$TRB $BTC $ETH The total supply of this coin is 2.55 million, with a circulating supply of 2.49 million, almost fully circulated. In terms of token utility, previous project requirements asked miners to stake 1,000 TRB for mining, which enhanced the practical use of TRB.

Is TRB going to perform today? It has risen again.

Core Functions

The core function of TRB is to serve as a bridge between blockchain and real-world data, providing reliable external data sources for smart contracts. This helps smart contracts make more informed, data-driven decisions.

Market Background and Development

TRB is supported by well-known entities such as Binance and has also received investment from MakerDAO. Some market observers express concerns about the concentration of specific addresses holding TRB, especially the high proportion held by Binance.

Market Analysis and Outlook

Compared to leading oracle projects like Chainlink (LINK) and Band Protocol, there is a significant gap in market capitalization for TRB, but this also means greater growth potential in the industry's blue ocean market.

Under the combined effects of giant whale manipulation, team sell-offs, and excessive leverage, this 'demon coin' TRB completed its first wave of 'harvesting' in the new year.

On New Year's Eve, TRB's price soared from $268.88 after four consecutive months of increase to $593.09 at 6:15 AM the next morning, an astonishing rise of 120.5%. However, after successfully attracting market attention, the price plummeted dramatically within the next hour, dropping to a low of $143.69 in just six hours, a staggering decline of 312.75%.

This extreme price volatility directly caused the contract market to experience a phenomenon of 'long and short explosions.' Data shows that within the 24 hours before 8 AM on January 1, the total liquidation amount of TRB futures contracts reached an astonishing $73.1 million, with short liquidations amounting to $44.49 million and long liquidations to $28.61 million. This data accurately reflects the massive losses investors suffered during this volatility.

There are market voices pointing out that TRB's maximum supply is controlled by a few individuals. According to on-chain analysis tools, out of 2.5 million circulating TRB, about 1.7 million are on exchanges, while another 660,000 are held by 20 'whales'.

Some savvy investors began building positions as early as August 2023 when TRB's price started rising. At that time, the crypto asset investment and service firm LD Capital noted TRB's on-chain accumulation in a report. This led some investors to point fingers at LD as the controller, triggering a public response from one of the firm's partners, who even offered $10 million for evidence to clarify this accusation.

Before TRB's crash, on-chain analysts observed abnormal trading behaviors from the Tellor Tributes team. They found that on January 1, the team deposited 4,211 TRB into the well-known centralized exchange Coinbase. Just two days prior, the team had transferred 7,000 TRB to Coinbase while TRB's price was continuously rising.

In the illiquid TRB market, excessively leveraged trading positions have undoubtedly exacerbated the drastic price fluctuations. According to traders, TRB's daily contract trading volume exceeds $500 million, indicating a significant presence of speculative trading in the market.

Conclusion

In summary, TRB plays an important role in the market as a decentralized oracle protocol. However, the strong manipulation by large players is evident, so don't think about going short during a surge, and don't think about going long; contracts are not recommended. Spot trading is okay if you let the large players guide you to some profits! They deceive you to get on board during the day, then secretly cut you at night; the rise is real, and every time they pump it feels good! Only those who are bold and meticulous dare to play.

Still, the same saying, bulls have their strategies, bears have their gameplay.

If you want to eat meat, look for Brother Feng; he won't lead fans to blow up the boat, nor will he blindly open Dan.

#比特币2025大会 #币安Alpha上新 #特朗普媒体科技集团比特币财库 #TellorTRB #Strategy增持比特币