The trading volume of one of the numerous meme coins named LK-99 exceeded $3 million within a day after its creation. The crypto community expressed interest in the prospects of using a revolutionary new superconducting material developed by a team of South Korean scientists.
The team of scientists from Seoul National University of Science and Technology created a superconducting material dubbed LK-99. The new breakthrough caused a stir not only in the scientific community, but also in the cryptocurrency market.
Shortly after the scientific paper was published, several LK-99 tokens started trading on the decentralized exchange Uniswap. According to CoinBrain, the trading volume of one of these tokens on Ethereum exceeded $3 million within 24 hours after its launch. Over 35 meme coins named LK-99, LK-99 Protocol, or Korea LK-99 were created.
The superconductor LK-99 sparked such excitement in the crypto community primarily due to its potential uses within blockchain systems. Superconductors are needed to create and improve quantum computing, which in turn can increase the energy efficiency, security, and reliability of crypto algorithms.
A major scientific advance is that it works at ambient temperature and pressure, although it’s believed that these types of materials can only function at absolute zero temperature. Thus, LK-99 can become a real breakthrough, thanks to which quantum developments will move to a new level.
Quantum technologies can increase the security of financial transactions, which is confirmed by a number of experiments conducted by various scientists. For example, Austrian researchers revealed how systems based on quantum mechanics can provide full security of crypto payments.
