A cryptocurrency is a type of digital virtual asset supported by a network of computers. Due to their decentralised nature, they don’t need authorization from the government or other financial institutions.
It is becoming increasingly popular worldwide because of its cheaper and quicker money transactions and decentralised systems that do not fail in a single area.
Tesla, the electric automobile firm founded by billionaire Elon Musk, has begun to accept Dogecoin (DOGE) as a form of payment.
This lends credence to cryptocurrency’s recent surge in popularity. You could potentially make high-profit returns if you invest in the right cryptocurrency.
The volatile nature of this market has the potential to do wonders, but the one miscalculated move can cost you a lot.
Exploring RoboApe (RBA)
Meme coins are a novel concept developed in 2008 and were inspired by online jokes and memes. Dogecoin (DOGE) was the first meme coin produced.
It quickly became an interest for the investors due to its characteristics such as, including a community-driven structure, online community endorsement, and an infinite supply with over 100 billion tokens currently in circulation.
RoboApe (RBA) token is a revolutionary meme token that overcomes economic restraints by enabling growth through sustainable community development and incentive culture.
RoboApe is being built using Ethereum. The coin is all set to launch in five phases, with 900 million RBA tokens in circulation at first. The token sale event’s price per token is set at $0.00009.
Litecoin (LTC)
Litecoin (LTC) was launched in 2011 by Charles Lee, a former Google engineer and MIT graduate. As described by the creator, the coin is considered a lite version of Bitcoin (BTC).
Sharing many similarities with Bitcoin (BTC) and ameliorating Bitcoin’s flaws, Litecoin (LTC) gave tough competition toBitcoin in its initial years; however, with increasing competition and a saturated market, Litecoin (LTC) has lost its popularity.
Litecoin has suffered a 1.3% setback within the last seven days, with more than a 2% drop over the last 24 hours. It is currently positioned eighteenth on CoinMarketCapcoin’s market capitalization is around $4.9 billion as of 25th May 2022.
Stellar (XLM)
Stellar (XLM) cryptocurrency, called Lumen, is a project of the Stellar Development Foundation, with the trading symbol XLM on crypto markets.
Stellar Development Foundation is a non-profit organisation founded by Jed McCaleb. Stellar (XLM) is a decentralised, transparent platform for performing transactions internationally.
With roughly 22.5 billion coins in circulation, The coin has a maximum supply of 50 billion after approximately burning half of the original coins in Nov 2019.
Stellar’s (XLM) value has dropped by 6.5% within the last seven days and 4.27% within the last 24 hours as of 25th May 2022, occupying 27th position on CoinMarketCap. The coin’s market capitalization was around $3.2 billion as of 25th May 2022.
RoboApe’s (RBA) Unique Features
RoboApe Finance
Being a deflationary meme coin, RoboApe (RBA) claims to grant numerous opportunities to interact, produce, and govern the finances in a decentralised manner.
A small amount will be charged as the fee for every transaction through the RoboApe platform. Half of the fee will be deleted from the system, and the other half will be returned to the owner’s wallet.
Holding a RoboApe (RBA) token guarantees you a long-term profit through multiple rewards, which will be announced soon.
RoboApe Community
RoboApe (RBA) always has something greater to offer as a meme coin. It is a decentralised autonomous community-driven organisation with everyone having an opinion in decision-making.
The community-driven leadership provides development rewards and resources. It also plans to provide complimentary education to individuals about cryptocurrency with its free educational hub, RoboApe Academy.
RoboApe Ecosystem
The ERC-20 will power the RoboApe (RBA) ecosystem, providing investors with several benefits. The ecosystem features community esports competitions to improve the gaming experience and allow individuals to compete worldwide without authorization.
Another interesting feature will be the RoboApe (RBA) exchange, connecting segregated blockchain networks to allow cross-chain token swaps.
Conclusion
RoboApe (RBA) has a lot to offer to its investors. The newly launched meme coin is always a center of interest for the people, and the value increases proportionally.
The Stellar (XLM) coin was launched in 2014, and within a year, Stellar (XLM) had approximately 3 million registered user accounts on its name, and its market cap was almost $15 million.
Similarly, the reduced popularity of Litecoin (LTC) after an initial wave due to oversaturation of the market suggests that early investment in RoboApe (RBA) can yield huge profits.
The low price of RoboApe (RBA) is a huge incentive for you to get involved, as it may pay off in the long run.
A guest author represents the interests of the company he or she is promoting in his or her articles and is not part of CoinChapter’s editorial staff. CoinChapter is not responsible for articles published by guest authors. The opinions expressed in articles by guest authors do not necessarily reflect the views of CoinChapter. The content published by guest authors is not investment advice.
A crypto investor has alleged crypto exchange KuCoin of illegally earing over $33 million through arbitration for 11 hours....
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