Cryptocurrency

These Three Tokens Could Bring Financial Freedom: RoboApe (RBA), Cardano (ADA), and Apecoin (APE)?

Market Trends

Can RoboApe (RBA) change the meme theme?

RoboApe (RBA)is a meme token created to add a new dynamic to the crypto space. It is an ERC20 token based on the Ethereum network aiming to give wallet holders a portion of transaction fees. RoboApe (RBA) token is deflationary; a portion of the transaction fee is taken out of circulation permanently by burning the RBA.

RoboApe (APE) is a decentralised platform that will not give out token allocations and will ensure that the ecosystem caters to the community. Participants will have to purchase RBA tokens without incentives or exclusive wallets for developers or founders.

RoboApe aims to remodel the current crypto mechanisms with its exclusion of incentives and monetisation systems that prevent team members from having control of the governance. RoboApe (APE) works with a team of developers and contributors that focus on developing the platform free of cost.

RoboApe's decentralised finance platform and DAO can reach new heights through the ecosystem for entertainment. It will provide opportunities for generating finances. RoboApe will encourage the economic growth of the platform and its participants.

Cardano (ADA) founder speaks to congress!

Cardano (ADA) is an open-source smart contract designed to facilitate decentralised applications. The project is focused on scientific study and is

considered to be a third-generation cryptocurrency.

On June 23rd, the Cardano (ADA) founder, Charles Hoskinson was invited to speak about blockchain and cryptocurrencies in front of the US House of Representatives Committee. It was an opportunity for Hoskinson to provide information on cryptocurrencies and explain the importance of blockchain and regulation.

Hoskinson suggested that the regulation of cryptocurrencies should be communicated effectively. He was highlighting the importance of software developers overseeing compliance and not regulators.

Regulators have attempted to categorise crypto on numerous occasions. Many have been accused of being securities, while some labelled as commodities. With thousands of projects in the market, it becomes problematic. Charles Hoskinson states that regulators should take a step back and consider how to satisfy public policy, including sanctions compliance, consumer protection, or market stability.

He shed light on how transparent the cryptocurrency market is and how this benefits the market altogether. He gave Bitcoin as an example, noting how every transaction has been documented since 2009.

The Apecoin (APE) team gains recognition through music!

ApeCoin (APE) is a decentralised ecosystem inspired by the Yuga Labs' Bored Ape Yacht Club project. ApeCoin was founded to be used within the ecosystem, supported by the APE Foundation. The aim is to build and maintain the ecosystem inclusively, providing for participants to collaborate through permissionless governance processes.

After a week of events, which resulted in a lawsuit against a critic, Bored Ape Yacht Club have bounced back and appear to have come out on top.

In April, ApeCoin (APE) reached an all-time high of $27 in anticipation of NFT sales for the BAYC's metaverse game. ApeCoin can be used to vote on ApeCoin DAO governance proposals.

The recent price spike in price may have occurred due to the Friday release of a new music video by Eminem and Snoop Dogg. The rappers and BAYC ambassadors transform into avatars in the video. The music video trended on YouTube and has already gained over 7.5 million views.

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