TRB Coin Price Prediction Today, Tomorrow, Week, and 2023-2030
Latest Tellor Price
|Metric||Last 24 Hours||Trend|
|Net Social Media Sentiment||14.0%||Lower|
Article Coverage: Performance Summary, Latest Tellor News, Tellor TRB Price Prediction Today Tomorrow Week, Tellor Price Prediction 2023-2030, Is Tellor a Good Investment? Where to buy Tellor
TRB Performance so far
- Year To Date (2023): +191.5%
- Last 12 Months: +138.2%
- Since Launch (2020): +2505.2%
TRB Coin Price Prediction Today, Tomorrow and Week
- Tellor TRB Price Prediction in the next 24 hours is between $33.6 and $36.8
- Tellor TRB Price Prediction this week is between $34.4 and $36.9
TRB Coin Outlook
|Overall Outlook||Partially Bearish|
|1. Market's Wisdom||Partially Bearish|
|1a. Market Data||Neutral|
|1b. Technical Recommendation||Sell|
|2. Crowd's Wisdom||Neutral|
|2a. Social Media Buzz||Higher|
|2b. Social Media Sentiment||Lower|
TRB Price Prediction 2023–2030, Aggregated
- Tellor TRB Price Prediction 2023 is $84.1
- Tellor TRB Price Prediction 2024 is $110
- Tellor TRB Price Prediction 2025 is $156
- Tellor TRB Price Prediction 2026 is $204
- Tellor TRB Price Prediction 2027 is $226
- Tellor TRB Price Prediction 2028 is $289
- Tellor TRB Price Prediction 2029 is $405
- Tellor TRB Price Prediction 2030 is $582
Tellor vs Chainlink
$LINK has been struggling over the last 12 months along with $UMA and $BAND. However $TRB coin has had a great run during this period. Let us Compare Tellor with Chainlink to understand the differences
|Node competition||Nodes compete to retrieve data and place it on the blockchain||Requires nodes to have a significant amount of LINK to publish data|
|Data challenge feature||Offers a feature allowing token holders to challenge data, rewarding legitimate challenges||Does not have a feature like Tellor’s that allows token holders to challenge data|
|Data submission||Emphasizes decentralization, allowing anyone with 1,000 TRBS to set up a node and offer data to Oracle as staked reporter||Data submitted by whitelisted nodes.|
|Data verification||Data can be verified by any staked disputers||Relies on Chainlink’s company competency for data quality assurance|
|Data submission cost and reward||Reporters pay gas fees for data in return for a TRB reward||Chainlink subsidizes gas fees for data|
|On-chain functions||Incorporates on-chain functions for liveness, such as tipping and autopay||Chainlink guarantees liveness|
|Contract mutability||Plans for immutable contracts with Tellor 360. Currently, Tellor contracts can be upgraded through a token-weighted governance vote||Contracts can be upgraded by a Chainlink multisig|
TRB Price Prediction: Is TRB Crypto a Good Investment?
What is TELLOR?
Tellor is a blockchain oracle network that connects blockchain to real-world data. The Tellor token acts as a bridge, allowing blockchains to access external data. While blockchains typically keep their data isolated, Tellor encourages its network participants to provide real-world data, which can be checked by anyone.
This ensures security and transparency, unlike centralized systems that are susceptible to manipulation. Tellor’s objective is to maintain a decentralized network where data reporting and verification are carried out by a community of users.
Key Features of Tellor
- Tellor ensures that accurate data from various sources is curated, screened, and made available on the blockchain. This data can be verified and validated by anyone in the network.
- It operates as a community-driven oracle protocol. It rewards users who provide valid data on the blockchain and penalizes those who submit incorrect information.
- Data is crucial for decentralized finance (DeFi) platforms, and Tellor plays a pivotal role by offering valuable data, including real-time price information for selected cryptocurrencies like Ethereum, Polygon, and Algorand.
Use Cases of Tellor
Tellor enables DeFi applications to access real-world, off-chain data. This is essential for DeFi apps to make informed decisions based on current, real-time information, such as cryptocurrency prices, stock market indices etc.
Users can participate in Tellor’s ecosystem as staked miners and earn TRB (Tellor’s native cryptocurrency) as a reward. TRB can also be used for disputing data accuracy and trading for profit on cryptocurrency exchanges.
What Makes Tellor Unique?
Tellor is a system on the Ethereum network that helps smart contracts access trustworthy information in a secure and decentralized way. It’s faster and more cost-effective than traditional methods, updating data every 5 minutes when requested. Miners, who have staked tokens, verify and provide this data while solving a mathematical problem.
Users can use Tellor’s token (TRB) to request and obtain data, and miners are motivated by rewards to provide it. This system combines incentives, miners, and oracles to make sure data is reliable and accessible.
With the growing popularity of DeFi apps, projects like Tellor that offer efficient and low-cost Oracle services have a promising future. Overall, Tellor appears to be a good investment.
TRB price prediction: Is TRB Legit?
Audited by: CertiK
CertiK employs Formal Verification, and their audit of Tellor focused on:
- Testing for common and rare attack scenarios.
- Assessing code for industry best practices.
- Ensuring contract logic aligns with client intentions.
- Cross-referencing with leading industry contracts.
- Conducting a thorough manual line-by-line review.
- CertiK recommended structural changes to enhance transaction safety and efficiency.
- They identified an overlooked potential overflow issue, strengthening security.
- CertiK proposed improvements for safer ownership transfers.
- Overall, CertiK improved code quality, enhancing Tellor’s product.
CertiK’s audit confirmed that Tellor’s contract is free from common security flaws and known vulnerabilities. As a result, CertiK certifies that Tellor has successfully passed their audit with a secure product.
TRB Price Prediction: Will TRB Crypto Reach $1000?
In order for TRB to reach $1000, it would need to increase by a factor of 29.4. At $1000, TRB’s Market Cap will be $1.7 Billion. If TRB were to grow at a rate of 25% each year, it would take about 15 years to reach $1000. Let us evaluate this data
- Quality of Investment: Good
- Growth required to reach $1000: Feasible
- Market Cap at $1000: Partially Feasible
- Time required to reach $1000 if TRB were to rise at 25% per annum: Partially Feasible
Considering the criteria of quality of Investment, growth required, and time required, TRB has a moderate chance of reaching $1000.
TRB Coin Price Prediction Today: Where to buy TRB crypto?
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.