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What’s the Best Altcoin API to Set Up Altcoin Data Feeds?

1 year ago
in Web3
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When integrating altcoin knowledge into Web3 apps or platforms, choosing the proper altcoin API turns into pivotal. However what’s the greatest choice to get altcoin API knowledge feeds? This text will spotlight Moralis’ altcoin API suite and discover every API for fetching and integrating altcoin knowledge into your decentralized purposes (dapps). With solely single traces of code, you should utilize our premier APIs to question token costs, transfers, superior market knowledge, and far more. Consequently, when working with Moralis, you possibly can seamlessly construct the whole lot from decentralized finance (DeFi) platforms to portfolio trackers with out breaking a sweat!

When you’re keen to leap straight into the code and need a bit sneak peek of what’s to return, then try the three endpoints beneath, which you’ll doubtless discover useful in your growth endeavors: 

getTokenPrice() – Fetch the worth of any altcoin: const response = await Moralis.EvmApi.token.getTokenPrice({
“chain”: “0x1”,
“handle”: “0x7d1afa7b718fb893db30a3abc0cfc608aacfebb0”
}); getWalletTokenBalances() – Question the token balances of any pockets: const response = await Moralis.EvmApi.token.getWalletTokenBalances({
“chain”: “0x1”,
“handle”: “0x1f9090aaE28b8a3dCeaDf281B0F12828e676c326”
}); getTopERC20TokensByMarketCap() – Fetch the highest ERC-20 altcoins by market cap: const response = await Moralis.EvmApi.marketData.getTopERC20TokensByMarketCap();

To be taught extra about Moralis’ premier growth instruments, try our official Web3 API web page! 

Additionally, if you wish to comply with alongside on this tutorial, don’t neglect to enroll with Moralis. You possibly can create an account without cost, and also you’ll be capable to begin constructing dapps sooner and extra effectively!

Overview 

In at this time’s article, we’ll kick issues off by answering the query, ”What’s an altcoin API?”. In doing so, we’ll clarify what they’re and why it is best to use them when constructing Web3 tasks. From there, we’ll then introduce you to Moralis, as our industry-leading Web3 API suite is the last word device for fetching and integrating altcoin knowledge into your dapps. Subsequent, we’ll stroll you thru a complete tutorial to indicate you the best way to get altcoin knowledge with Moralis in three steps: 

Step 1: Get a Moralis API KeyStep 2: Write a Script Calling the getTokenPrice() Endpoint Step 3: Run the Code

Lastly, to prime issues off, we’ll cowl some distinguished use circumstances for organising altcoin API knowledge feeds with Moralis.

If this sounds thrilling, be part of us beneath as we begin by exploring the ins and outs of altcoin APIs! 

What’s an Altcoin API? 

An altcoin API (software programming interface) is a algorithm, strategies, and protocols that assist you to seamlessly work together with blockchain networks to fetch and combine altcoin knowledge into your Web3 tasks!

Illustrative art image - showing API components to set up altcoin API data feeds

An altcoin API can supply a variety of options. Beneath, you’ll discover three distinguished examples:

Actual-Time and Historic Knowledge: Altcoin APIs ship entry to real-time cryptocurrency knowledge, together with costs, intensive metadata, account balances, and transactions. Moreover, these interfaces typically function expansive archives of historic knowledge, which is crucial for in-depth evaluation and the creation of charts.  Superior Market Perception: Premier altcoin APIs transcend primary knowledge provision by providing in-depth market insights. This consists of data on trending cryptocurrencies, worth modifications over time, market capitalization knowledge, and different essential monetary metrics. Such detailed knowledge is invaluable for finish customers, permitting them to make knowledgeable funding selections and perceive market dynamics. Notifications and Alerts: The very best altcoin APIs additionally empower builders to effortlessly combine customizable notifications and alerts inside their dapps. Options like this be sure that finish customers keep knowledgeable about real-time market actions and demanding updates with out lacking a beat.  

All in all, an altcoin API is a set of protocols, strategies, and guidelines permitting you to seamlessly fetch and combine altcoin knowledge into your Web3 tasks!  

Why Builders Ought to Use an Altcoin API when Setting Up Knowledge Feeds?

