Undoubtedly, Ethereum (ETH) has been the king of altcoins since its launch in 2015. So to suggest that another cryptocurrency can fill its boots is a bold statement. However, RoboApe (RBA) has a unique and expansive ecosystem that has the potential to give any crypto giant a run for its money.
In this article, both cryptos will be examined to determine whether RoboApe has what it takes to dominate the market like Ethereum. Let's get to it!
RoboApe (RBA) is a futuristic meme token that aims to redefine the meme token culture. RoboApe is tired of meme tokens relying on their community for their success and instead has created an ecosystem that benefits the user greatly. From eSports to an NFT marketplace, RoboApe does it all.
Often with crypto giants, they can get too big for their boots, and lose sight of what's important, the community. RoboApe has solved this by creating a DAO so hodlers of the RBA token can vote on future upgrades and general matters concerning the platform.
FOMO can lead to people becoming involved in cryptocurrency without the appropriate education about the volatile market. RoboApe wants to educate people on the world of crypto to avoid scams and misplaced trust. This service will be called RoboApe Academy.
RoboApe Academy will come with a variety of informative articles and videos and allow users to get certified after completing courses. By doing this, they feel users will get the most out of trading.
Over 9.3 million Americans are estimated to own an NFT in 2022, and that figure has doubled since 2021. Famous rappers, Eminem and Snoop Dogg, recently released an NFT music video which has driven NFT popularity further. NFT adoption and awareness are increasing exponentially each year and RoboApe intends to cater to this market.
The RoboApe NFT marketplace will allow users to trade NFTs and attend minting events. Users can mint new NFTs using the events premier trading card template! Find out more here.
Ethereum (ETH) is known by anyone with basic knowledge of crypto. The crypto giant has dominated the market since its inception in 2015. However, Ethereum has come under recent criticism due to its slow speeds and impact on the environment. So, how has Ethereum responded?
Ethereum released plans for an Ethereum 2.0 merge in December 2020. It will be released in phases and will see Ethereum switch from Proof-of-Work (PoW) to Proof-of-Stake (PoS). This is a huge development for the platform for a myriad of reasons.
PoW uses an incredible amount of energy while PoS uses minimal. Take Avalanche (AVAX) for example. The PoS platform uses 0.0005% of the energy that Bitcoin (BTC), a PoW platform, uses. The change to PoS will cut down Ethereum's carbon footprint by 99.95%.
Additionally, speed and scalability are issues for PoW platforms. Currently, Ethereum can only process 30 transactions per second (TPS). However, Ethereum has promised that when the merge occurs they will process over 100,000 TPS. This huge increase shows how dedicated Ethereum is to becoming a scalable and reliable platform.
Regardless of what happens to Ethereum, no one can doubt its success in the crypto market. Along with Bitcoin, it has dominated for years on end. To achieve the same success as Ethereum would be a mammoth task. But, if any crypto is going to do it, it will be RoboApe.
The newcomer to the crypto market has an ecosystem that will entice any crypto admirer. The token is currently in presale until the end of August. You can pick it up for a low price on their website before it potentially explodes.
For more information on RoboApe (RBA), please visit this article: Three Cryptocurrency to Watch Out For BNB (BNB), RoboApe (RBA), and Ripple (XRP)
Presale: https://ape.roboape.io/register
Website: http://roboape.io/
Telegram: https://t.me/ROBOAPE_OFFICIAL
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.