【About TRB's recent direction】As of October 13, 2024, the price of Tellor Tributes (TRB) is approximately $64.05. In the past month, the price of TRB has risen by approximately 3.90%, outperforming the overall cryptocurrency market, which has fallen by 3.70% during this period.
In the recent week, the price of TRB fluctuated between $60.36 and $64.09, with the largest intraday increase occurring on October 12, with an increase of 5.3%. Currently, TRB has a market capitalization of approximately $168 million and a trading volume of approximately $17 million.
For Tellor specifically, although there is no separate data report, the overall market sentiment indicates increased liquidity. As a decentralized oracle network, Tellor has gained more and more investors' trust in its data reporting mechanism and governance structure. TRB's trading volume reached approximately $32.53 million in the past 24 hours, showing an increase in market activity.
As of October 2024, the holders of Tellor (TRB) show a relatively concentrated distribution. According to the data, about 60% of TRB tokens are held by the top 100 holders, reflecting a high degree of concentration. This concentration may affect market liquidity and price stability, as trading activities of a few large holders may cause price fluctuations.
In summary, TRB can be ambushed, and whales holding a large number of TRB tokens will follow the market sentiment to pull up, which is why TRB may rise by 40% at any time. At present, the market sentiment can be entered with a small position, and when the market sentiment comes, it can be continuously purchased, and then the shipment can have a good income. $TRB