Speaking with a blockchain community requires a posh underlying infrastructure, which is each a tedious and time-consuming activity to arrange. Thankfully, that is the place APIs enter the equation, permitting you, as a developer, to question the varied blockchain networks with out having to reinvent the wheel! 

Benefits of Altcoin API Data Highlighted

When utilizing an altcoin API, you possibly can leverage premade protocols and strategies to fetch altcoin knowledge with out having to grasp and take care of any underlying complexities your self. In return, it can save you quite a lot of growth time and sources, which could be allotted to extra essential points of your tasks, reminiscent of constructing a compelling consumer expertise and enhancing consumer worth. 

So, by using an altcoin API, you possibly can construct decentralized finance (DeFi) tasks, cryptocurrency wallets, portfolio trackers, and another Web3 platform sooner and extra effectively! 

What’s the Greatest API for Altcoin Knowledge Feeds? 

There are a number of distinguished Web3 API suppliers available on the market for fetching and integrating altcoin knowledge. Nonetheless, among the many prime options, Moralis clearly stands out because the {industry} chief! However what precisely is Moralis? And what makes Moralis’ API suite the perfect various for fetching altcoin knowledge?

Moralis is an industry-leading Web3 API supplier, and in our altcoin API suite, you’ll discover premier interfaces such because the Token API, Market Knowledge API, Streams API, and lots of others. With these instruments, you possibly can seamlessly fetch and combine on-chain altcoin knowledge into your Web3 tasks with solely single traces of code!

Title: Moralis Web3 API Suite - The Best Altcoins for integrating altcoin data feeds into Web3 platforms

However why must you use Moralis’ API suite to get and combine altcoin knowledge? 

Complete: We enrich all our API responses with transaction decodings, market knowledge, handle labels, metadata, and extra from a number of sources. In doing so, Moralis is ready to supply the {industry}’s most complete APIs.  Save Time: With the facility and accessibility of Moralis’ APIs, you possibly can seamlessly cut back the common time to marketplace for all of your tasks by a powerful 83%.  Cross-Chain Compatibility: Our APIs are chain agnostic, supporting networks like Ethereum, Polygon, BNB Good Chain, Optimism, and lots of others. As such, when working with Moralis, you possibly can construct cross-chain appropriate dapps with out breaking a sweat. 

Additionally, do you know you possibly can entry our premier Web3 API suite without cost? So, if you happen to haven’t already, be certain that to enroll with Moralis right away. 

Now, with an outline of Moralis, let’s discover three distinguished interfaces of our Web3 API suite that may make it easier to seamlessly fetch and combine altcoin knowledge into your tasks! 

Token API 

Moralis’ Token API is the {industry}’s main device for real-time and historic altcoin knowledge. This API helps all tokens throughout ten+ EVM chains, together with the whole lot from meme cash like Shiba Inu (SHIB) to stablecoins like USDT! 

Moralis Token API marketing banner graphic art illustration

With solely a few traces of code, you should utilize the Token API to seamlessly get token transfers, balances, costs, metadata, and far more. Consequently, with this interface, you possibly can simply construct the whole lot from DeFi platforms to portfolio trackers. 

To focus on the capabilities of the Token API, listed here are three distinguished endpoints you’ll doubtless discover useful when constructing dapps:

getTokenPrice() – Get the worth of any altcoin: const response = await Moralis.EvmApi.token.getTokenPrice({
“chain”: “0x1”,
“handle”: “0x7d1afa7b718fb893db30a3abc0cfc608aacfebb0”
}); getWalletTokenBalances() – Question altcoin balances of any pockets:const response = await Moralis.EvmApi.token.getWalletTokenBalances({
“chain”: “0x1”,
“handle”: “0x1f9090aaE28b8a3dCeaDf281B0F12828e676c326”
}); getWalletTokenTransfers() – Fetch all altcoin transfers of any pockets: const response = await Moralis.EvmApi.token.getWalletTokenTransfers({
“chain”: “0x1”,
“handle”: “0x1f9090aaE28b8a3dCeaDf281B0F12828e676c326”
});

Market Knowledge API 

The Moralis Market Knowledge API permits you to seamlessly unlock the facility of superior cryptocurrency market knowledge. With this API, you possibly can effortlessly control prime altcoins and monitor the market’s largest gainers and losers. As such, that is the last word device for anybody trying to construct DEXs, portfolio trackers, cryptocurrency wallets, and different DeFi platforms! 

