Crypto has come a long way since its beginning and the market for digital finance is bigger than ever, but new innovations continue to surge. Here are three coins for crypto enthusiasts. Roboape news…
What Is Happening In The Crypto World Right Now?
The markets went bananas when Elon Musk transferred 10% of Tesla’s cash reserves to Bitcoin (about $1.5 billion) in February 2021.
However, based on market trends and prior occurrences, the enormous buzz about Bitcoin and cryptocurrencies is part of a massive growth trend that has already begun and will continue to develop tremendously in 2022 and beyond.
This could explain why corporations are constantly and increasingly investing in research and development in this field.
This category includes inventions in monitoring, money, mobile wallets, and e-commerce. Cryptocurrency, tokenisation, and, most crucially, blockchain technologies are becoming more widely used in network, computing, security, industrial applications, and securities applications.
As an individual, you may feel overwhelmed about how to enter the vast waters of this innovation; here are three options to consider: Dogecoin (DOGE), Roboape (RBA), and Harmony (ONE).
Your Best Investment Opportunity
Harmony (ONE) is a relatively new blockchain network that is gaining pace as more developers and crypto investors become aware of its features.
In December 2021, the price of the ONE token, which powers the network, was around $0.23 with a market cap of around $2.5 billion, representing a 5,200 percent growth over the previous year, and analysts saw significant promise for the future.
Harmony aspires to a network that can scale while maintaining decentralisation and security because it uses sharding, which divides validators into multiple groups and allows them to approve transactions and new blocks at the same time.
Harmony is now capable of processing 2,000 transactions per second (TPS), which is comparable to Visa, one of the world’s largest payment networks. Harmony believes it will be able to process 10 million TPS in the long run.
Harmony’s technology can transfer data across numerous blockchain networks, regardless of whether they use proof-of-stake or proof-of-work governance, by allowing nodes on other blockchain networks to confirm transactions.
According to Coinpedia.org, rising optimism in the fourth quarter of the year will help raise ONE token volume. This will have an impact on the digital coin’s price forecast. By the end of the year, the price of ONE might reach a new high of $0.422.
Considered one of the altcoins, Dogecoin is a meme coin initially made as a joke which has now grown to be one of the biggest growing coins.
An advantage of Dogecoin is its cheapness and unlimited supply. The coin is based on a peer-to-peer open-source system and was built based on Litecoin which was built from Bitcoin.
Despite being an altcoin, as of April 2021, Dogecoin was known to be worth a total estimate of $50 Billion, before this, the coin had started to gain its status on Reddit’s WallStreet Bets message board.
Dogecoin, like some other coins, runs its own blockchain which uses a “proof of work” consensus mechanism, this mechanism allows miners to solve complex mathematical equations which allow them to process and record these transactions on the blockchain.
The token is also growing in popularity and growing worth gives you an upper hand in the meme coin world.
Not only does Dogecoin have a special positioning in the market due to its proof of work mechanism, but the token has the backing of Elon musk.
RoboApe token is a meme coin with an exceptional utility to give back more than it takes, it is built to provide a DeFi platform for meme and crypto enthusiasts.
The RoboApe community has a whole lot of offers! From the RoboApe Academy, which is a free academy that teaches you all to know about cryptocurrency to Charity Games and Events that will be arranged for the RoboApe community.
The ERC-20 driven token is built on the Ethereum blockchain network and can be used on NFT marketplaces, this means that owners will be able to mint NFTs and trade-in Card minting events.
This token will be fixed at $0.00009 during the token sale and a total of 900 million $RBA tokens will be released during the Token Generation Event which will take place on the RoboApe website, do not miss out on becoming one of the very first owners of this coin!
Join RoboApe’s Presale: