I have sorted out the reasons why TRB has skyrocketed in recent days.
The main points of this post are:
- The article was written by LD Capital (an investment institution focusing on the blockchain field), analyzing the short-term funding situation of TRB (Tellor), a decentralized oracle project.
- The article believes that TRB is currently in an undervalued state and is expected to rise sharply in the coming months.
- The article supports this view based on the following aspects:
- TRB's market value is lower than other oracle projects (such as Chainlink, Band Protocol, etc.), but its technological advantages and ecological development are not inferior.
- TRB has a small circulation and most of it is locked by long-term holders, resulting in tight market supply.
- TRB’s transaction volume and number of active addresses have shown an upward trend recently, indicating an increase in its market demand.
- TRB's community activity and brand influence continue to increase, attracting more attention and support.
- The article concludes with a short-term target price of $100 for TRB and suggests that investors buy at low levels in order to achieve high returns.
Content reference
m.odaily.news/post/5189357
