API3 Crypto Price Chart
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API3 FAQs
What is price prediction 2025 for API3 Crypto?
API3 crypto is predicted to trade around $0.75-$0.80 in 2025, with potential upside if it breaks above the Fibonacci resistance level of $0.7700. The current price action suggests a neutral trend with RSI around 64, indicating moderate buying pressure.
What is surpport and resistant level for API3 Crypto?
What is the current price of API3 Crypto?
What is the market cap of API3?
Key Stats
Smart contracts often struggle to access dependable data, but application programming interfaces (APIs) have been touted as a solution to this problem.API3’s stated goal is to allow decentralized versions of APIs to be built, managed and monetized at scales. As blockchain technology plays an ever bigger role in the economy — from decentralized finance to supply chain management — the team behind this project says it has never been more important for smart contracts to provide “timely, reliable real-world data.”The whitepaper for API3 was unveiled in September 2020 and set out the main problem that’s associated with APIs at present: connectivity. At present, there’s no way for smart contracts to establish a direct connection with APIs for the latest data — and this has led to an explosion in the popularity of oracles.Although this has helped solve the problem to some extent, the industry has since been grappling with the “Blockchain Oracle Problem.” Oracles are a form of middleware that sit in between APIs and smart contracts — increasing costs and centralization. API3 intends to get around this problem by enabling API providers to operate their very own nodes.API3’s token went live at the start of December following on from a token sale that generated tens of millions of dollars.
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