Place/Date: - June 9th, 2022 at 9:29 am UTC · 4 min read
Last week the crypto market again saw a severe decline in the market values of all the major cryptocurrencies. This year proves to be quite challenging on cryptocurrency as reports like these are becoming fairly commonplace. However, some cryptocurrencies impressively were able to resist this market crash. In this article, we will discuss some remarkable cryptocurrencies that can be regarded as excellent investment options. Commencing with RoboApe (RBA), an upcoming cryptocurrency with an expectation to disrupt the market.
RoboApe (RBA) is a meme coin with exceptional utility features that can be redeemed more than once, intending to provide a DeFi platform for meme and crypto enthusiasts. The RoboApe community has a lot of great deals! From RoboApe Academy, a free academy that provides knowledge on cryptocurrencies, to charity games and events for the RoboApe community.
Tokens using ERC-20 are built on the Ethereum blockchain network and can be used in the NFT market. This nifty bonus means the owner can create an NFT and trade-in card creation activity. Tokens will be fixed at $ 0.00009 during the token sale and a total of $900 million in RBA tokens will be released during the token generation event on the RoboApe website.
Holding a RoboApe (RBA) token allows members to access a personal library of resources, prestigiously titled the RoboApe Academy, part of an ecosystem in which new crypto enthusiasts from the community can get together and learn about the industry and its many prominent features. RoboApe (RBA) allows token holders to create NFTs. Community members can save them as private collections or list them for trading on the RoboApe (RBA) NFT Marketplace. Token holders are the primary beneficiaries of all benefits and rewards available in the RoboApe (RBA) ecosystem. Currently, the platform is scheduled to evolve into a Decentralized Autonomous Organization (DAO), where token holders themselves can vote on how to develop and grow the ecosystem.
Kava (KAVA) is a next-generation decentralized lending platform designed to bring new flexibility to the market. This network is known for its cross-chain capabilities and unique lending strategies. Currently, the platform offers a variety of products. The two most alluring are secured loans, and stable coins. To date, Kava has paid users a whopping $ 1,129,883.32 in interest.
Its developers are trying to simplify the decentralized lending sector by incorporating a range of proprietary technologies. Developers have devised a unique system for all major crypto assets to provide transparency and simplicity. Kava (KAVA) is regarded as a pioneer in the DeFi space as a result of this system and continues to attract the attention of the international media. Users of the network can bet crypto assets in exchange for USDX. It acts as Kava’s stable coin on the network. To get a USDX loan, the user simply locks the cryptocurrency with a smart contract on the platform. This locked cryptocurrency acts as collateral for the loan.
Holo (HOT) aims to be “Airbnb for apps” because it pays users through cryptocurrency incentives that reward them for participating in the cloud-hosted peer-to-peer app marketplace. Anyone can host a Holochain application. It is an integral part of the Holo ecosystem and HOT is the platform’s native token. Where Holo (HOT) is different from other cryptocurrencies is that it’s backed by tangible assets (cloud hosting services). Holo charges for transactions using P2P networks. In direct terms, revenue is directly related to the number of applications and hosts on your network. It is also considered a unique cryptocurrency due to its distinctive architecture. The Holochain platform does not run on traditional blockchain technology but uses a hash algorithm as a post-blockchain network. It uses traditional distributed ledger technology to allow users to host and use various applications called hApps on the network. Therefore, Holo (HOT) does not require staking or mining to operate and run the node.
All the cryptocurrencies listed above have unique features, and usability attributes that set them apart. Investing in any of them will be a smart choice. It is also worth noting that RoboApe (RBA) does have an added edge as it is still in its presale stage.