Altcoins have been gaining significant ground and recognition in recent years, as the crypto market has expanded and grown to encompass more users and use cases.
The proof that cryptocurrency’s legitimacy goes on beyond Bitcoin (BTC) can be seen clearly in the many recently released media stories and statistics, including Gucci’s acceptance of ApeCoin (APE), and the reveal that the Cardano (ADA) network is now supporting over 3.5 Million wallets.
With all of this in mind, new projects like RoboApe (RBA) are entering the market at an interesting time. Altcoins are more legitimised than ever, and with their exciting premise and wide utility, there is much potential for RoboApe (RBA) to become a major market player.
Luxury Fashion Brand Gucci Accepts ApeCoin (APE)
Fashion empire Gucci is no stranger to cryptocurrency.
With their acceptance of Dogecoin (DOGE), the original meme coin in select stores, it may not be a surprise that the brand has also decided to take on the widely popular ApeCoin (APE) as a form of payment. However, unlike Dogecoin (DOGE), ApeCoin (APE) is a token far newer to the market, making the decision somewhat unexpected.
ApeCoin (APE) is the creation of Yuga Labs and is the token for use in their Bored Ape Yacht Club metaverse, Otherside. With its association with one of the most valuable NFT collections on the marketplace, and the intense commitment of collectors and community members, the tokens launch was an explosive one, with the token rapidly rising in value and significance.
This caused many to buy into the token, making it particularly popular. It is likely for this reason, therefore, that Gucci has jumped on board to accept the token.
So, will you be buying your designer clothes with meme coins any time soon?
RoboApe (RBA) Redefines Meme Coins
Despite the limited use cases of some meme coins, the success of tokens like Dogecoin (DOGE) and RoboApe (RBA) is proof that with good marketing, an understanding of the audience of the token, and comprehensive knowledge of meme culture, any meme coin can be successful.
Therefore, it stands to reason that a meme coin that possesses all of these plus a range of utility may have the potential to go even further in the market.
RoboApe (RBA) is a meme coin built on the Ethereum (ETH) network and is the token behind the sprawling platform and its many economic assets. It is deflationary, meaning that individual token values will rise as the overall number of tokens in circulation decreases over time.
The RoboApe (RBA) platform will include a host of ways for users to utilise their RBA tokens, from an NFT marketplace, eSports ventures, to a SWAP service. This will allow RoboApe (RBA) to have a wide appeal to just about any crypto user, depending on their goals in participating in the ecosystem.
The ecosystem is set to be a thriving one, thanks to the platform’s low transaction fees and infrastructure thanks to the Ethereum (ETH) blockchain. The platform will also be routinely built upon by the development team to keep users engaged and satisfied with their experience.
With all this in mind, RoboApe (RBA) has been able to set itself apart from other meme tokens, taking fun community aspects of these tokens and backing them up with wide utility. It makes the project one worth watching out for, and a presale not to miss.
Make sure you check it out!
Cardano (ADA) Network Reaches 3.5 Million Wallets In 2022
If the potential seen in RoboApe (RBA), or the acceptance of ApeCoin (APE) by a major brand isn’t enough proof of the legitimacy and scale of altcoin projects in today’s crypto market, consider the recently announced milestone reached by Cardano (ADA).
It was recently revealed that open-source blockchain platform Cardano (ADA) now has over 3.5 million wallets across its vast network. This is in spite of the fact that Cardano (ADA) only launched in 2017, meaning that this amount of success has come to them in just five short years.
Cardano (ADA) is a blockchain praised by many crypto enthusiasts, thanks to its low energy use per transaction, scalability, and open-source accessibility, making it perfect for investors and inventors alike. It is no surprise that the network has been successful, and this number of wallets on their network is proof of that.
Are you one of the 3.5 Million on the Cardano (ADA) network? If not, now is your time to give it a try.
Want to learn more about RoboApe (RBA)? Check out this article to find out more.
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