OriginTrail (TRAC)What's OriginTrail price? How much potential does it have? How to buy OriginTrail? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover cryptos in the same category. And see how TRAC compares to Bitcoin based on its performance!
(Price data last updated about 1 hour ago)
Data last updated about 1 hour agoTRAC All Time Low/High: €0.00344653 (+9278%) / €3.02 (-89%)
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Compare TRAC and BTC performance
How popular is OriginTrail cryptocurrency?OriginTrail ranks 236th among all cryptocurrencies. It has a market cap of €128356340. The total trading volume within the last 24 hours was €1241430.
How much potential does it have?How much can OriginTrail grow? It's hard to say how much potential this cryptocurrency has exactly, but based on its circulating supply (382,798,499), it can theoretically grow at least 4122x before it would become more popular than Bitcoin. This means that based on TRAC maximum potential it could reach €1332.17 before it would have to overtake Bitcoin.
How to buy OriginTrail?The easiest way to buy TRAC is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find this cryptocurrency in a number of exchanges these days. Currently there should be the very minimum of 12 OriginTrail exchanges available.
Where can you buy it?TRAC should be listed in these exchanges:
Where can I find more information about OriginTrail?You can find more information about it through the crypto homepage and social media pages brought out on top of this page. And we always recommend you to do further research about the crypto yourself as well.
When was TRAC created?According to our information TRAC was created 24th January 2018.
What is OriginTrail?OriginTrail provides a helpful protocol solution to the problem of maintaining trust among all players involved in bringing a product to market by making the “chain” in “supply chain” more literal. Using blockchain technology, OriginTrail can append immutable data to products as they take each step along the supply route. Thus, each participant not only verifies that their conditions are being met but that at every previous stage, the right conditions were also met by everyone else. This is achieved by making an application layer that allows data to be collected in the real world, and then stored on the blockchain. OriginTrail started out by testing their tracking with organic beef products in 2014, and they are still mostly involved in the tracking of food products in general. It wasn’t until 2016 that they introduced a blockchain into their system.
In January 2018, they raised US$22.5 million in their ICO. Since their ICO they’ve successfully launched their testnet, implemented privacy features, and achieved compliance with the GS1 standards that are integral to their business model. Their roadmap is robust and full of details, citing certifications with international bodies, alliances with companies, and entering new markets. Their mainnet is scheduled for launch in Q3 2018, and thereafter they appear to be on track to having all their services fully operational by 2020.
OriginTrail is not the first or only company to recognize that supply chains could benefit a great deal from blockchain technology. Ambrosus is also going for the same market, though they seem to be focused on food and pharmaceuticals specifically. It should be noted that most supply chains have their own specific quirks, and so specialization might be be a good option. Another potential competitor of OriginTrail is Waltonchain, a company based in China that puts heavy emphasis on RFID chip scanning as part of their business model. In other words, where OriginTrail wants to leverage existing systems for their infrastructure, Waltonchain wants to try and establish new standards and methods. OriginTrail’s token is called TRAC, and it’s an ERC-20 token, making it storable on any ERC-20 compatible wallet. The total supply is capped at 500 million tokens. The value in TRACE tokens comes from their utility on the OriginTrail network. Tokens are spent to store, retrieve, and send data about supply chains. Since TRACE can be bought and sold in a speculative market, that creates the potential for the price to go up, which would be counter to the needs of people on the network looking for stable prices for setting and getting data. However, prices for data saving and retrieval will be determined by auction, which should counter increasing token value for those using OriginTrail as a service.
The Internet of Things is a topic that gets a lot of press, and the general consensus is that it will be standard practice in the future for almost everything in the world to be tracked and traced for a wide variety of purposes. OriginTrail is one company that is demonstrating a concrete plan for exactly how that will be manifest. There really isn’t much to criticize in terms of the overall intention of the project. OriginTrail has identified a weak point in the very important world of supply chain management, that of reliable transfer of information all the way up and down the chain, and aims to provide a workable and clearly understood solution.
|Market Cap: €128356340||Rank: #236||Volume: €1241430|
OriginTrail (TRAC) live price chart
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How big was OriginTrail coin volume within the last 24h?
OriginTrail (TRAC) last recorded volume was € 1241430.
How much has OriginTrail price changed during one year?
TRAC price has changed during the last year -52.96 %.
Is TRAC coin close to its All Time High price?
TRAC all time high price (ath) is €3.02. Its current price is €0.323213. This means that the difference between OriginTrail (TRAC) All Time High price and TRAC current price is -89%.
What is the maximum price OriginTrail (TRAC) could VERY theoretically reach?
TRAC has a current circulating supply of 382,798,499. Based on our calculation TRAC could reach up to €1332.17 before it would have to overtake Bitcoin. So in theory the potential for growth is 4122x its current value (€0.323213). However, keep in mind that the coin's actual potential is based on the value it provides to the user. So this is just a logical maximum potential price calculation for OriginTrail and in no way is it a prediction of any kind, far from it.
Where can you buy OriginTrail?
OriginTrail is currently listed on at least these crypto exchanges: Coinbase Exchange, Uniswap (v3), KuCoin, Huobi, Bancor (V2), CoinEx, Uniswap (v2), BitMart, Bittrex, Bancor (V3), HitBTC and possibly some others.