Due to difficult global conditions, like energy and fuel costs reaching all-time highs and salaries failing, the crypto market is experiencing a sustained dip.
Investors are always searching for new passive income opportunities. Consider new cryptocurrencies during their presale, when the price is low, and the likelihood of price appreciation is high owing to their lucrative potential.
RoboApe (RBA) is a new cryptocurrency to watch in 2022 that aims to dominate the meme token market, alongside leading cryptos Internet Computer (ICP) and Monero (XMR).
Let’s examine these three cryptocurrencies in depth.
Internet Computer (ICP)
DFINITY Foundation created the Internet Computer (ICP) as an open-source cloud computing platform.
The development of such new initiatives provides investors in the crypto sphere with a unique potential to generate substantial profits.
Notably, the major reason for the introduction of cryptocurrency was to solve certain key issues that plagued the conventional internet.
Such difficulties may include monopolization of internet services, inadequate system security, and abuse of personal data, among others.
Although the Internet Computer (ICP) Protocol is a new coin, it is supported by an intriguing and exciting concept developed by a vast team of skilled professionals.
In addition, the idea caught the interest of the whole crypto world, including some very serious investors.
ICP aims to address unique and very broad issues inherent to the Internet. If the coin achieves partial success in achieving its aims, the ICP price will grow dramatically.
Monero (XMR) is one of the most secure and private digital currencies available. It was released in 2014 by Nicolas van Saberhagen’s covert development team and employed the CryptoNote encryption algorithm.
Law enforcement agents have made multiple efforts from several nations to determine how it operates; nevertheless, they were unable to determine the number of transactions, much alone the users’ personal information.
The user protection technique used by Monero (XMR) is based on powerful cryptographic technologies such as Kovri, Ring CT, and Stealth.
The Monero (XMR) network is far more secure than other cryptocurrency blockchains; hence its operations remain unknown.
It is not surprising that malware programmers favor Monero (XMR) over other digital currencies to disguise their activity.
Being a private currency with such a high level of functionality, it has a significant potential to appreciate in value over the following months and years.
RoboApe (RBA) is a deflationary meme currency that will enable an abundance of opportunities to engage, create, and manage funds in a decentralized manner.
Consequently, a tiny fee will be paid for every transaction on the RoboApe platform, of which half will be burnt, and the other half will be reimbursed to wallet holders.
The RoboApe ecosystem would also feature RoboApe eSports with community sports competitions to improve the gaming experience. It will also offer cross-chain token exchanges with the RoboApe Swap by connecting disparate blockchain networks with RoboApe.
In addition, the RoboApe community will be able to mint NFTs in the form of RoboApe cards, which they may keep or sell to drive meme currencies to the next level.
RoboApe will operate as a community-driven DAO, directly offering development resources and decision-making to the RoboApe community.
In addition, the RoboApe Academy will be a completely free instructional center that will teach users all they need to know about cryptocurrencies.
In a world where hundreds of cryptocurrencies are released each month, it is crucial to understand the use cases and aims.
As this article explains, these three tokens have a distinct function and work in various environments. One thing is clear: crypto technology’s advancement is swift, and its future optimistic.
Hence, adding all the three tokens comprising ICP, XMR, and RBA might significantly add to your investment portfolio.
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