The world of cryptocurrency is dynamic, with prices fluctuating constantly. Tellor Tributes (TRB) is one such digital asset that has captured the attention of investors and traders. This article provides a detailed look at the current TRB price, its market statistics, historical performance, and key metrics to help you stay informed.
Current TRB Price and Performance
As of the latest data, the price of Tellor Tributes (TRB) is $34.91. Over the past 24 hours, the price has decreased by 3.26%, with a slight hourly change of 0.56%. For a broader perspective, the token has seen a decline of 7.47% over the last week and a more significant drop of 14.51% in the past month.
Real-Time Market Update
The 24-hour trading volume for TRB stands at $24,241,116, indicating active market participation. During this period, the price fluctuated between a low of $33.83 and a high of $36.34. It's worth noting that the all-time high for Tellor Tributes was $593.09, recorded on December 31, 2023. Conversely, the all-time low was $0.0100138, reached on November 1, 2019.
Market Ranking and Capitalization Metrics
Tellor Tributes currently holds the #460 position in market ranking. Its market capitalization is $93,770,217, reflecting a decrease of 3.41% over the last day. The fully diluted valuation, which estimates the market cap if all tokens were in circulation, is $96,390,350.
Supply Statistics
The circulating supply of TRB is 2,686,545 tokens, while the total supply is slightly higher at 2,761,612 tokens. There is no specified maximum supply for Tellor Tributes, which is common in some cryptocurrency ecosystems.
Historical Price Changes and Trends
Analyzing historical data provides context for current performance. Over the past year, TRB has experienced a price decline of 62.86%. The last 30 days saw a decrease of 14.51%, and the 200-day change stands at -54.57%. These metrics are updated every minute to ensure accuracy and real-time insights.
Key Price Statistics
| Metric | Value |
|---|---|
| Tellor Tributes Price | $34.91 |
| 24h Price Change | -3.26% |
| 7d Price Change | -7.47% |
| 24h Trading Volume | $24,241,116 |
| 24h Low | $33.83 |
| 24h High | $36.34 |
Market Capitalization Details
| Metric | Value |
|---|---|
| Market Cap Rank | #460 |
| Market Cap | $93,770,217 (-3.41%) |
| Fully Diluted Valuation | $96,390,350 |
Historical Price Highlights
| Metric | Value |
|---|---|
| All-Time High (Dec 31, 2023) | $593.09 (-94.11%) |
| All-Time Low (Nov 1, 2019) | $0.0100138 (+348,669.05%) |
Token Supply Overview
| Metric | Value |
|---|---|
| Circulating Supply | 2,686,545 TRB |
| Max Supply | Not specified |
| Total Supply | 2,761,612 TRB |
Understanding Tellor Tributes and Its Market Role
Tellor Tributes is a cryptocurrency that operates within the broader decentralized finance (DeFi) ecosystem. It is designed to provide a decentralized oracle solution, allowing smart contracts to securely access external data. This functionality is crucial for many blockchain applications that rely on real-world information.
Price movements in TRB are influenced by various factors, including overall market sentiment, developments within the Tellor ecosystem, and broader trends in the cryptocurrency space. Traders and investors often monitor these metrics to make informed decisions.
For those looking to dive deeper into cryptocurrency trading and market analysis, explore more strategies that can enhance your understanding and approach.
Frequently Asked Questions
What is Tellor Tributes (TRB)?
Tellor Tributes is a cryptocurrency token that powers a decentralized oracle network. Oracles are essential for providing external data to blockchain-based smart contracts, enabling them to execute based on real-world information.
How often is the TRB price updated?
The price and market statistics for Tellor Tributes are updated every minute. This ensures that investors and traders have access to the most current data for making informed market decisions.
What was the highest price ever reached by TRB?
The all-time high for Tellor Tributes was $593.09, achieved on December 31, 2023. This represents the highest price point the token has reached since its inception.
Where can I track TRB price changes in real-time?
Many cryptocurrency exchanges and market data websites provide real-time price tracking for TRB. These platforms offer charts, historical data, and technical analysis tools to monitor performance.
What factors influence the price of TRB?
The price of TRB is influenced by general market trends, developments and updates from the Tellor project, overall demand for oracle services, and broader economic factors affecting the cryptocurrency market.
Is Tellor Tributes a good investment?
Investment decisions should be based on thorough research and individual risk tolerance. While TRB plays a key role in the oracle space, its price has shown volatility. It is important to analyze market trends and project fundamentals before investing.