API3 Price Prediction: Is API3 a Good Investment?

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What Is the API3 Price Prediction Today

AT A GLANCE

  • In 2024, API3 price is expected to reach $4.686854234175371, according to some experts
  • 2025 promises to be turbulent, with prices ranging from $1.2371189443849562 to $4.390137117920566, with TradingBeast predicting a breakthrough leading to a price rise to $4.390137117920566
  • By 2030, API3 price can hit $4.686854234175371

API3 Fundamental Analysis

Project name
API3
Stock Symbol
API3
Current Price
3.9881332829947
Current Supply
128894996.838998
Official Website

API3 is a native token of the API3 network — a DAO-governed solution combining an oracle functionality, which provides real-world data access on the blockchain, and APIs through which this data is received. API3 was presented to the public in late 2020 when its whitepaper was published, followed by API3 token public sale.

The growing number of dApps, especially those which can be classified as DeFi applications, require an easy way to get live data feeds from outside the chain, e.g. asset prices. Oracles and API are the two pieces of technology needed to make this work. Various organizations provide APIs, but using them means introducing the middleman into the flow of operations, which goes against the blockchain’s key principle of decentralization. Using a third-party oracle means, again, relying on a middleman; besides, contemporary oracles are often too universal, treating all data the same, no matter what its source — which is not always wise. API3 aims to solve this problem by building a network of decentralized APIs, provided to the dApp developers as a service. Those APIs are operated by the same nodes that comprise the oracle network, which keeps both components providing off-chain data as one solution. API3 token is at the heart of this system: it can be staked to secure the oracle, used for governance, and as fees within the network.

API3 Live Price Chart

API3 token went live in December 2020, trading mostly in the ~$1.80 – $2.40 range with some slight bumps until late January 2021. As the project built its partnership network, the price started climbing up, breaking $7 in February. API3’s price fell back down, reaching ~$3.5, at one point in the same month, but this dip turned out to be short-lived, and the price resumed its climb. By early April, API3’s price hit the record mark of $10.31, as oracles started attracting more attention with the growing interest in DeFi. Later API3’s price started trending down, affected by the crypto market downturn. It hasn’t been hit as hard as many others, though: after a return to the winter’s levels of ~$2 in early summer of 2021, by July it started recovering, trading at ~$3.5 – $4.

API3 Technical Analysis

Despite the fact that 100% accurate technical analysis for API3 cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated API3 buy-and-sell rating for selected timeframe. The summary for API3/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

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API3 Price Prediction

Below we have collected the most reliable price projections for API3 (API3) from popular forecast platforms.

API3 Price Predictions Summary

Year
Average Price
Avg. Price / Pot. ROI
Potential ROI
2024
$2.85393781
-10%
-10%
2025
$2.53639538
-8%
-8%
2026
$2.81655321
25%
25%
2027
$8.00869641
84%
84%
2030
$3.16090983
-34%
-34%

API3 Price Prediction for 2024

As for API3 price predictions for 2024, there are divergent opinions. WalletInvestor expects an upturn towards $4.474, and PricePrediction.net echoes with ~$4.506591 by the year’s end. Other experts, for example, from TradingBeast, are more pessimistic about API3’s future price, citing numbers downwards of $1.834541 in December.
Potential ROI: -10% Sell

API3 Price Prediction for 2025

In their API3 price predictions for 2025, TradingBeast forecasts the coin’s price to go down to $3.429795 by December. Forecasting API3 future, PricePrediction.net expects further decrease of its price, too, saying the API3 price will reach ~$1.316084 by that time. On the contrary, WalletInvestor keeps predicting API3 price growth, quoting prices around ~$6.296 in 2025.
Potential ROI: -8% Sell

API3 Price Prediction for 2026

API3 price predictions for 2026 are still predominantly positive, with some analysts promising prices in the $5.463743–$8.635 range (PricePrediction.net, WalletInvestor), while TradingBeast takes a different view and cites the possibility of the price reaching $0.7976 in December 2026.
Potential ROI: 25% Buy

API3 Price Prediction for 2027

TradingBeast has only optimism in store for the 2027 API3 price prediction, valuing API3 at $7.537572 by the end of 2027. WalletInvestor agrees with a positive forecast and predicts, in turn, $11.554 for the same period. On the other hand, PricePrediction.net’s team is more pessimistic — their API3 price prediction for December of this year is just $2.951219.
Potential ROI: 84% Buy

API3 Price Prediction for 2030

Speaking of long-term API3 price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that API3 price won’t grow further and, opposedly, will decline to $2.791693. TradingBeast’s price prediction for API3 echoes with the projection of a downtrend to $0.5982. Despite this, WalletInvestor’s vision remains positive, promising growth up to $4.50606.
Potential ROI: -34% Sell

Author

June Katz
June Katz is a writer who is really interested in finance, trading, blockchain, and tech. As a SwapSpace author, she enjoys making content about crypto and other related topics.

Summary

As it can be clear from the analysis cited above, API3 (API3) projections are rather contradictory. There is no universal consensus either about positive or negative future API3 price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the API3 projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
All you need for your research in one channel!
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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