Published
1 year ago on
July 17, 2022
Cryptocurrency is no longer the reservoir of Bitcoin and Ethereum alone. In recent years, we've seen the rise of meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB). These coins are often created for fun but they can also be used as a serious investment.
New meme coins are being created at an accelerated pace. They’re not created equal and others attract bigger communities than their peers. RoboApe (RBA), a revolutionary meme coin in the presale stage, has the potential to be a big winner in the future.
Why RoboApe is Here to Stay
The RBA governance token is the heart of the RoboApeecosystem. RoboApe is an exceptional utility token that gives more than it takes.
The RoboApe ecosystem will span eSports, non-fungible tokens (NFTs), and DeFi. The RoboApe NFT marketplace will allow the community to mint NFT in the form of RoboApe cards. Users can buy, hold, and exchange non-fungible tokens as they please.
RoboApe is a futuristic meme token redefining the esports sector. Fans can donate to their favorite players using the RBA token. This allows fans to engage with their favoriteplayers. Players who participate in video game competitions can earn RBA tokens. These tokens increase in real value, with the capacity to more than double their initial price.
RoboApe is still in the presale stage and this comes with several advantages. Investors can buy the tokens at exceedingly low prices. This opens the door to higher yields in the future. The project is being developed during a bear market while cryptocurrency prices are tumbling. Some projects are collapsing due to harsh market conditions. The Terra Luna crash is an example of the effect of this crypto winter.
It takes a solid economic model for a project to weather the crypto winter and continue building as RoboApe is demonstrating.
RoboApe has the potential to catapult itself to the forefront of the market when cryptocurrency prices start to recover. The interest in meme tokens is sure to rise.
Why Are Meme Coins Still Relevant
Meme coins have enjoyed a wild ride that includes registering huge revenues and then sadly surrendering some of them during the bear market. The same, however, can be said for the entire cryptocurrency market. Investors still enjoy and marvel at these meme coins despite the ups and downs. The ups are of course very high up when they occur. There are several other reasons meme coins are popular. I’ll address some of them below.
Meme coins have a large and active community of investors and holders and continue to be a top choice across the board. They’re easy to understand and they’re very straightforward. This differs from some mainstream cryptocurrencies which are a labyrinthine maze of technical jargon.
While meme coins are light-hearted digital assets, they have the potential to be very profitable. This is why some investors go all-in on meme coins. Meme coins may not be for everyone but they have a special place in the cryptocurrency sector. Dogecoin and Shiba Inu have proven this over the years.
Man's Best Friend
Dogecoin is the king of meme coins. It was designed several years ago and has endured bear and bull markets.
Along the way, it has enjoyed the support of investors who want to have fun with it. It has the backing of Tesla CEO Elon Musk who has vowed to continue supporting DOGE. Musk is the richest man in the world and has a huge online following. His support for Dogecoin will drive more people to the Dogecoin community.
Shiba Inu is making its mark, as the meme coin is now ranked among the top 30 cryptocurrencies by market capitalization.
Meme coins are not going anywhere. Once in a while, the market will see new meme coins that snatch the headlines. RoboApe is headed in that direction as it makes its way into the blossoming NFT market.
