The race of the cryptocurrency is in a continuous turnover. Out of nowhere, a company by the name of ORACLER has dived into the digital currency industry, immediately snatching the eyeballs of the crypto community. Currently, Oracler is priced at $0.003515, and the coin has already proved to be bullish, with an increased price rate of 10.46% over the last 24 hours.
Under the hood, the cryptocurrency’s market capitalization is marked at $351.69 million, leaving Oracler standing as a notable player amongst the many cryptos in the industry. This number indicates that the amount of all circulated Oracler tokens is the same as the overall worth of the whole project in the market if we were to assume that the tokens are transmitted within the network at their current value. The steady market cap is clearly a sign of early investor faith in the token.
Oracler’s trading volume has reached $1.96 million during the last 24 hours, which is an indicator of a market of thriving activity and liquidity. This volume covers all the Oracler tokens traded on the various platforms, disclosing the token’s capability to attract trader interest and facilitate transactions in the initial stages.
Another important index that investors use, and that for this particular case Oracler is at $351.52 million, is called the fully-diluted valuation (FDV). This number is calculated by summing up the total number of tokens planned to be floated in the market which gives a complete forecast of the token’s price. Thereby, the similarity seen between the market cap and the FDV points towards a fair and transparent token distribution process.
Oracler’s trading volume of one day (measured by the volume/market Kaplan ratio) amounts to 0.5577% for Oracler. This figure can be indicative of liquidity and market efficiency, where markets with higher percentages are usually the ones that are much more liquid and active. Although a percentage equal to 0.5577 might not be very impressive among its peers, it seems that Oracler is moderately attractive for trading with a respect to its size.
The maximum supply of Oracler is fixed to 99.99 billion tokens, which is also a total supply that can be generated. This option of limited supply that indirectly captures the final amount of tokens that may be distributed is a key setting in the token’s economic background and hence bearing on its long-term demand. One way or another, the introduction of a fixed maximum supply program is a right move from the standpoint of inflation and scarcity management, which has been practiced by other cryptocurrencies trying to cope with inflation.
God knows the total circulating supply to be one hundred billion tokens and to be the maximum of that. Therefore, all 99.99 billion ORACLER coins were generated and distributed in a transparent way, though there was no information about the vesting schedule or restriction percentages. The token’s transparency in token distribution is received kindly in the community of those who are engaged in crypto, as it removes the problem of large proportions of the supply being actually locked up or held by a few holders.
The very word “Oracler” in the name of the crypto reminds of construct oracles which are elements in platforms that direct smart contracts to reliable off-chain ancillary data. Oracler, despite no indication of a specific use case or detail on the underlying technology of this project through early data, fairly gives us a hint with a name that is linked with the idea of data provision or verification in blockchain ecosystems only.
As a novel cryptocurrency, provisionally interested yields and users ni pa where ke the era l>c, the market is never a quiet place as various currencies quickly rise and fall. On the surface, Oracler’s data looks very good. However, getting more opinions about the project’s mainstays, governance, expertise and the point of implementing it will be important for the engaged ones even to think of any investment decisions higher.
Furthermore, being involved in the digital world of the Oracler cryptocurrency will bring it and other digital assets to a level closer to the investors and everyday users. Along with the crowd, as the company evolves and fresh info appears, the focus of the attention will be on how Oracler is able to position itself in the vast and fierce blockchain and DeFi field.
To sum up, the appearance of Oracler in the financial cryptocurrency markets is another new beginning for digital currencies, the ongoing evolution of which continues. So far, Oracler has built its success through its remarkable market capitalization, high volumes of exchange, and transparency in token issuance that have attracted the crypto community. The main focus of the project will be to explain the qualities that help Oracler stand apart from the other and which ones are beneficial for the blockchain community.
The imminent months will unveil the most vital time for Oracler that will allow it to take its place in the market and successfully become developers and users, while it is building a potentially sustainable ecosystem around its token. The status of the sustainability of Oracler will depend on whether it is initially efficient enough to withstand the passage of time and in the process gain commercial acceptance or not.
