Gate News Bot news, on November 18, according to CoinMarketCap data, as of the time of writing, TRB (Tellor) is currently reported at $24.96, a fall of 5.77% in the last 24 hours, with a high of $32.44 and a low of $23.22. The 24-hour volume reached $42.7 million. The current market capitalization is approximately $68.2 million, a decrease of about $4.1722 million compared to yesterday. Tellor is a decentralized oracle protocol that provides secure, censorship-resistant data creation and distribution services for blockchain applications. It differs from traditional middleware oracles by serving as a benchmark source of real data. Tellor allows users to define or create custom data types to meet unique data request needs. The protocol is completely permissionless, allowing anyone to participate as a validator, reporter, or user.

According to ChainCatcher news and Binance Spot data, the market has experienced significant fluctuations. DASH has risen by 40.82% and is in a "bottom fishing recovery" state. At the same time, FET, PIVX, RLC, ROSE, and TRB have all shown a "high to low retreat" state, with declines of 5.67%, 8.17%, 8.9%, 5.56%, and 8.75%, respectively. Other tokens such as LPT also performed well, rising by 7.64% and 8.52%, and likewise showing a "bottom fishing recovery" state.

According to ChainCatcher news, Binance Spot data shows that the market has experienced significant fluctuations. KERNEL surged by 37.37% within 5 minutes, while HBAR's 24-hour increase reached 20.53%, hitting a new high for the day. Meanwhile, TRB, ZEN, KDA, and NFP all showed a "high pullback" state, with respective declines of 6.92%, 12.02%, 7.99%, and 9.5%. LTC also reached a new high for the day, with an increase of 6.19%. Other tokens like TST experienced a bottom rebound, with an increase of 5.01%.

According to a report by Golden Finance, market data shows that as of the time of writing, TRB (Tellor Tributes) is currently priced at 54.14 USD, with a 24-hour rise of 69.2%. The market is experiencing significant fluctuations, so please ensure proper risk control. According to Coinglass data, TRB liquidated $5.56 million in the last 4 hours, second only to BTC and ETH.

Tellor has released the Layer White Paper. This independent L1 blockchain is built using Cosmos SDK and focuses on achieving consensus on any subjective data. The chain uses staking and economic incentives to maintain tokenomics. TRB becomes the native currency of the chain, with 4,000 tokens allocated to the team each month. An equal amount of tokens will be distributed as inflation rewards to reporters and validators, allocated based on a time-based reward ratio.