Crypto traders shift attention to these altcoins in Q4 2023: Chainlink, Sei, Bitcoin Spark, and Luna Classic
Crypto traders are known for their commitment to staying ahead of the market curve. That said, traders are notably shifting their attention to Chainlink (LINK), Sei (SEI), Bitcoin Spark (BTCS), and Luna Classic (LUNC) ahead of Q4 2023.
Despite being down, Luna Classic (LUNC) is certainly not out. However, its resurgence will be contingent upon several factors, including the successful execution of a burn program, active backing from the community, and the speed of protocol advancements.
An encouraging sign is Luna Classic's development team's anticipation of a substantial core upgrade, known as v2.2.0, which is poised to implement a range of enhancements to the blockchain infrastructure and aid in its strategic objective of reducing USTC and LUNC supply. Additionally, the community has passed two proposals to burn 800 million USTC linked to the Ozone protocol, underscoring a collaborative effort to rejuvenate Luna Classic.
Chainlink is a decentralized oracle network that plays a crucial role in bridging the gap between smart contracts on the blockchain and real-world data sources. This innovative platform allows smart contracts to access external information, such as price feeds, weather data, and more, in a secure and reliable manner. Chainlink's robust network of nodes ensures the accuracy and integrity of data, making it a trusted solution for various decentralized applications (DApps).
Sei is a Cosmos-based layer-1 blockchain seeking to transform digital asset trading by importing the speed and ease that most centralized exchanges offer and combining it with the security and decentralization of blockchain technology. Sei is asset and application-agnostic, meaning it offers access to thousands of tokens across different
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