API3 (API3)

-0.73 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

54199799>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

208487683>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

78,880,961.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

120,764,898.83
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

120,764,898.83
Low High
Contract
Website
Explorers
Social Media
Tags
Week Month Year All Time
High

Jan 25 2023

1.533942491242
12.78%

Jan 24 2023

1.615222640905
7.11%

Mar 02 2022

8.077441663059
-78.58%

Apr 07 2021

-83.24%
Low

Jan 25 2023

1.533942491242
12.78%

Jan 03 2023

1.04546246818
65.48%

Jan 02 2023

1.012526911718
70.86%

Jan 01 2023

72.69%

Market

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score

Historical Data

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Coin
API3
Comments

Coin Info

Application programming interfaces (APIs) have been suggested as a way to make it easier for smart contracts to get reliable data.

API3's stated goal is to make it possible to build, manage, and make money from decentralised versions of APIs at scale. As blockchain technology becomes more important in the economy, from decentralised 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."

In September 2020, the whitepaper for API3 was released. It talked about the main problem with APIs at the moment, which is connectivity. At the moment, there is no way for smart contracts to connect directly with APIs to get the most up-to-date information. Because of this, oracles have become very popular.

Even though this has helped solve the problem to some extent, the "Blockchain Oracle Problem" has since caused a lot of trouble in the business world. Oracles are a type of middleware that sits between APIs and smart contracts. They make costs and centralization go up and make it harder to change. API3 is trying to solve this problem by letting API providers run their own nodes.

After a token sale that brought in tens of millions of dollars, API3's token went live at the beginning of December.

To know more about the API3 price prediction, install the top cryptocurrency app CoinGabbar today!

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