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- 1 Oracle is one of the easiest ways to adopt blockchain technology and involves a wide range of services.
- 2 Oracle connects the blockchain technology with the exterior system allowing smart contracts to execute with real-time input and output.
Crypto is expanding its roots in every area, and Oracle is no exception. The technology offers a comprehensive and fully involved stack of cloud platform services and cloud applications. Introduced in 1979, the platform offers the building and delivery of the software that runs the evolving world. The technology entered the cryptocurrency landscape in 2022 with the purpose of enabling smart contracts to execute operations based on real-life inputs. Oracle cryptocurrencies which an investor can explore in July 2023, are presented below.
Chainlink (LINK)
Chainlink, introduced in 2014 is one of the trending and popular cryptocurrencies with a price of $7.74 and a market cap of $4,003,585,492. It is one of the best investments for those looking for capitalization on the integration of blockchain technology with real-world inputs. LINK offers a high level of security making it a worthwhile investment for the long term. Also, the cryptocurrency is expected to reach between $17.30 to $57.23 by the end of 2025.
DIA (DIA)
Another strong player in the Oracle cryptocurrency landscape is DIA. Launched in 2019, it is developed on top of the Ethereum platform. The cryptocurrency allows smart contracts to establish connections with external data sources and validates the data. The current price of DIA is $0.257 with a market cap of $28,536,786 and is expected to reach the price of $0.892 by the end of 2025.
Witnet (WIT)
Witnet is one of the largest gainers in the digital asset market when it comes to offering smart contracts with a high level of secured input. The current price of WIT is around $0.007 with a market cap of $9, 298,970. WIT is predicted to reach $0.054 by 2025 and offer strong crypt-economic guarantees making it a strong buy.
Oraichain (ORAI)
Orichain, one of the strongest players in the Cryptocurrency environment, connects smart contracts with AI and machine learning technologies to make the functioning more effective. The current price of ORAI is $2.32 with a market cap of $13,043,722 and is expected to touch $11.49 by the end of 2025 due to its integration with advanced technology.
Ap13 (AP13)
The next name that came into the list is AP13 which is emerging as one of the good investments to make in July 2023. The platform was introduced to solve the key issues in the blockchain world and offers accurate data to the on-chain environment that makes it different from other digital assets. The current price of AP13 is $1.02 with a market cap of $88,123,742 and is assumed to touch $7.86 in 2025, making it a good investment.
Conclusion
Oracle technology is about to boom the crypto marketplace with its integration with blockchain technology. LINK, DIA, AP13, ORAI, and WIT are some top currencies to explore in the ecosystem for gaining profits over investments in 2023.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
