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Tellor Price

(TRB)

THB(฿)

Note: This cryptocurrency has not yet been officially listed on KuCoin Thailand.

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Tellor (TRB) Live Price Chart

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    TRB(TRB) Profile

    altRank416
    rateB
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    ATH
    ฿19,909.77
    Price Change (1h)
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    Price Change (24h)
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    Price Change (7d)
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    Market Cap
    24h Volume
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    Circulating Supply
    2,800,663
    Max Supply
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    About Tellor

    • What Is Tellor Tributes (TRB) Crypto?

      Tellor Tributes (TRB) is the native token of the Tellor Oracle Protocol, a decentralized system that provides reliable data feeds to blockchain-based applications. By acting as an oracle network on the Ethereum blockchain, it facilitates the retrieval of real-world information, including prices and weather data, for decentralized applications (dApps) and smart contracts.

      One of the key functions of TRB tokens is to incentivize miners to supply accurate data, ensuring the integrity and security of the data oracle system. Miners compete on the Tellor network to submit precise information, and TRB tokens serve as a reward for honest data providers while penalizing those who submit incorrect data. This mechanism guarantees the reliability and accuracy of the data provided by the Tellor Oracle.

      The Tellor Oracle Network operates through a network of staked reporters who fetch, verify, and supply off-chain data to smart contracts on the Ethereum blockchain. This capability empowers dApps that rely on real-world information to function effectively.

    • How Does Tellor Oracle Network Work?

      The Tellor Oracle Network is an advanced decentralized oracle system that provides reliable off-chain data to smart contracts on the Ethereum blockchain. Discover how this groundbreaking network operates for seamless data integration:

      Staked Reporters

      In the Tellor Oracle Network, a network of staked reporters takes on the critical role of fetching and verifying real-world data. These reporters actively participate by staking TRB, the native cryptocurrency of Tellor, to join the network.

      Data Requests

      Users or smart contracts submit requests to the Tellor Oracle Network to access specific data. These requests include the desired data and a reward in TRB tokens, incentivizing reporters to provide the information.

      Data Reporting

      Competing to fulfill the requests, reporters fetch the required data from diverse sources and submit it to the network. The system aggregates the data and employs a consensus mechanism to ensure accuracy. Penalties are imposed on malicious or inaccurate data submissions, maintaining the network's reliability.

      Data Verification

      The staked reporters engage in voting and consensus to verify the accuracy of the data. This robust verification process ensures that only reliable information is included in the final data set.

      On-chain Data

      Once verified, the data is made accessible on the Ethereum blockchain. This enables dApps to securely access real-world information like price feeds, weather data, or sports scores in a trustless manner.

      TRB Rewards

      Reporters who consistently provide accurate data are rewarded with TRB tokens, reinforcing the integrity of the network. Conversely, penalties discourage the submission of incorrect data, ensuring the network's high standard.

    • History of Tellor Network and TRB Coin

      Tellor, founded in 2019, emerged to address challenges related to existing oracles in the blockchain space. It was established by a team of innovative minds, including Brenda Loya, Nick Fett, and Michael Zemrose. The project was created to enhance data reliability and decentralization in blockchain applications.

      Tellor’s Founders

      > Brenda Loya serves as the CEO of Tellor and brings her expertise in blockchain technology, data science, and scalability to the project.

      > Nick Fett, another co-founder, plays a key role in the development and progress of Tellor.

      > Michael Zemrose, as the Chief Strategy Officer (CSO), contributes his business development experience.

      Since its inception, Tellor has garnered significant attention and support from the investor community. Notable investors, including Binance Labs, Makers, and Consensys Grants, have contributed to their funding rounds, totaling approximately $400,000. These investments attest to the confidence placed in Tellor's vision.

    FAQ

    Is Tellor (TRB) a Good Investment?

    Investing in Tellor (TRB) can be a strategic move based on the following factors:

    Use Case of Tellor Network

    Tellor functions as a decentralized oracle network, playing a vital role in providing reliable real-world data to smart contracts. This aspect makes TRB a potentially attractive investment, considering the increasing demand for trustworthy oracles in the blockchain ecosystem.

    Crypto Portfolio Diversification

    Adding TRB to your cryptocurrency portfolio can be an intriguing choice, particularly if you believe in the potential of the web3 sector and decentralized oracles. Investing in Tellor allows for portfolio diversification, as it introduces exposure to oracle networks within the crypto space.

    Crypto Market Trends

    Monitoring the trends in the crypto market is crucial. A growing interest from investors in projects related to dApps, smart contracts, and on-chain applications can significantly boost the appeal of Tellor and contribute to the value of the TRB token.

    What Is Tellor Price Prediction?

    While it is impossible to provide an exact TRB price prediction, analyzing the following factors can help gauge Tellor cryptocurrency's price trends:

    Long-term Potential of Tellor Network

    Examining the long-term potential of Tellor as a blockchain project and its role within the broader decentralized finance (DeFi) ecosystem can attract investors with a long-term perspective. A positive outlook for Tellor's growth may contribute to an increase in the TRB to USD price.

