After a sluggish couple of weeks in the cryptocurrency ecosystem, particularly for meme coins, it’s hard to anticipate when they will see a growth in prices, and if it will be any time soon. Be that as it may, the crypto space is renewed, and this time, with the focus on developing new crypto memes. One such crypto meme coin that’s taking the world by storm is RoboApe (RBA), which promises to be the Dogecoin, Shiba Inu, and other tokens renewal.
Dogecoin is a meme coin born in December 2013 as a joke toward Bitcoin. It was launched by Jackson Palmer and Billy Marcus and is based on the internet meme about the Japanese Shiba Inu dog. Its popularity was so high that that token gained prominence in the crypto world, ranking 10th among all cryptocurrencies with the highest market capitalization. But given the recent crypto market collapse, the RBA token could replace DOGE in popularity. The token promises to accelerate NFT auctions and develop more use cases for DeFi projects.
Crypto memes gained popularity back in 2021 when big celebrities such as Elon Musk, CEO of Tesla and SpaceX, took to Twitter to publish jokes about cryptocurrency. This crypto-meme trend also put TrumpCoin, Shiba Inu, LiteDoge, and PepeCash on the radar.
In any case, Dogecoin would correspond to the crypto token that shares a secure, fast protocol with low transaction rates. DOGE is popular for its similarity to the Japanese Shiba Inu dog breed and for occupying the top 10 cryptos with the highest market cap. Moreover, Musk believes that it has the potential to be the alternative to Bitcoin in terms of lower network fees and an alternative to Ethereum in terms of DeFi space.
RoboApe, on the other hand, is a utility token that will be made available to all users of crypto trading. Studies suggest that RBA focuses on the Ethereum (ETH) network and the company is working incessantly to be the DAO (decentralized autonomous organization) for the overall crypto ecosystem.
The value of the RoboApe token is still volatile. It is still in the pre-sale phase and will be relaxed in the weeks to come. RoboApe will also have an academy beneficial for all users and they can gain a thorough understanding of the technology. The token will have the potential to accelerate NFT trading as well as passive investments during a highly volatile market. However, it is important to note that the crypto-meme space declined by more than 10% in the last week amid the collapse of the overall crypto ecosystem.
RoboApe is still in its developmental stages and has a lot to offer to the crypto world that other meme coins failed to provide in the past. With the promise of the RoboApe Academy educating users for free, it will not only have a major impact on the RBA token’s value but also on all cryptocurrencies in the market.
If RBA has a successful pre-sale round, it will be valued among the top 100 cryptocurrencies with the highest market capitalization in the world. Otherwise, just like so many dead projects, it will decline in popularity in the coming months. However, the crypto space is evolving, so it is very difficult to predict what will happen in the months to come.
At a time when Shiba Inu and Dogecoin are declining in value, RoboApe will be outperforming.