How Tellor made a splash in the bear market
AMBCrypto
18 Sep 2023 3:30 AM
Tellor's remarkable price surge sparks questions about whale involvement and its impact on market dynamics and sentiment....
- TRB experienced a 360% price surge in a month marked by bearish trends in the crypto market.
- A whale accumulated 540,777 TRB tokens, representing 22% of the total supply.
- The whale also made large withdrawals and deposits, adding to the intrigue surrounding TRB's price surge.
- Social media activity around TRB increased significantly, contributing to excitement and speculation.
- The surge in price and hype raised concerns about potential volatility and panic selling.
- Despite the price activity, Tellor's core protocol development remained focused.
- Readers are advised to proceed with caution.
The article discusses a significant price surge in TRB and the suspicion of whale accumulation. It highlights the increased social media activity and excitement around TRB, but also raises concerns about potential volatility and panic selling. Overall, the sentiment is a mix of excitement and caution.
You May Ask
What was the percentage increase in TRB's price in the past month?How much TRB did the whale accumulate and what percentage of the total supply does it represent?What actions did the whale take in terms of withdrawals and deposits?How did social media activity and engagement change during the price surge?What milestone did the Tellor Layer announcement mark for the project?