Tellor (TRB) Trading 2.4% Higher This Week

Tellor (TRB) traded up 3.9% against the U.S. dollar during the 1 day period ending at 23:00 PM E.T. on May 26th. One Tellor token can now be bought for approximately $12.60 or 0.00047117 BTC on popular exchanges. Tellor has a total market capitalization of $30.14 million and $2.20 million worth of Tellor was traded on exchanges in the last day. During the last week, Tellor has traded 2.4% higher against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded up 2.5% against the dollar and now trades at $0.35 or 0.00001292 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded 0% higher against the dollar and now trades at $0.0017 or 0.00000006 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.3% higher against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded 7.3% lower against the dollar and now trades at $0.0147 or 0.00000055 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 2.2% against the dollar and now trades at $0.0088 or 0.00000033 BTC.

Tellor Token Profile

Tellor’s genesis date was August 1st, 2019. Tellor’s total supply is 2,441,539 tokens and its circulating supply is 2,392,565 tokens. The official message board for Tellor is tellor.io/blog. The official website for Tellor is tellor.io. The Reddit community for Tellor is https://reddit.com/r/tellorofficial/ and the currency’s Github account can be viewed here. Tellor’s official Twitter account is @wearetellor and its Facebook page is accessible here.

According to CryptoCompare, “Tellor is a decentralized oracle system where miners compete to add data points to an on-chain data bank. The system uses a native token called “Tributes” (TRB) to incentivize miners to submit data through base rewards and tips assigned to each query. Miners are required to provide proof of work (PoW) solutions to validate data updates, and a deposit of TRB acts as a bond or stake requirement for miners to participate in the PoW. TRB is also used for governing valid data through disputes and for system upgrades proposed and voted on by token holders. The total supply of TRB is determined by usage and mining rates, with 50% of tips going to miners and 50% being burned each block.”

Tellor Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Tellor directly using US dollars. Investors seeking to trade Tellor should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tellor using one of the exchanges listed above.

TRB/USD price chart by TradingView