We do not know the exact reasons for the crypto crash right now, but we know the cryptocurrency market will obtain a sustainable bull market anytime soon, even the best tokens are not spared as investors seek newer tokens to invest in. Liquidity is now complex and inflation is increasing by the day. This calls for cryptocurrency platforms with strong foundations.
RoboApe (RBA), NEAR Protocol (NEAR) and Monero (XMR) are cryptocurrencies that match this characteristic and have a strong record of development and the potential to solve problems as they come. Also, some are even on presale for low prices and investing now can put you ahead of the curve.
This is a rising star in cryptocurrency, RoboApe (RBA) offers a decentralized finance (DeFi) network that wants to create a communal environment for people with the help of education, a marketplace, broadcast events and gaming. The reasons for the crypto crash don’t seem that big when you have RoboApe (RBA) on your side.
RoboApe (RBA) will soon involve the RoboApe Academy, allowing users to make articles and videos in its ecosystem to instil knowledge as to what cryptocurrency and blockchain technology is. Apparently, half of the total world population has never utilized cryptocurrency. RoboApe (RBA) seeks to change this by sharing information on cryptocurrency more widely.
It has its native token the RoboApe Token (RBA), which is an ERC-20 token and a meme coin built on the Ethereum (ETC) network. It powers the RoboApe (RBA) network through achieving transactions and exchanges within the ecosystem, to mint and trade in the non-fungible token (NFT) marketplace, allowing for the participation of eSports or for staking and holding rewards.
The RoboApe (RBA) token holders can also use its NFT marketplace to mint NFTs. Its involvement in the eSports sector means players should no longer lack openness and opportunities, opening up retail potential.
A holder of this token can participate in the ecosystem’s governance to manage the development and major changes in the platform. There are currently 900 million Ape Coin Tokens (RBA) and the token is on presale. The official launch will be on 29th August 2022 – the last day of its presale. The team have designated 270 million RoboApe Tokens (RBA) to be sold for this.
The RoboApe Tokens (RBA) will initially be locked for the first three months, and then slowly released on shared wallets every quarter. Some tokens will be for partners and advisors and these are to be locked for twelve months. The RoboApe’s (RBA) platform capital is already locked for a year and will be utilized in future product offerings and maintenance usage upon its release.
NEAR Protocol (NEAR)
NEAR Protocol (NEAR) is a decentralized blockchain (dApp), it is also a decentralized application (dApp) that is proof-of-stake (PoS). It employs sharding technology which allows it to scale and speed its user’s transactions in the process. Its native token, the NEAR Protocol Token (NEAR) allows users to pay for storage or transaction fees in the NEAR Protocol (NEAR) ecosystem.
NEAR Protocol (NEAR) was designed to be a community-led cloud computing network. It was built by “NEAR Collective” and can essentially compete with the Polkadot (DOT) blockchain and its likes.
Last to distract us from the reasons for the crypto crash is Monero (XMR), a decentralized cryptocurrency platform made to allow you to control your data in the online world. This is tied directly to the Internet of Things (IoT). Its native token is Monero Token (XMR) and is the powerhouse behind this network.
It first arrived in 2012 through Bytecoin, a cryptocurrency of which Monero was launched as a fork in 2014. Monero (XMR) was made after public scrutiny of Bytecoins.
Monero (XMR) employs a proof-of-work structure that gives users more democracy compared to the Bitcoin (BTC) we know, allowing greater decentralization to take place. Monero (XMR) also goes as far as preventing the acquisition of hidden information of users from public databases so that it may protect your data, before the judicial institutions have a say.
Overall, all of these cryptocurrencies demonstrate the potential for long-term financial stability. Diversification of your portfolio can be a good way to help mitigate loss, however, as with anything financial make sure you do your own thorough research before making a decision.
Keywords: RoboApe, RBA, NEAR Protocol, NEAR, Monero, XMR, reasons for crypto crash, Presale, Cryptocurrency