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OriginTrail ATH supported by strong fundamentals 

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OriginTrail has been on a bullish roll since September; however, the uptrend was highly volatile. The bullish momentum for the coin has strengthened as it exploded during the daily timeframe with a price surge of 126%. The cryptocurrency established a new all-time high of $3.87; however, the current price has tumbled downwards from the ATH significantly – standing at $2.58. The cryptocurrency is currently trending with its daily trading volume at 6,371%. TRAC coin stands at a market rank of 112 in terms of capitalization. 

Strong fundamentals & favourable conditions

OriginTrail’s bullish strength can be attributed towards the strong fundamentals the project carries. It is the world’s first decentralized Knowledge Graph. Knowledge Graphs allow various agents on a network to connect seamlessly and share data and more. This is the technology that is currently powering behemoth tech firms like Google. OriginTrail has taken the game to the next level by introducing a decentralized iteration of the technology. Through Decentralized Knowledge Graphs, the project can connect industries in the physical world with that of the digital realm – providing unlimited possibilities. 

OriginTrail’s role in the supply chain management industry has risen significantly as the industry struggles to sustain with its current mechanisms. The pandemic had disrupted supply chains all over the world and industries are still reeling from its effects. Global supply chains are having major issues with shipping, offloading, tracking and delivering products which has caused the protocol to rise in popularity. 

Amidst the hype around the token, OriginTrail has also achieved listing on Coinbase as well as Coinbase Pro which shows that the leading crypto exchange is now taking the token seriously. The combined listing on Coinbase and Coinbase Pro has also contributed positively to the growth of the token as it is now available to a much larger audience. 

OriginTrail future outlook 

The cryptocurrency had been making headway during the current year – partly benefitting from the bull run and partly from its strong fundamentals. With the provision of the world’s first decentralized Knowledge Graph, OriginTrail has somewhat cemented its place in the market. The future outlook of the token is bullish although not by all accounts. Wallet Investor projects only a meager increase to $2.845 in five years’ time but Digital Coin Price is more than optimistic for the future of the token. Per their projections, TRAC is expected to end the year with a price level of $3.51 and reach towards $7.92 by 2026. 

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