RATE Group | This Cryptocurrency Can Gain a Further 30% In March, Having Gained 120% In 2020 Already
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This Cryptocurrency Can Gain a Further 30% In March, Having Gained 120% In 2020 Already

01 Mar This Cryptocurrency Can Gain a Further 30% In March, Having Gained 120% In 2020 Already

Posted at 21:22h in Cryptocurrency News by

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The cryptocurrency market lost more than 4% in February despite the fact that the world’s second largest cryptocurrency Ethereum managed to gain more than 20%. The standout performer was Chainlink (LINK), which saw its value increase by nearly 45% across the period.

Fundamental analysis: Benefiting from bZx hack

Chainlink, a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments, has benefited from its partnership with Ethereum Classic “in order to bring decentralized oracles and external data to the Ethereum Classic blockchain”.

“Importantly, Chainlink is a proven decentralized oracle network, which allows Ethereum Classic smart contracts to interact with off-chain resources with the same security guarantees as the underlying blockchain,” said Ethereum Classic Labs in a statement.

In addition to Ethereum Classic, the network has managed to secure some other partnerships, including…

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