Moralis Market Data API for Altcoins - Graphic art illustration

By way of altcoin knowledge, the Market Knowledge API options two distinguished endpoints: 

getTopERC20TokensByMarketCap() – Fetch the highest ERC-20 tokens by market capitalization:const response = await Moralis.EvmApi.marketData.getTopERC20TokensByMarketCap(); getTopERC20TokensByPriceMovers() – Question the highest ERC-20 tokens by worth change:const response = await Moralis.EvmApi.marketData.getTopERC20TokensByPriceMovers();

Streams API 

With Moralis’ Streams API, you possibly can effortlessly arrange real-time altcoin knowledge feeds to get customizable updates despatched on to the backend of your tasks by way of webhooks as quickly as one thing vital occurs on-chain. As such, the Streams API is the last word device for integrating Web3 alerts and notifications into your challenge! 

Streams API for Altcoin Data Feeds - Graphic art illustration marketing banner

So, how does the Streams API work? 

Properly, you possibly can create a stream in three easy steps: 

Step 1 – Create a brand new stream object by specifying what chains you need to monitor, occasions you want to observe, and a webhook vacation spot:  

Step 1 to Set Up Altcoin API Data Feeds: Create a STREAM object

Step 2 – Arrange a brand new stream utilizing your stream object: 

Step 2: Set up new stream using the created STREAM object

Step 3 – Add the handle(es) you need to monitor and watch the information stream in: 

Step 3: Adding altcoin addresses to monitor

For a extra detailed breakdown of the method above, please try our official Streams API documentation web page! 

The right way to Set Up Altcoin API Knowledge Feeds with Moralis

With an outline of Moralis’ APIs for altcoins, we’ll take this part to briefly stroll you thru the method of organising altcoin API knowledge feeds with our industry-leading instruments. To take action, we’ll be utilizing the getTokenPrice() endpoint for example and present you the best way to get real-time altcoin costs in three easy steps: 

Step 1: Get a Moralis API KeyStep 2: Write a Script Calling the getTokenPrice() Endpoint Step 3: Run the Code

Nonetheless, earlier than we will proceed, you need to maintain a couple of important conditions! 

Stipulations

Moralis’ altcoin API suite is appropriate with a number of programming languages, together with Python, TypeScript, and so on. Nonetheless, for this tutorial, we’ll be utilizing JavaScript. As such, earlier than you proceed, ensure you have the next prepared: 

Step 1: Get a Moralis API Key 

When you haven’t already, the very first thing it’s essential do is join with Moralis by clicking on the ”Begin for Free” button on the prime proper of the Moralis homepage: 

Creating a Altcoin API Key Step 1: Create a free Moralis Account

When you’re accomplished creating your Moralis account and challenge, you’ll discover your API key underneath the ”Settings” tab to the left: 

Copying API key on Moralis admin area UI

Copy and preserve the important thing for now, as you’ll want it throughout the subsequent step to initialize Moralis.

Step 2: Write a Script Calling the getTokenPrice() Endpoint 

Open your IDE and initialize a brand new challenge by working the next command within the terminal: 

npm init

Subsequent, be certain that to run the terminal command beneath to put in the Moralis SDK:

npm set up moralis @moralisweb3/common-evm-utils

You possibly can then open your ”bundle.json” file and add ”kind”: ”module” to the listing:

Showing how to open your ”package.json” file and add ”type": ”module” to the list

From right here, create a brand new ”index.js” file and add the next code: 

import Moralis from ‘moralis’;

strive {
await Moralis.begin({
apiKey: “YOUR_API_KEY”
});

const response = await Moralis.EvmApi.token.getTokenPrice({
“chain”: “0x1”,
“handle”: “0x7d1afa7b718fb893db30a3abc0cfc608aacfebb0”
});

console.log(response.uncooked);
} catch (e) {
console.error(e);
}

You then must make a couple of configurations to the script. To start with, add the API key you copied earlier by changing YOU_API_KEY. Subsequent, additionally be certain that to switch the chain and handle parameters to suit your question. 

