RoboApe (RBA), Ethereum (ETH), and FTX Token (FTT) – Cryptocurrency Price Plunge and Return

RoboApe

This year isn’t so nice for blockchains with the cryptocurrency price plunge we’ve seen this whole year, we’ve seen revenue decline in a short span of time. This can cause crypto users to start feeling fear, uncertainty, and large amounts of doubt (FUD). This market is as much an opportunity as it is scary and goes further than just buying the dip. This is a moment new cryptocurrencies emerge and their older cousins are strengthened to resist the damage.

This is a time to look for strong cryptocurrencies. You won’t have to look far as we’ve brought you three amazing cryptos. They are RoboApe (RBA), Ethereum (ETH), and FTX Token (FTT). Read on to find out more…

RoboApe (RBA)

If you’re into the meme culture of cryptocurrency then RoboApe (RBA) might just be for you. This platform is decentralized and is a community-grounded platform; it even commits to this by not having any leadership allocations during its launch!

The idea is that if there is no token allocation it will create a network that’s driven by equality. The community and the team together buy the native RoboApe tokens (RBA). Founders, developers, and users won’t have elitist wallets in this ecosystem placing everyone on equal ground. More on the specifics of RoboApes (RBA) approach is addressed in this article.

The RoboApe (RBA) token (currently on presale) powers the platform, and is both a deflationary and meme token that can release itself from the economic shackles by allowing growth to happen through community development and rewards. Information and blockchain technology come hand in hand and RoboApe (RBA) seeks to grow users’ knowledge through the RoboApe Academy.

Its main goal is to give state-of-the-art blockchain system education to the users but also to explain what decentralised applications (dApps), decentralized finance (DeFi), and decentralized autonomous organizations (DAO) and their principles are. Users of this academy also get to be certified upon completing specific exclusive courses!

RoboApe (RBA) gives non-fungible token (NFT) lovers the chance to mint NFTs within its platform and to even list them on the RoboApe NFT marketplace. This marketplace isn’t limited to specific fields and will instead provide users with anything and everything related to cryptocurrency.

The platform will unite RoboApe (RBA) gas fees for minting novel NFT pieces through a new smart contract. This token has immense potential for financial growth and is currently on presale on the RoboApe (RBA) website.

Ethereum (ETH)

Ethereum (ETH) is one of the longest-standing blockchains in existence. While many criticise its long processing time and unreasonably high gas fees at times, it cannot be denied that ETH has remained a front-runner in the crypto world for many years.

There has been many discussions on various forums about it overtaking Bitcoin (BTC) as the front runner one day in an event called the flippening.

Ethereum (ETH) also has future plans to continue developing its already prominent network. It will be joining the rest of the mordernised cryptocurrencies by changing their consensus mechanism to proof-of-stake instead of proof-of-work.

FTX Token (FTT)

FTX (FTT) is a decentralized exchange (DEX) that makes surviving in the cryptocurrency price plunge look effortless. It gives users innovative goods through industry-first derivatives and leveraged tokens. FTX (FTT) lets the user trade crypto derivatives like options and futures and even employs a leveraged token system rather than the traditional margin trading one.

This gives traders the ability to significantly increase their earnings/losses so it requires some experience of the market before use. Derivatives are state-of-the-art trading tools that involve trading contracts to sell or purchase something without owning the original goods themselves. The native token is the FTX token (FTT) which currently sells for approximately 24.17 dollars; this FTX Token (FTT) acts as collateral for futures positions and for receiving over-the-counter trading (OTC) rebates among other things.

Check out this article for further information on the exciting new prospect RoboApe (RBA): RoboApe Token has started its pre-sale

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Disclaimer: Any financial and crypto market information given on Analytics Insight are sponsored articles, written for informational purpose only and is not an investment advice. The readers are further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Conduct your own research by contacting financial experts before making any investment decisions. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Analytics Insight of being absolved from any/ all potential legal action, or enforceable claims. We do not represent nor own any cryptocurrency, any complaints, abuse or concerns with regards to the information provided shall be immediately informed here.

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