The Solutions to a Recovering Crypto Market – RoboApe (RBA) Compete with Shiba Inu (SHIB) and Litecoin (LTC)

The Solutions to a Recovering Crypto Market – RoboApe (RBA) Compete with Shiba Inu (SHIB) and Litecoin (LTC)

The crypto market is beginning its road to recovery after the sudden crash that occurred last month in May. With the likes of crypto coins such as Bitcoin (BTC), Ethereum (ETH), and Terra (LUNA) having a recent decline, people are attempting to shy away from large blockchain networks and instead invest in newer currencies that have fewer risk factors. This article will explore how these three cryptocurrencies can help the recovery of the crypto market and bring something new to active investors.

The Futuristic Meme Coin – RoboApe (RBA)

RoboApe (RBA) is an upcoming futuristic meme coin that addresses economic shackles – enabling growth through its rewarding culture and sustainable community development. Essentially, RBA aims to revolutionise the crypto space with various services built for the community. The blockchain network describes itself as an extraordinary utility that gives back to the community by providing users with a decentralised finance (DeFi) outlet.

The blockchain network has several key utility features such as the RoboApe Academy, merchandise, and being community-driven whilst running events and charity games. Their academy plans to be a solely free educational hub that aims to inform participants on cryptocurrency. Its community is the core of making the currency's future run smoothly. Furthermore, the network plans to provide users with exclusive merchandise which would increase their market hold and further establish a larger community. Currently, in its presale phase, RBA's distinct features could help contribute to the recovery of the crypto market this month.

The Dog Coin – Shiba Inu (SHIB)

Shiba Inu (SHIB) describes itself as a decentralised meme token that has evolved into a vibrant ecosystem. Similarly to Bitcoin, SHIB suddenly came into existence in August 2020 by an anonymous individual who goes by the alias 'Ryoshi' – who has stated how his true identity, to the general public, is meaningless and not worth knowing. Shiba Inu (SHIB) is another meme coin that quickly drew investors due to its niche and unique coin brand – garnering the attention of entrepreneur Elon Musk and programmer Vitalik Buterin.

Buterin acts as the "safekeeper" for SHIB – being responsible for conducting the largest crypto donation for India, due to their suffering during the COVID-19 pandemic. What makes the blockchain network unique is how it entices dog-inspired artists to foster the artistic Shiba movement whilst they bring their community to the NFT marketplace. With a current market capitalisation of $5,884,899,911 and a rank of sixteenth on CoinMarketCap, investors can trust that SHIB will help elevate the crypto market.

The P2P Coin – Litecoin (LTC)

Litecoin (LTC) is a peer-to-peer (P2P) blockchain network that was released under the X11/MIT licence. It is designed to provide users with inexpensive, speedy, and secure payments through leveraging the distinct properties of blockchain technology. The currency is based on the Bitcoin (BTC) protocol, but differentiates itself in terms of the hashtag algorithm used, blockchain transaction times, and hard cap.

LTC is a very popular cryptocurrency, due to its clear utility advantages and simplicity. Furthermore, its cost-effectiveness and speed, with its transactions being confirmed within minutes of occurring – make it a good alternative to Bitcoin, particularly in developing countries. With a current market capitalisation of $4,385,795,843 and a ranking of twenty on CoinMarketCap, Litecoin could be the currency that will revive a recently declining market.

Conclusion

The upcoming meme coin that plans to hit the market by a storm, RoboApe (RBA), has strong potential to be one of the best crypto solutions for new and active investors. Along with RBA comes two well-established cryptocurrencies that pose as alternative options to the more popular crypto coins – Shiba Inu (SHIB) and Litecoin (LTC) – both of which are currently on high trajectories. Consider these three tokens if you are looking for a viable investment this summer.

More information on RoboApe (RBA):

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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