Why investors are so keen on TRAC crypto

3 min read | November 03, 2021 04:11 AM PDT | By Manu Shankar

Highlights 

  • OriginTrail (TRAC) is perhaps one of the world’s unique Decentralized Knowledge Graph, that not only organises the assets but also makes discoverable and verifiable.
  • OriginTrail has been gaining momentum ever since it was listed on Coinbase exchange on 2 November.
  • According to CoinMarketCap, the TRAC is trading at US $2.47 with a 24-hour trading volume of US $26,49,75,750.

OriginTrail (TRAC) is perhaps one of the world’s unique Decentralized Knowledge Graph, that not only organises the assets but also makes discoverable and verifiable. It acts as a middle path connecting the physical world (art, healthcare, fashion etc.) to the digital world such as blockchain, smart contracts, Metaverse etc. to make it a single connected reality.

Operating on the Ethereum protocol, the advanced knowledge graph technology is used by leading companies such as Walmart, Google and Facebook. Multi-chain technology strategy by connecting to Ethereum, Polygon, xDai, Polkadot as it balances other blockchain projects as well.

Also read: Why is Loopring Token grabbing eyeballs?

OriginTrail has been gaining momentum ever since it was listed on Coinbase exchange on 2 November. The listing has brought immense interest from the market participants who now believe that there is real potential in the token.

What makes OriginTrail so unique?

Being permissionless in nature, the OriginTrail runs on 1000+ nodes, thereby enabling data discovery, connectivity, and immutability. Despite the assets discoverable, verifiable and valuable, it protects the data at all times as the users can be rest assured that their data will not be compromised at any cost.

Why investors are so keen on OriginTrail (TRAC) Crypto?

Being a scalable and efficient network, it can support all critical global standards to ensure interoperability and increase more value addition from siloed data.

Also read: What makes AirSwap (AST) an ideal crypto investment?

As it is backed by leading companies around the world, its integrity and the trust worthiness are maintained at all cost and companies and users can develop an efficient trust factor in the token.

Performance of OriginTrail token

TRAC is ranked 114 on CoinMarketCap. According to CoinMarketCap, the TRAC is trading at US $2.47 with a 24-hour trading volume of US $26,49,75,750. At the time of writing (BST 8:37 am), TRAC has a live market cap of US $88,41,37,711 and has been up by 111.62% past 24-hour period. TRAC has a circulating supply of 35,85,80,983 TRAC coins.

Conclusion

OriginTrail present the users a unique opportunity to invest in a token that provides a global network of nodes, and which is adopted by leading global organizations. With its unique protocol it is able to bring trillions of assets into the metaverse. With a structured, linked, persistent and understandable, the transition from physical to digital is a seamless process.

As the end-to-end information is shared on a decentralized knowledge graph network, it has a high security value to its protocol.


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