So I did my analysis and research for $TRB..
For the bull run to begin, we expect bitcoin to range.... by then,ALTS will have the opportunity to moon
$TRB with a. Current price of $22.6
Market Cap- $36.16M
Circulating Supply-1.61M
Total supply-1.68M
What really attracted me to Tellor was the total supply, a total and circulating supply of under 2M is a good option
Now imagine Tellor price hits $100, meaning it's market cap will still be around $161M
Compared to other oracle protocol, chainlink for example with a Market Cap of about $6B
Meaning$TRB at $1000 is very feasible, the Market cap will be about $1.6B, still very realistic.
Looking at the total supply, now imagine when the total supply gets exhausted, demand will exceed supply, exactly in the scenerio of YFI with a total supply of 30,000, we can see the positive impact on price.
Now imagine the 1.69M total supply gets exhausted, demand will exceed supply, and according to economics, that's has a positive effect on the price of TELLOR.
Personally, I believe TELLOR could hit $100 by 2021, that's about 5×
$1,000 is very feasible
In essence, what I'm trying to say is, $TRB is a very good hold for 2021 as soon as the bull run begins.
I off my mic here
©️ *CANDIE*