Blockchain and cryptocurrencies are now at the forefront of technological advancement. With hundreds of cryptocurrencies already available, it is reasonable to expect the market to continue to grow. Ethereum (ETH) and Avalanche (AVAX), rated second and twelfth, respectively, have established themselves as two of the most popular blockchain-based cryptocurrencies.
The blockchain community is now buzzing about RoboApe Token (RBA). We’ll look at the unique selling characteristics of three coins: ETH, AVAX, and RBA, the latter of which is very new. This will enable us to see whether the upstart can equal the past giants’ achievements and join their league. Let’s get going.
Ethereum (ETH) is a decentralised, open-source blockchain platform that supports a variety of other currencies. It also makes decentralised smart contract execution easier.
The second-largest cryptocurrency, Ethereum (ETH), will get a major upgrade to ETH 2.0 in 2022.
Despite severe delays to date, it is expected to push blockchain technology forward. The impending switch to a proof-of-stake (PoS) consensus should reduce Ethereum’s energy usage.
After all of the upgrades are implemented, Ethereum (ETH) aims to hit 150,000 transactions per second. Ethereum is most known for its native currency, ETH, which is often regarded as a good long-term investment.
Avalanche (AVAX) is a coin that allows for the near-instant execution of smart contracts. AVAX is one of the most popular cryptocurrencies, with a market capitalization increase of 3,000% in the previous year.
Due to its numerous creative features, Avalanche, a newcomer to the crypto market, has quickly become a favourite among investors.
Avalanche (AVAX) was created to “strive to be quick, secure, and inexpensive in order to enhance user experience,” according to the project’s creators.
Even if the incredible emergence of another so-called Ethereum killer, Solana (SOL), overshadowed Avalanche, it is still a serious contender.
In essence, the network is a high-performance, scalable, adaptable, and secure blockchain with several advantages for novice crypto investors.
Furthermore, Avalanche (AVAX) is the quickest smart contract platform in terms of time-to-finality, with the potential to handle up to 4,500 transactions per second (TPS).
Avalaunch is the platform’s launchpad. It is a protocol that is unique to the avalanche ecosystem and provides innovative and groundbreaking projects with a quick and secure platform for decentralised financing.
Avalanche (AVAX) uses a distribution technique that ensures widespread involvement and that the project teams obtain what they need.
AVAX is Avalanche’s utility and governance token. The token may be used to supply, mint (reward) stakers, and conduct transactions, among other things.
RoboApe (RBA) is a new meme currency with a revolutionary decentralised community design that prioritizes user engagement and development above individual profit. It’s a place where people may become involved in community development and give back.
The coin is deflationary, meaning it will gradually be phased out of circulation, boosting the value of those that remain.
With enough supply to expand and reward future users, the system will be able to reward early adopters and community participants.
Furthermore, the developer wallet’s exclusion gives an additional incentive for the community to collaborate on successful projects.
The value of the RoboApe (RBA) token may be grown via NFT minting and trading, and the community can engage in eSports competitions held on the platform, with the option to promote and publicise these events through specialised leagues, offering additional income possibilities.
The ever-expanding nature of this project will continue to progress with all of these options and the resources of RoboApe (RBA) platform’s.
RoboApe (RBA) has the most potential for development since the project is still in its early stages and will continue to expand as new features are added.
Given its cheap entrance cost and potential for growth, the meme project is one of the most exciting investments you might make this year.