Cryptocurrencies to Look Out For in the Cryptocurrency Market – RoboApe (RBA), Shiba Inu (SHIB) and ApeCoin (APE)

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RoboApe (RBA) token is a new meme token created to revolutionise the cryptocurrency market. RBA is an ERC20 token on the Ethereum network set to cost a meagre transaction fee on the RoboApe platform. It is a deflationary meme token as it takes a half portion of the transaction fees out of circulation permanently by burning. At the same time, it returns the other part to the user’s wallet.

RoboApe will be a decentralised, community-influenced project with no leadership allocations or structures at launch or token allocations, ensuring an equity ecosystem where teams and communities must purchase the RoboApe (RBA) tokens without incentives or exclusive wallets. 

RoboApe proves a sustainable project by remodelling current crypto-mechanisms with its exclusion of team incentives or monetization mechanisms, preventing team members from dominating RoboApe’s governance. The RoboApe ecosystem also focuses on Decentralised Finance (DeFi) technology and its enriching community that contributes to individual and mutual success.

RoboApe (RBA) intends to correct mistakes made by previous meme tokens by creating a meme token with excellent utility. The RBA token will be utilized in the RoboApe (RBA) ecosystem to establish itself and take the value of RBA upwards to new heights. The entertainment aspect remains essential to the RoboApe (RBA) ecosystem, allowing users to create and share quality meme content and monetize it. 

Shiba Inu (SHIB)

Shiba Inu (SHIB) is an Ethereum-based meme coin featuring the Shiba Inu, a Japanese breed of hunting dog, as its mascot. Shiba Inu has a native currency called the SHIB token. The SHIB token acts as the medium of exchange in the Shiba Inu (SHIB) ecosystem, making it the most prominent component. The Shiba Inu ecosystem allows users to lend, stake and earn passive income through recurring fees associated with smart contracts. 

A significant feature of the Shiba Inu ecosystem is the ShibaSwap. The ShibaSwap is a decentralised exchange (DEX) that supports several useful utilities, including NFTs. In ShibaSwap, there are three main tokens of which the first is the network’s native token, SHIB, then another called the LEASH token, and finally the BONE token. ShibaSwap also offers a feature known as ‘Bury and Dig,’ a token-sharing feature that provides liquidity. The liquidity pool proportionally distributed rewards based on the number of tokens staked on ShibaSwap. ShibaSwap is claimed to be one of the many features that could impact the price of the Shiba Inu (SHIB) token and the associated LEASH and BONE tokens.

ApeCoin (APE)

The APE token is the native cryptocurrency of the ApeCoin network. Since the official launch of ApeCoin (APE), it has become the second-largest metaverse token by market capitalization. This stat is believed to be significantly influenced by its relationship with the popular NFT collection, Bored Ape Yacht Club (BAYC).

ApeCoin (APE) users collectively take governance decisions by casting their votes and deciding on issues like allocation of funds, partnerships, project selection, framing of rules, project selection etcetera. 

The ApeCoin foundation implements the decisions taken by the community. The ApeCoin foundation is the legal representative of the DAO, and it facilitates the ecosystem. The ‘Board’ is a unique body of the ApeCoin foundation that executes the community’s visions.

APE serves multiple purposes in the ecosystem, including granting members access to exclusive features of the ecosystem, such as games, events, merchandise and services.

The RoboApe (RBA) will function as a community-driven DAO, providing resources, development initiatives, and decision-making directly to the RoboApe community. A good enough reason for crypto enthusiasts seeking prospective new cryptocurrencies to hop on its presale.

For more details on the RoboApe (RBA) token:

Presale: https://ape.roboape.io/register

Website: https://roboape.io/en

Telegram: https://t.me/ROBOAPE_OFFICIAL

Read more: Why You Should Keep an Eye on RoboApe Token (RBA), CArdano (ADA), and Polkadot (DOT)