Tellor (TRB) is underneath siege by FUD when the challenge is alleged to be pulling buyers, and the CEO of the challenge is being arrested, however is that true?
On August 30, Tellor (TRB) abruptly plunged from the $36 worth zone to only $20.68 in just some hours, or greater than 30%. On the time of writing, TRB is buying and selling at $23.38.
Such a sudden worth response has brought about the investor neighborhood to panic. Most speculated that the trigger got here from the arrest of Tellor CEO Brenda Loya. Though this has not been verified, this data instantly unfold shortly.
One half additionally asserts that TRB is pulling buyers, a challenge primarily based solely on the inflating technique of Market Makers and whales. In reality, buying and selling TRB on many various exchanges confronted many liquidity issues.
After almost 5 hours since TRB began dumping, Tellor CEO Brenda Loya formally corrected that it was all simply FUD. Accordingly, she stated that throughout the time of the above incident, the Tellor growth crew was discussing and dealing collectively to arrange for the upcoming improve of the platform. The challenge system didn’t have any issues, and everybody didn’t know why the neighborhood was speaking so “actively.”
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