• Bullish UMA (UMA) price prediction ranges from $1.429 to $3.800
• Analysis suggests that the UMA price might reach above $3.720
• The UMA bearish market price prediction for 2023 is $1.888

What is UMA (UMA)?

UMA is an optimistic oracle (OO) that has the ability to record any verifiable truth onto a blockchain. UMA’s Optimistic Oracle allows contracts to quickly request and receive any kind of data. Additionally, UMA’s Oracle system comprises two core components which are Optimistic Oracle and Data Verification Mechanism (DVM). 

The OO has been called “a human-powered truth machine” because it is flexible enough to handle ambiguity and expands the design space possible in web3. UMA’s OO secures a diverse ecosystem of web3 applications, including cross-chain bridges, insurance protocols, prediction markets, and customizable DAO tooling products.

UMA (UMA) Market Overview

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UMA (UMA) Current Market Status

UMA has a circulating supply of 71,227,885 UMA coins, while its maximum supp…

The post UMA (UMA) Price Prediction 2023-2030: Will UMA Price Reach $4 Soon? appeared first on Coin Edition.

• Bullish UMA (UMA) price prediction ranges from $1.429 to $3.800
• Analysis suggests that the UMA price might reach above $3.720
• The UMA bearish market price prediction for 2023 is $1.888

What is UMA (UMA)?

UMA is an optimistic oracle (OO) that has the ability to record any verifiable truth onto a blockchain. UMA’s Optimistic Oracle allows contracts to quickly request and receive any kind of data. Additionally, UMA’s Oracle system comprises two core components which are Optimistic Oracle and Data Verification Mechanism (DVM). 

The OO has been called “a human-powered truth machine” because it is flexible enough to handle ambiguity and expands the design space possible in web3. UMA’s OO secures a diverse ecosystem of web3 applications, including cross-chain bridges, insurance protocols, prediction markets, and customizable DAO tooling products.

UMA (UMA) Market Overview

HTTP Request Failed... Error: file_get_contents(https://api.coingecko.com/api/v3/coins/uma): Failed to open stream: HTTP request failed! HTTP/1.1 429 Too Many Requests

UMA (UMA) Current Market Status

UMA has a circulating supply of 71,227,885 UMA coins, while its maximum supp…

The post UMA (UMA) Price Prediction 2023-2030: Will UMA Price Reach $4 Soon? appeared first on Coin Edition.