API3 Prediction

About API3 (API3)

API3 is a decentralized oracle platform providing secure, direct data feeds (dAPIs) to DeFi applications, eliminating third-party intermediaries and enhancing on-chain reliability. With a market cap of $41.8M and trading on Uniswap v4, it operates in the competitive oracle and DeFi sectors but faces challenges from low liquidity of $191K and recent 5% price drop amid pure selling pressure. Holder base is declining slightly, with high concentration among whales, suggesting potential volatility but also room for growth if adoption increases. Currently, the token appears undervalued relative to its utility but is hampered by market inactivity.

Current price: $0.359710

Market cap: $57.63M

Liquidity: $60.28K

Holders: 23.9K

API3 Price Prediction

The token has experienced a 4.97% decline over the past 24 hours with zero buy transactions and 100% sell pressure, indicating strong downward momentum. Trading volume is low at $2,149 in sells, suggesting limited interest and potential for further drops if selling continues. Short-term price action points to consolidation at lower levels unless buying resumes.

Over the next 30-90 days, API3 could stabilize if DeFi adoption grows, but persistent holder decline and high supply concentration may cap upside. Oracle sector developments could provide tailwinds, though low liquidity and recent selling pressure suggest limited volatility. Overall, the forecast leans neutral with potential for modest recovery tied to broader market sentiment.