That’s it; all that continues to be from right here is to run the code! 

Step 3: Run the Code 

Open a brand new terminal and run the command beneath within the root folder of your challenge: 

node index.js

Working the command above executes the script, and in return for calling the getTokenPrice() endpoint, you’ll get the token’s worth denominated in each USD and the chain’s native cryptocurrency. It’s going to look one thing like this: 

{
“tokenName”: “Matic Token”,
“tokenSymbol”: “MATIC”,
“tokenLogo”: “https://cdn.moralis.io/eth/0x7d1afa7b718fb893db30a3abc0cfc608aacfebb0.png”,
“tokenDecimals”: “18”,
“nativePrice”: {
“worth”: “348873003698603”,
“decimals”: 18,
“identify”: “Ether”,
“image”: “ETH”,
“handle”: “0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2”
},
“usdPrice”: 0.8059281301508046,
“usdPriceFormatted”: “0.805928130150804556”,
“exchangeName”: “Uniswap v3”,
“exchangeAddress”: “0x1F98431c8aD98523631AE4a59f267346ea31F984”,
“tokenAddress”: “0x7d1afa7b718fb893db30a3abc0cfc608aacfebb0”,
“priceLastChangedAtBlock”: “19141731”,
“verifiedContract”: true
}

That’s it; it doesn’t should be tougher to arrange altcoin API knowledge charges when working with Moralis’ API suite. From right here, you possibly can comply with just about the identical steps to name any of our endpoints! 

What You Can Construct with Altcoin API Knowledge Feeds From Moralis

You possibly can construct quite a lot of stuff with altcoin knowledge feeds arrange utilizing Moralis’ API suite. On this part, we’ll take a look at three distinguished examples:

Token Explorers: A token explorer is an software or web site that provides customers priceless knowledge and perception into altcoins. These platforms collect, course of, analyze, and current knowledge from numerous blockchain networks, permitting customers to discover new tokens and make knowledgeable funding selections. A fantastic instance right here is Moralis Cash.

Altcoin API Data Feeds example: Showing Moralis Money Platform

Portfolio Trackers: A portfolio tracker is a platform that accumulates knowledge about consumer’s token holdings in a single place, enabling them to seamlessly observe and handle their altcoins. Some distinguished examples embrace Delta, Kubera, and Moralis Cash. 

Portfolio tracker dapp example for altcoin API data feeds

Decentralized Exchanges (DEXs): A DEX is a peer-to-peer market permitting customers to commerce altcoins in a non-custodial method with out the necessity for middleman involvement. Some distinguished examples of current DEXs embrace Uniswap, Curve, and PancakeSwap. 

DEX example for altcoin data

Token explorers, portfolio trackers, and DEXs are simply three examples of what you possibly can construct with Moralis. Right here, the one factor stopping you is your creativeness! 

Abstract: What’s the Greatest Altcoin API for Setting Up Altcoin Knowledge Feeds?

In at this time’s article, we launched you to Moralis – the last word Web3 API supplier for fetching and integrating altcoin knowledge into your dapps. In doing so, we explored the next three altcoin APIs in additional element: 

Token API: With the Token API, you possibly can seamlessly get real-time and historic altcoin knowledge. Market Knowledge API: The Market Knowledge API provides you entry to superior market insights. Streams API: With the Streams API, you possibly can seamlessly arrange Web3 alerts and notifications.  

From there, we additionally confirmed you the best way to get altcoin knowledge with Moralis’ API suite in three steps: 

Step 1: Get a Moralis API KeyStep 2: Write a Script Calling the getTokenPrice() Endpoint Step 3: Run the Code

So, when you have adopted alongside this far, you now know the best way to fetch and combine altcoin knowledge into your tasks! When you preferred this altcoin API tutorial, think about testing extra Moralis content material. As an illustration, learn our most up-to-date information on constructing cryptocurrency worth trackers or discover the Cosmos ecosystem! 

What’s extra, if you happen to preferred what you noticed all through this tutorial, then it is best to know that we’ve a Candlestick API within the pipeline. For updates concerning this modern API and notifications for when it’s launched, please be certain that to enroll with Moralis!



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