    Level of Adoption of TRB

    The value of TRB is closely tied to its utility as the native token of the Tellor network. The adoption of TRB by dApps and the demand for oracle services can significantly impact its price and market performance.

    Crypto Market Sentiment

    Cryptocurrency markets are intricately interconnected. Broad market trends, including the performance of Bitcoin, regulatory developments, and overall market sentiment, can influence the price of TRB and other cryptocurrencies.

    How to Use TRB Token

    $TRB, the native token of the Tellor network, offers a range of versatile applications:

    Data Oracle Services

    TRB tokens incentivize a network of staked miners, known as "Tributes," to provide precise real-world data to smart contracts on blockchain platforms like Ethereum. These miners actively compete to submit data and, in return, earn TRB rewards, thus ensuring the dependability of off-chain data sources.

    Security and Decentralization

    Miners stake TRB tokens as collateral when participating in the Tellor network. This collateralization mechanism enhances security and decentralization, as miners have a financial interest in delivering accurate data.

    Decentralized Governance of Tellor Network

    TRB holders can engage in governance decisions concerning the Tellor network. They possess the authority to vote on proposals and modifications to the protocol, thereby contributing to the platform's future development.

    Off-chain Payment Agreements

    TRB tokens can also be employed for off-chain payment agreements, bolstering their utility and flexibility.

    Trade and HODL TRB

    On the KuCoin Spot Market, you can trade Tellor tokens against various cryptocurrencies, capitalizing on market fluctuations. Whether you decide to buy, sell, or hold TRB for the long term, it's crucial to conduct thorough research, evaluate your risk tolerance, and consider a diversified investment strategy before engaging in TRB trading.

    How to Earn on Tellor

    Discover the various avenues to earn TRB on the Tellor network:

    Mining TRB

    Engage in data mining on the Tellor network by mining TRB tokens. Miners, often called "Tributes," compete to provide precise real-world data to smart contracts. In return for their diligent work, miners receive TRB rewards, serving as a powerful incentive.

    Becoming a Data Provider

    If you have access to reliable real-world data sources, you can become a valuable data provider on the Tellor network. Your contribution to the network by supplying accurate data is compensated with TRB tokens.

    Participating in Tellor’s Governance

    TRB holders hold the key to network governance. Your ownership of TRB allows you to actively participate in decision-making, including voting on proposals and protocol changes. Your involvement can influence the future direction of the Tellor network and could earn you governance rewards.

    Investing in TRB

    Consider holding TRB tokens as an investment. The potential for profits exists if the TRB token price appreciates over time. However, it's essential to be aware of the associated market risks and conduct thorough research before investing.

    How to Mine TRB Coin on Tellor

    Are you interested in mining Tellor Tributes (TRB) coins on the Tellor network? Here's a comprehensive guide to get you started:

    1. Begin by purchasing TRB from reputable platforms like KuCoin or other supported exchanges.

    2. Establish a mining node and ensure it's equipped with mining software compatible with TRB mining.

    3. Connect your mining node to the Tellor network and ensure it's synchronized with the latest blockchain data for optimal performance.

    4. As a Tellor miner, your primary responsibility is to retrieve and verify real-world data points. This may involve providing data such as cryptocurrency prices or weather information as requested by data requesters.

    5. Miners on Tellor compete to deliver the most accurate and timely data. Those who successfully provide valid data points are rewarded with TRB tokens.

    6. Maintain your mining node to ensure it operates efficiently and contributes to the network's reliability. Regular maintenance and software updates may be necessary.

    7. Your efforts as a miner will be rewarded with TRB tokens. These rewards can be collected and used as you see fit.

    8. Keep yourself updated about the Tellor network's activities, any changes in mining requirements, and updates in reward structures.

    What Blockchains Does Tellor Support?

    Tellor supports a range of prominent blockchain networks, providing reliable and decentralized data services. As of the latest updates, here are the blockchains that Tellor operates on Ethereum, Polygon, Gnosis Chain, Optimism, Arbitrum, and Filecoin FVM.

    In addition to these major blockchains, Tellor operates on several testnets, including Sepolia, Goerli, Mumbai, Chiado, Optimism Goerli, Arbitrum Goerli, and Filecoin Calibration.

    What is the all-time high price of Tellor (TRB)?

    The all-time high price of Tellor (TRB) is ฿19,909.77. The current price of TRB is down -- from its all-time high.

    How much Tellor (TRB) is there in circulation?

    As of 8 8, 2026, there is currently 2,800,663 TRB in circulation. TRB has a maximum supply of --.

    How do I store Tellor (TRB)?

    You can store your Tellor in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your TRB include using a self-custody wallet (on a web browser, mobile device, or desktop), a hardware wallet, a third-party crypto custody service, or a paper wallet.