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Is RoboApe a viable option for well-established crypto coins like Chainlink?

These new cryptocurrencies represent an independent, decentralized ecosystem’s entry into the global financial system. 

illustration of a robot ape crypto
Image: RoboApe

Cryptocurrency has come a long way in terms of technological advancements and popularity. As a result, the cryptocurrency market has continued to boom despite the global pandemic and the bear crypto market.

Cryptocurrencies are decentralized and offer users another more secure way to make money, which is not issued by a central authority. 

Despite making people overnight millionaires, cryptocurrencies are now in a bear market, and most cryptocurrencies’ value is down by 50%.

It has wiped millions of dollars from the market. As a result, Crypto enthusiasts are looking for presale stage cryptocurrencies that can give good returns in the future. 

Meme cryptocurrencies like Dogecoin (DOGE) have made records worldwide and made rags to riches stories worldwide.

It’s all possible because of high price volatility. Many new cryptocurrencies are released daily, but RoboApe (RBA) stands out. 

RoboApe (RBA) is a new cryptocurrency poised to revolutionize the crypto space with its diverse services built for the community. In addition, it possesses many unique features that will help you make good profits. 

What is RoboApe (RBA)?

person with phone in hand with a chart app

A unique meme token that gives more than it receives, RoboApe (RBA) is a meme token that operates as a Decentralized Autonomous Organization (DAO) that empowers growth proposals, resources, and decision making.

The community has a wide range of services available in the cryptocurrency space. 

It will work as a community-driven DAO, providing development initiatives and resources. In addition, it will be an entirely free educational hub that will educate and inform individuals on all they need to know about cryptocurrency. 

During the transaction, a small fee will be charged on every transaction on the RoboApe platform.

Half of the tokens will be returned to wallet holders, and the other will be burned. Moreover, the ecosystem consists of the RoboApe eSports community to enhance the gaming experience.

The community will mint NFTs as RoboApe coins users can hold or sell. It supports meme culture to the next level. Finally, it bridges isolated blockchain networks to enable cross-chain token swaps.

The ecosystem will be driven by the ERC-20 token, providing users with many use cases and benefits. Holding the RBA token should get you more profits in the long term.

Crypto currency market
Image: Unsplash

Chainlink (LINK), launched in 2017, is a decentralized network of nodes launched on the Ethereum blockchain, intending to get real-world data onto the blockchain.

This ERC-20 token provides real-world data from third-party sources to on-blockchain smart contracts through oracles. 

It aims to address issues by incentivizing data providers to act as a bridge between blockchain smart contracts and external data sources. 

It is intended to facilitate the transfer of tamper-proof data from off-chain sources to on-chain contracts.

Smart contracts play a significant role as Chainlink (LINK) platform relies on system automation to evaluate and execute data when predetermined agreements are fulfilled. 

It will be used to fairly distribute non-fungible tokens (NFTs), gamify personal savings, and facilitate recalibrations of cryptocurrency token supplies, among other applications.

This platform does not seek to compete against other cryptocurrencies. Instead, it wants to advance the entire sector via its unique protocols. 

Final verdict

crypto common terms coins
Image: Unsplash

The future of cryptocurrency depends on coins like RoboApe (RBA). The new crypto represents an independent, decentralized ecosystem’s entry into the global financial system. 

Like some other cryptocurrencies, Chainlink (LINK) lacks interoperability, and there is very little communication on its further developments that will act as an obstacle in scaling. 

RoboApe (RBA) is still in its presale stage and has immense potential to skyrocket in value. However, the real-life applications and utilities separate it from other cryptocurrencies and how it affects users’ lives.

It is expected to give huge returns in the future as it possesses all attributes and qualities to achieve its goals in its well-put-together roadmap. 

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Chris has been blogging since the early days of the internet. He primarily focuses on topics related to tech, business, marketing, and pretty much anything else that revolves around tech. When he's not writing, you can find him noodling around on a guitar or cooking up a mean storm for friends and family.

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