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Zoracles Price (ZORA)
$12.30
2.59%
Zoracles Price Chart (ZORA/USD)
Last updated 22 Jun 2022, 09:10AM UTC. Currency in USD.
Markets
| # | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
|---|---|---|---|---|---|---|
| 1 |
 Bilaxy |
ZORA / ETH | $27.65 | 1.48% | $20,166 |
ZORA Price Statistics
- Zoracles Price Now $12
- 24h Low / 24h High $12 / $13
- Trading Volume $0
- Market Cap Rank #3086
- Market Cap $111,059
- Volume / Market Cap 0.0000
-
All-Time High
$2,067 -99.41%
Apr 09, 2021 -
All-Time Low
$9 32.03%
Jun 18, 2022
Zoracles Cryptocurrency: A New Era in Decentralized Finance
Introduction
Cryptocurrencies have revolutionized the way we perceive and interact with traditional financial systems. Over the years, numerous cryptocurrencies have emerged, each with their own unique capabilities and goals. One such cryptocurrency that has gained significant attention in recent times is Zoracles.
Zoracles: An Overview
Zoracles is an innovative cryptocurrency that aims to bridge the gap between traditional finance and blockchain technology. It is built on the principles of decentralized finance (DeFi), enabling users to carry out various financial transactions efficiently and securely.
Zoracles leverages cutting-edge oracle technology to ensure real-time access to accurate and reliable data. Oracle networks play a crucial role in verifying and providing external data to decentralized applications (dApps). By integrating oracles into its ecosystem, Zoracles enables automated and secure interactions with external data sources.
The Zoracles Ecosystem
Zoracles cryptocurrency operates within a robust ecosystem that encompasses various components. Some of the key elements include:
- Zora Token (ZORA): The native cryptocurrency of the Zoracles platform, used for transactions and governance within the network.
- Oracle Providers: These entities are responsible for aggregating and verifying external data, ensuring its accuracy and reliability before it is used within the Zoracles network.
- dApps Integration: Zoracles seamlessly integrates with decentralized applications, allowing developers to build applications that rely on real-time data from trusted sources.
The Benefits of Zoracles
Zoracles offers a range of advantages that make it a promising cryptocurrency in the DeFi space. Some of the key benefits include:
- Reliable Data: By leveraging oracles, Zoracles ensures the availability of accurate and reliable data for decentralized applications.
- Fast and Secure Transactions: Zoracles' blockchain technology enables fast and secure transactions, eliminating the need for intermediaries.
- Transparency: All transactions carried out using Zoracles are transparent and can be audited by anyone on the blockchain.
- Enhanced Accessibility: Zoracles aims to simplify blockchain technology, making it accessible to the masses through user-friendly interfaces.
Conclusion
Zoracles cryptocurrency is revolutionizing the decentralized finance landscape by bridging the gap between traditional finance and blockchain technology. Its innovative use of oracle technology ensures the availability of accurate and reliable data for various decentralized applications. With its robust ecosystem and numerous benefits, Zoracles is reshaping the way we perceive and interact with cryptocurrencies. As the world of DeFi continues to evolve, Zoracles is undoubtedly a cryptocurrency to watch out for.