Tellor Price Hits $11.33 on Top Exchanges (TRB)

Tellor (TRB) traded 1.6% higher against the U.S. dollar during the 24-hour period ending at 12:00 PM Eastern on November 24th. In the last week, Tellor has traded down 2.7% against the U.S. dollar. Tellor has a market cap of $25.71 million and $4.96 million worth of Tellor was traded on exchanges in the last 24 hours. One Tellor token can currently be purchased for $11.33 or 0.00068142 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

  • KILT Protocol (KILT) traded down 0.1% against the dollar and now trades at $0.42 or 0.00002549 BTC.
  • Aidi Finance (BSC) (AIDI) traded 4.9% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 4.2% against the dollar and now trades at $0.0455 or 0.00000274 BTC.
  • CareCoin (CARES) traded up 4.2% against the dollar and now trades at $0.0565 or 0.00000340 BTC.
  • OmniaVerse (OMNIA) traded up 2.3% against the dollar and now trades at $0.0012 or 0.00000007 BTC.
  • 2G Carbon Coin (2GCC) traded down 0.7% against the dollar and now trades at $1,415.08 or 0.08521963 BTC.
  • Kitty Inu (KITTY) traded up 4.2% against the dollar and now trades at $80.07 or 0.00482210 BTC.
  • Lunar (LNR) traded up 19.4% against the dollar and now trades at $0.0609 or 0.00000367 BTC.
  • Hokkaidu Inu (HOKK) traded up 25.2% against the dollar and now trades at $0.0004 or 0.00000003 BTC.
  • QANplatform (QANX) traded 4.2% higher against the dollar and now trades at $4,912.69 or 0.29585556 BTC.

Tellor Profile

Tellor was first traded on August 1st, 2019. Tellor’s total supply is 2,406,596 tokens and its circulating supply is 2,269,010 tokens. Tellor’s official Twitter account is @wearetellor and its Facebook page is accessible here. The Reddit community for Tellor is https://reddit.com/r/tellorofficial/ and the currency’s Github account can be viewed here. The official message board for Tellor is tellor.io/blog. The official website for Tellor is tellor.io.

According to CryptoCompare, “Tellor is an oracle system where miners compete to add data points to an on-chain data bank. Aiming to create a properly incentivized system, Tellor mints a native token, “Tributes” (TRB). Miners are incentivized to submit data using inflationary rewards, and which data types they update are chosen based upon the “tips” assigned to each query. Parties holding TRB can add a “tip” to a specific data type they want updated, then every 5 minutes the Tellor smart contract groups the top five most funded data types and creates a PoW challenge for miners to solve.The first five miners to provide the PoW solution and the five off-chain data points are rewarded with newly minted tokens + the accumulated tips for the specific data requests. In addition to the security provided by the PoW process, our main layer of security comes through a deposit of TRB that acts as a bond or stake requirement in order for miners to participate in the PoW. The miners risk losing this stake if they submit data that is successfully disputed by TRB holders.Tellor Tributes (TRB) are the native tokens of the Tellor. They are used to incentivize miners to provide data through base rewards and tips via user requests. They are used for governing valid data through disputes, and for system upgrades proposed and voted on by token holders.In the Tellor system, 50% of tips go to miners (⅕ to each selected miner) and 50% of the tips are burned each block. The total supply of Tellor is determined by usage and mining rates. For the maximum supply, Tellor’s supply will grow at the rate of the base reward * 288 queries per day.”

Tellor Token Trading

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

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