Cryptocurrency Q&A Why did TRB dump?

Why did TRB dump?

CryptoWizardry CryptoWizardry Sun Oct 20 2024 | 7 answers 1386
I noticed that TRB experienced a significant dump recently. I'm curious to understand the reasons behind this sudden decrease in value. Could it be related to market conditions, specific news or events, or perhaps a combination of factors? Why did TRB dump?

7 answers

Maria Maria Tue Oct 22 2024
The accusation stems from a report by the smart money handle, which alleges that the Tellor team deposited a significant amount of TRB tokens shortly after the price began to climb.

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Eleonora Eleonora Tue Oct 22 2024
A recent revelation has sparked controversy in the cryptocurrency world, casting doubt on the legitimacy of a token's sudden surge in value.

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CryptoWizardry CryptoWizardry Tue Oct 22 2024
The suspicion arises from the possibility that the Tellor team, responsible for the token, may have been involved in manipulating its price.

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CoinPrince CoinPrince Mon Oct 21 2024
Meanwhile, the incident highlights the importance of due diligence and careful research when investing in cryptocurrencies, as the market is still largely unregulated and prone to manipulation.

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SamsungShineBrightnessRadiance SamsungShineBrightnessRadiance Mon Oct 21 2024
This action, if true, would suggest that the team had prior knowledge of the price increase and may have artificially inflated it for their own gain.

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