Crypto whales in the cryptocurrency industry are constantly looking out for coins with excellent prospects in the industry. The industry is large and filled with different coins that run on diverse blockchains. It is also one that encourages inclusivity, as the innovative industry of crypto now has subdivisions.
These cryptocurrency subdivisions include gaming finance (GameFi) and the play-to-earn (P2E) protocol. There’s also decentralized finance (DeFi), decentralized exchanges (DEX), blockchain technology, and the proof of stake protocol. The Non-Fungible Token (NFT) division is not left out, as it has helped the industry grow and attain popularity in global finance.
Rate That Crypto (RTC) is a platform that keeps up with the constantly evolving cryptocurrency industry. Ethereum (ETH) and Ripple (XRP) are notable examples of this evolution. ETH has evolved from just another cryptocurrency to hosting its own blockchain and NFT marketplace. XRP, on the other hand, has revolutionized blockchain technology with its scalable and preferred DeFi platform. In this article, we will delve into the reasons why the large holders, also known as whales, of ETH and XRP are interested in RTC.
According to the market cap, Ethereum (ETH) is the second-largest cryptocurrency after Bitcoin. It is a decentralized platform that runs various decentralized applications (DApps), including various decentralized finance (DeFi) services.
Ethereum-based applications are designed via smart contracts. Smart contracts differ from old-fashioned contracts in their intuitive approach to the execution of transactions and other services. Smart contracts, like regular paper contracts, establish the terms of an arrangement between parties.
Ethereum (ETH) is the primary and governing token of the platform. It can also be called Ether. This token is used to pay gas fees across the Ethereum network. Developers and creators can use ETH to run DApps and issue new crypto assets on the Ethereum blockchain. As Ethereum continues to attain wide adoption among developers, more use cases have been introduced. Some include play-to-earn gaming in GameFi, NFT arts, and others.
Ripple (XRP) is a blockchain-based digital payment network that is entirely decentralized. This network operates on an open-source and peer-to-peer decentralized protocol that permits the seamless transfer of money in any form. It can be in dollars, other world currencies, or cryptocurrencies. Ripple is a global payment network that offers services to central banks, financial institutions, and individuals. The platform facilitates quick conversion across different currencies.
Ripple (XRP) is the primary token that powers the Ripple Network. This token is used to execute various services on the platform, including transactions. The purpose of the XRP token is to serve as an intermediary for exchange between two currencies or networks. It serves this purpose as a form of temporary settlement layer.
Rate That Crypto (RTC) is a mobile platform in the cryptocurrency ecosystem with engaging gameplay. The platform enables users to make accurate price predictions on various tokens. Players and users of this platform can stake points to place short-term predictions on the direction of tokens, either bearish or bullish. Players are rewarded monthly from the community’s prize pool.
Rate That Crypto (RTC) is a platform with enough utility to offer rewards and incentives to long-term investors and players. RTC enhances the crypto knowledge of users as it provides them with a myriad of information concerning various projects.
The RTC token functions in the platform’s liquidity pool, prize pool, marketing, and staking. Holders of these tokens who participate in staking can partake in random bonus draws. They’ll also be awarded regular airdrops and incentives, as they’ll be termed the “VIPs” of the network.
The community-friendly cryptocurrency platform’s alluring utility and protocol captivate investors. It’s a unique platform to hit the cryptocurrency ecosystem and is headed for platinum success.
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