growth in the future.

图片

Team Background

TRB’s CEO Brenda Loya has an economics background and worked in statistical software development for the U.S. federal government. CTO Nicholas Fett is a blockchain developer who founded Daxia, a centralized derivatives contract platform, and has extensive technical experience.

in conclusion

In short, TRB plays an important role in the market as a decentralized oracle protocol. However, there are too many signs of strong market manipulation, so don't think about opening a short position when the price rises sharply, and don't think about going long. It is not recommended to touch the contract. It is still okay to let the market maker take you to eat some soup in the spot market! They trick you into getting on the bus during the day and secretly cut you at night. The rise is really rising, and every pull makes people feel comfortable! Only bold and careful people dare to play.

If you are still confused in the cryptocurrency circle, click on the avatar to follow the big bull and share the latest information every day