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(TRB) is a decentralized oracle protocol that enables smart contracts to securely access off-chain data. Its native token, TRB (also known as “Tributes”), is used to incentivize data reporters (miners) to submit accurate information and participate in the network’s governance. The protocol employs a proof-of-work (PoW) mechanism, where miners compete to solve challenges and provide data, earning TRB tokens as rewards. To ensure data integrity, miners must stake TRB tokens, which can be slashed if they submit incorrect data .
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🔍 Current Market Overview (as of May 3, 2025)
Current Price: $30.02 USD
24h Range: $29.98 – $31.17
Market Cap: Approximately $80 million
Circulating Supply: ~2.66 million TRB
24h Trading Volume: ~$14.43 million
TRB is actively traded on major exchanges like Binance, with the TRB/USDT pair being particularly popular
📈 Price Predictions for 2025 and Beyond
Analysts offer varied forecasts for TRB's future price, reflecting differing methodologies and market sentiments:
Changelly: Predicts a modest increase to around $31.64 by May 2025, indicating a neutral to slightly bullish sentiment .
CoinEdition: Estimates an average price of $88.42 in 2025, with potential highs reaching $104.59, suggesting significant upside potential .
BitcoinWisdom: Projects TRB to trade between $61.14 and $76.43 in 2025, with an average around $67.26 .
DigitalCoinPrice: Forecasts a steady climb, with TRB potentially reaching $139.96 by 2029 and up to $220.77 by 2031
📊 Technical Indicators
Recent technical analyses indicate mixed signals:
Short-Term Moving Averages: Suggest a bullish trend, with TRB trading above its 3-day to 50-day simple moving averages.
Long-Term Moving Averages: Indicate a bearish outlook, as TRB remains below its 100-day and 200-day moving averages .
Relative Strength Index (RSI): Currently in a neutral zone, not indicating overbought or oversold conditions.
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