Cryptocurrency is a modern digitalized mode of payment that was first launched in 2009 with the name Bitcoin. After its early success and popularity, many people got interested in Bitcoin (BTC) due to its huge profit with very little investment. RoboApe news..
Due to its volatility and unpredictability, the younger population is now mostly involved in cryptocurrency to earn quick money. With increasing popularity, many merchandises are now accepting crypto as a source of payment. Recently, Elon Musk, CEO of Tesla, has announced that Tesla will be accepting Dogecoin (DOGE), the first-ever meme coin in the market.
RoboApe (RBA): Redefining the Meme Coin
Meme coins are a revolutionary concept inspired by internet jokes and memes in 2008. The first meme currency was Dogecoin (DOGE). It initially piqued investors’ interest due to features like a community-driven structure, online community endorsement, and a limitless supply of over 100 billion tokens.
The RoboApe (RBA) token is a ground-breaking meme token that bypasses economic constraints by encouraging growth through sustainable community development and incentive culture. Ethereum is being used to build RoboApe (RBA). The coin will be released in five stages, with 900 million $RBA tokens initially in circulation.
Initially founded as AntShares in 2014, it was renamed Neo (NEO) in 2017. The Chinese-originated coin is a blockchain-based system that supports its own money while also allowing the creation of digital assets and smart contracts. In this regard, it is identical to the Ethereum blockchain network, designed in the United States. NEO’s goal is to employ smart contracts to automate the administration of digital assets to create a distributed network-based smart economy system. The coin experienced an approximately 4% increase in the last 7 days and a 5.5% rise during the previous 24 hours. With a coin capitalization of $852 million, it is ranked 63rd on CoinMarketCap, as of 31st May 2022.
Kusama (KSM), which was founded in 2016, is an experimental and developing initiative for generating Polkadot. Kusama (KSM) tries to provide developers greater flexibility when they finish the design of their Polkadot applications because its major use case is to enable testing. On the other hand, Kusama (KSM) has less strict governance standards than Polkadot.
Kusama (KSM) imitates the majority of Polkadot’s primary design elements elsewhere. Kusama, for example, employs two types of blockchains: a core network known as a relay chain, where transactions are permanent, and user-generated networks known as parachains.
The coin experienced an approximately 9% decrease in the last seven days and a 5.6% rise during the previous 24 hours. With a coin capitalization of $657 million, it is ranked 73rd on CoinMarketCap, as of 31st May 2022.
Unique Features Offered by RoboApe (RBA)
RoboApe (RBA), a deflationary meme coin, claims to provide multiple options to connect, generate, and regulate money. In a decentralized fashion. Every transaction made using the RoboApe platform will incur a modest fee. The system will remove half of the charge, and the other half will be restored to the wallet of the owner. Holding a RBA token ensures long-term profit through various benefits disclosed soon.
RoboApe (RBA) also intends to address the current lack of player motivation in eSports. As the RBA coin becomes a payment mechanism, the idea is to leverage its fantastic transparency system to level the playing field.
To enhance the gaming experience, the coin introduces the RoboApe ecosystem that would incorporate RoboApe eSports with community sports tournaments.
Possessing the RBA token also grants users access to the RBA Academy, a component of the ecosystem where new crypto aficionados in the community may congregate to discover the sector and its many wonderful features. This will be accomplished by collecting instructional articles and videos and the crypto industry’s most recent news and conversations.
According to experts, new cryptos are more profitable in the short term. RoboApe (RBA) is a new meme coin with a lot to offer, as displayed in the presale. The main problem with Neo (NEO) coin is minimal bookkeeping nodes achieve that network consensus. This means the consensus of Neo will be reverted easily by attacking these nodes. However, investing in an experimental coin like Kusama could be risky.
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