OriginTrail Price (TRAC)
Explore OriginTrail
Create a Coinbase account to buy and sell OriginTrail and start your crypto journey!
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment Risk
Market stats
OriginTrail is on the decline this week. ↘
The price of OriginTrail has increased by 0.82% in the last hour and increased by 0.93% in the past 24 hours. OriginTrail’s price has also fallen by 30.89% in the past week. The current price is £0.61 per TRAC with a 24-hour trading volume of £1.80M. Currently, OriginTrail is valued at 87.72% below its all time high of £4.96. This all-time high was the highest price paid for OriginTrail since its launch.
The current circulating supply of OriginTrail is 414,995,031.602 TRAC which means that OriginTrail has as total market cap of 414,995,031.602.
Overall
£252.0M
£1.8M
415.0M TRAC
9 days
#226
£4.96
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Price change
↗ 0.82%
↗ 0.93%
↘ 30.89%
↘ 32.77%
↘ 12.7%
↗ 41.05%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
About OriginTrail
TRAC is an Ethereum token that powers OriginTrail, which describes itself as a “decentralized knowledge graph.” OriginTrail is used to discover, manage, and store data for everything from supply chain tracking to verifying art, diplomas, and business certifications. TRAC token is used to pay for data processing and storage on the network.
FAQ
OriginTrail (TRAC) is an open-source, permissionless web3 infrastructure project that combines knowledge graph and blockchain technologies to create a neutral, inclusive ecosystem. It features a multi-chain Decentralized Knowledge Graph (DKG) that operates on three blockchains: Ethereum, Polygon, and Gnosis. The OriginTrail Parachain, a layer-one blockchain component designed to work with the Polkadot relay chain, extends the DKG's capabilities. The ecosystem strives to facilitate the adoption of web3 technologies, particularly in the supply chain sector. Its tokenomics design integrates both network layers and its Uniform Asset Locators (UALs) with the aim to improve asset discoverability.
OriginTrail works by combining blockchain technology with knowledge graph technology to create a Decentralized Knowledge Graph (DKG). This DKG enables trusted data exchange across different systems and organizations. It connects semantic data entities into a network that can be searched, verified, and enriched by various applications and users. The DKG also leverages distributed ledger technology (DLT) to ensure data integrity, provenance, and immutability. OriginTrail's protocol is blockchain-agnostic, meaning it can work with any blockchain platform that supports smart contracts. Users who want to publish or query data on the DKG need to pay TRAC to node runners who provide storage and computation resources.
OriginTrail has been applied to various use cases across different industries and domains. For instance, BSI and SCAN are utilizing the OriginTrail protocol to ensure the integrity of security audits for some of the largest US importers. The protocol helps verify the compliance of suppliers with labor standards and prevent fraud. The Food Safety Market is utilizing OriginTrail and Big Data with the aim to enhance the European food certification market. The protocol enables transparent and traceable data sharing among food producers, certifiers, retailers, and consumers. Furthermore, OriginTrail is working with Polkadot to create a parachain that will enable OriginTrail’s Decentralized Knowledge Graph to interoperate with other blockchains and applications on the Polkadot network.
OriginTrail was founded by Tomaž Levak (CEO), Žiga Drev (COO), and Branimir Rakić (CTO) as a traceability platform for food products. The founders realized there was a lack of trust and interoperability in the supply chain data, which led them to develop a decentralized solution based on blockchain technology. In 2017, they launched an initial coin offering (ICO), raising $22.5 million from participants. Since then, OriginTrail has also received public funding from the European Union’s Horizon 2020 program for participating in several innovation experiments related to food safety, smart agriculture, and the circular economy.
We update our OriginTrail to GBP currency in real-time. Get the live price of OriginTrail on Coinbase.
The current market cap of OriginTrail is £252.02M. A high market cap implies that the asset is highly valued by the market.
The all-time high of OriginTrail is £4.96. This all-time high is highest price paid for OriginTrail since it was launched.
Over the last 24 hours, the trading volume of OriginTrail is £1.80M.
Assets that have a similar market cap to OriginTrail include Golem, Loopring, MAGIC, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of OriginTrail is 415 million.
The median time that Coinbase customers hold OriginTrail before selling it or sending it to another account or address is 9 days.
OriginTrail ranks 118 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 96% of Coinbase users are buying OriginTrail. In other words, 96% of Coinbase customers have increased their net position in OriginTrail over the past 24 hours through trading.
Yes, OriginTrail is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy OriginTrail guide.
OriginTrail Price History
Date | Price | Change |
---|---|---|
Today (December 22, 2024) | £0.61 | -0.99% |
24 hours ago (December 21, 2024) | £0.62 | 0.93% |
1 week ago (December 15, 2024) | £0.87 | -30.89% |
1 month ago (November 22, 2024) | £0.69 | -12.70% |
1 year ago | £0.43 | 41.05% |
Get up to $200 for getting started
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
OriginTrail Calculator
Social
Some highlights about OriginTrail on social media
686 unique individuals are talking about OriginTrail and it is ranked #1,836 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, OriginTrail has an average sentiment score of 3 out of 5. Finally, OriginTrail is becoming more newsworthy, with 0 news articles published about OriginTrail. This is a 0% increase in news volume compared to yesterday.
On Reddit, OriginTrail was mentioned in 4 Reddit posts and there were 9 comments about OriginTrail. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
Overview
686 people
0.04%
#1,836
3 out of 5
10
11
Related Assets
Discover conversions
Popular cryptocurrencies
A selection of cryptocurrencies in the top 50 by market cap.
Comparable market cap
Of all the assets on Coinbase, these 12 are the closest to OriginTrail in market cap.
Discover more assets
A selection of other relevant cryptocurrencies
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.