The Meme Cryptocurrency world has seen exponential growth in the past few months. There are now over 50 different cryptocurrencies being traded around in exchanges worldwide created as part of an internet meme.
The first meme cryptocurrency was created not long ago, with over 50 unique offerings. Meme coins and ICOs are changing the way people view cryptocurrencies and the utility they provide. Still, it’s important to be cautious and informed before you jump on board.
However, not every meme coin is like Dogecoin (DOGE), which can make you an overnight millionaire. The recent crypto market crash has affected all crypto coins in value. The presale stage of many cryptocurrencies has seen wild fluctuations in value since the beginning of 2020, with some coins jumping as much as 300% in a single day.
RoboApe (RBA) is a new cryptocurrency that looks like a worthy investment and has the potential to provide exceptional utility to give more than it takes. Keep reading to get detailed information about it.
RoboApe (RBA) Is Changing The Crypto Game
RoboApe (RBA) is a meme token that operates as a Decentralized Autonomous Organization (DAO) that empowers growth proposals, resources, and decision making. This platform provides users with a wide range of opportunities to generate, interact, and manage their finances in a decentralized manner.
It is mainly targeting the esports industry, which sets it apart from the rest. With its strong gaming ecosystem, this platform will support both browsers as well as mobile applications. In addition, users can interact with other gaming enthusiasts while participating in exciting contests with great rewards.
The ERC-20 RBA token offers investors various advantages and use cases and will power the RoboApe ecosystem. It features an NFT marketplace where users will be able to buy, sell, and trade. Its marketplace charges an RBA gas fee for minting new NFT tokens. While functioning as a cross-chain interoperable network, this platform will feature RoboSwap, allowing users to transfer tokens across various blockchains.
Polkadot (DOT) is an open-source, scalable, interoperable, and secure blockchain network that allows data across any blockchain. This platform allows arbitrary data and not just tokens to be transferred across the blockchain. As a governance token, it allows users to participate in decision-making.
By connecting several different chains in a single network, this platform connects several different chains in a single network allowing them to process transactions in parallel and exchange data between many different chains without sacrificing security.
With the same ambitions as Ethereum, it aims to become a significant platform for smart contracts and the deployment of dApps. Moreover, it is a true multi-chain application platform where cross-chain registries and cross-chain computation are possible.
Litecoin (LTC), launched in 2015, and created by Google engineers, is a peer-to-peer Internet currency that enables near-zero cost and instant payments to anyone worldwide. This platform is an open-sourced, decentralized, and second oldest cryptocurrency. It offers low transaction fees without any third-party intervention.
This platform will offer a faster transaction security system and makes it less susceptible to ransomware. In addition, Litecoin (LTC) comes with a Proof-of-Stake (PoW) algorithm, which relies on access to a large volume of memory instead of Central processing Unit (CPU) computing power only.
The question of whether or not a RoboApe (RBA) is a good cryptocurrency can only be answered with time. However, we can still examine the project for its viability and potential for future development. Its unique roadmap and real-life applications have the potential to skyrocket in value.
Although Litecoin (LTC) has a reliable development team, Litecoin’s reputation has taken a hit. As a result, Litecoin (LTC) might find it difficult to gain momentum during the upcoming bull run.
Whereas Polka Dot (DOT) interoperability network may face intense competition. There are numerous related projects in development. Although they have not yet been released, they may encounter fierce competition.
It’s a once-in-a-lifetime chance to make millions of dollars with RoboApe (RBA) in the coming years. However, the coin has a very high level of volatility because of the presale stages, and it can be very profitable. Find more information here.