Compared to what most might think, earning profits from cryptocurrencies is easy if you focus on long-term gains rather than short-term volatility. This strategy is referred to as the “HODL” strategy in the crypto space.
However, you need to have a careful and disciplined eye when selecting coins. You need to pick coins with solid utility and fundamentals, as well as the ability to hold on to them without emotional bias.
From analysis, three cryptocurrencies have met these criteria and could be long-term crypto assets. They are RoboApe (RBA), Ripple (XRP), and Dogecoin (DOGE).
Keep reading to discover the properties of these tokens.
RoboApe (RBA) Is A DAO Community-Driven Meme Token
A DAO is a decentralized autonomous organisation and RoboApe (RBA) will be governed by one. RoboApe (RBA) is a meme token that will utilize the power of its community and establish a niche for itself as one of the leading meme tokens offering several utilities.
RoboApe (RBA) provides multiple services, with just a few including;
- A RoboApe (RBA) NFT Marketplace: The RoboApe team is building an NFT marketplace that will assist users in minting RBA cards to be traded on the platform, offering a means to monetize assets.
- RoboApe Swap: This will contain a token swap system and a native bridge that will assist in processing cross-chain transactions easily and efficiently.
- RoboApe eSports: RoboApe will house a gaming platform that will regularly host sports contests for its members.
- RoboApe Finance: RoboApe (RBA) is decentralized finance (DeFi) meme coin that will provide access to extra sources of income.
Holding the RoboApe (RBA) token will offer several advantages for its users, including DAO membership that will give users the chance to be a part of the platform’s governance. It will allow users to access airdrops for free and parts of the transaction fees will be returned to token holders.
Ripple’s (XRP) Allbridge Integration
Allbridge has been integrated into the XRP ledger (XRPL), paving the way for DeFi (decentralized finance) facilities on the Ripple (XRP) network.
It will assist in closing the gap between Ripple (XRP) and other popular chains like Solana, Near Protocol, Fantom, Terra and BNB chain, among others. The CEO and co-founder of Allbridge said that Allbridge is the first bridge to connect XRP to the rest of the DeFi ecosystem.
Allbridge’s integration with Ripple’s (XRP) ledger has created an opportunity to enhance cross-chain expertise while creating a solution to the crypto market. The goal is to maintain an interconnected multichain environment.
The Ripple (XRP) token is a great investment opportunity that could increase in value moving forward if adoption continues at its current rate.
Dogecoin (DOGE) Is No Joke
Dogecoin (DOGE) is a meme coin that initially started as a Bitcoin joke. It has since grown to become one of the most powerful cryptocurrencies.
Dogecoin (DOGE) owes a part of its popularity to Tesla CEO, Elon Musk, who brought it to public notice and caused its rise “to the moon.”
Like other popular cryptocurrencies, Dogecoin (DOGE) can be used as a means of transferring money between people, or as payment for goods and services. Users can make their transactions semi-anonymously and they do not need a traditional middleman to do it.
Who could believe a meme coin has come so far?
The RoboApe (RBA) token is a great potential investment because it houses a burn mechanism in its contract. Half of all transaction fees are burnt every time a transaction is completed.
RoboApe (RBA) has just concluded its presale, but there is still a chance to get involved and learn about this decentralized finance platform. Check out the links below for more information.