Polygon Soars 95% in the Last Month as RoboApe Looks Toward 1000%+ Gains Over its Presale

Polygon Soars 95% in the Last Month as RoboApe Looks Toward 1000%+ Gains Over its Presale

Normality Resuming

After what has been a difficult time for many since the start of 2022 across the crypto markets normality looks to be resuming as charts are trending upwards and consistent gains are returning for many coins. The return has been signalled by many who believe that the bottom has been reached and indications of bullish sentiment returning relative to the market state.

Whilst fluctuations will still be seen and another dip in the short run could well occur, crypto investors, are returning at large with Polygon (MATIC) leading the way across the top coins. However, while many of the top coins are seeing consistent growth with confidence coming back into the market one alternative project that is aiming to be the unicorn within the meme coin space that has been gathering attention is RoboApe (RBA) which we shall discuss later on in the article.

Whales Flock To Polygon As zkEVM Is Introduced 

Polygon is a layer-2 protocol that builds onto the Ethereum network to aid scalability and act as a solution to the high fees that have been seen on the Ethereum network in the past. Recently Polygon announced they have upgraded its service as zkEVM will improve proof-generation times by rolling up multiple individual transactions into one with increased throughput without compromising operability.

As such, Polygon has seen a price increase of 95% over the last 30 days at the time of writing and the best could still be yet to come. According to NewsBTC, top analysts are predicting Polygon to see a return of up to 60x the initial investment. Now while I must stress that this is speculative it is certainly feasible given where Polygon has previously peaked and the potential utility of the network.

Many developers are deciding to build dApps using Polygon with now more than 19,000 dApps running on the network according to Polygon themselves in a recent blog post. This is a six-fold increase in just six months which highlights the confidence in the network and the utility that it brings for developers.

Generally, within crypto, the projects that flourish are the ones that the developers love to use as this is what fuels the demand for the utilisation, and consequently, a price increase follows. With whales flocking in to invest, developers continuing to pick Polygon as the network of choice, and the crypto market looking like it is starting to recover, Polygon could be a good option as a long-term play for crypto enthusiasts.

RoboApe Aiming To Be The Top Performing Presale Token In 2022.

While the broader market is bouncing back RoboApe has been ramping up its developments and acting agnostic to market fluctuations seen throughout the last 5 months. RoboApe is looking to be the new generation of meme coins by combining utility with the typical community-driven structure to become a true unicorn within the field.

The products and services that RoboApe is providing go far beyond your traditional meme coin through innovation within the gaming sector with RoboApe Esports, where tournaments and events will be held alongside game creation localised to the network. Additionally other services such as RoboApe Swap, which is RoboApe's swapping mechanism between tokens, RoboApe Academy which is a platform for helping educate new users about the world of crypto and help onboard a new generation of crypto lovers, and finally RoboApe's NFT Marketplace that will enable users to mint NFTs in the form of RoboApe cards to add a further layer to its offering.

All in all, RoboApe can lead the way and be the next generation of meme coin that combines the traditional community feels alongside bringing genuine utility to the market. The heavily anticipated presale is now live and many are speculating that investing early could bring returns upward of 1000x the initial investment. However, as always it is imperative that you do your own research when looking to invest in any token, but RoboApe has been garnering attention for a reason.

If you want to learn more about RoboApe, here's a link to another article.

RoboApe (RBA)

Related Stories

No stories found.
logo
Analytics Insight
www.analyticsinsight.net