Dogecoin (DOGE) Remains Top Dog
As the original meme coin, it is no surprise to see Dogecoin (DOGE) continue to dominate the crypto charts, keeping its place in Coin Market Cap’s top 20 despite the general dip in the crypto market that has occurred in past days.
Dogecoin (DOGE) is an open-source, peer-to-peer currency, giving Dogecoin (DOGE) a stable basis by being a system which guarantees all tokens are of equal value, and that their market remains balanced.
One of Dogecoin’s (DOGE) most successful systems, which allows it to be accessible to both experienced and new crypto users, is its choice of two wallet systems; the ‘light’ Multidoge wallet and ‘full’ Dogecoin Core wallet.
These two wallet systems provide different benefits to the user, with the ‘light’ wallet providing exceptional sync times while the ‘full’ wallet creates a complete Dogecoin (DOGE) wallet through downloading its program, providing a system that is more solid.
Both of these wallet systems are effective for different purposes, allowing Dogecoin (DOGE) to be used and transferred via blockchain synchronisation in whatever way best suits users. It is this freedom for users that gives Dogecoin (DOGE) the edge, making it approachable to new users and therefore likely to continue drawing in new users.
Will the potential for new users help Dogecoin (DOGE) get back from its dip?
Does RoboApe (RBA) Have the (mon)Key to Success?
Another meme coin set to enter the scene is RoboApe (RBA), with its innovative decentralised community system that prioritises expansion and exciting user experiences over individual profiting. It is a space made for community growth, and for giving back.
The coin is deflationary, meaning coins will gradually be removed from circulation thus making those still in circulation more valuable. This scarcity will allow the system to reward early adopters and participants in the community, whilst still having enough supply to expand and reward future users later down the line.
Furthermore, with the developer wallet being excluded, the community is given further incentive to work together, collaborating to create projects and achieve success.
The community can work together to grow RoboApes (RBA) token value through NFT minting and trading, and can come together in eSports competitions held on the platform, with the ability to promote and advertise these events and specific leagues giving further options for financial growth.
With all of these options, plus the tools available for even more projects to be created on the RoboApe (RBA) platform, the ever-expanding nature of this project is set to bring in big crowds, and create great value for RoboApes (RBA) tokens.
This is certainly a project to watch closely.
Another primate-themed meme coin, ApeCoin (APE) is still holding strong to its position as a high performing token, after its explosive release back in March.
Created by Yuga Labs, the team behind the Bored Ape Yacht Club, ApeCoin (APE) has several purposes, primarily surrounding the company’s metaverse project Otherside as well as future projects aiming to expand the company into exciting new Web 3.0 ventures.
Those in possession of ApeCoin (APE) have access to the ApeCoin DAO, the decentralised governing system that dictates what ApeCoin (APE) will do next. The more tokens someone holds, the more sway their votes have in the DAO, and with a token with this much potential influence in the crypto landscape, it is no wonder that investors have been watching this one carefully.
Yuga Labs have again and again proven their ability to make it big in crypto, and so access to their currencies DAO could spell success for those involved. In a company with such reach, giving those already involved in it the power to make executive decisions can only lead to further success.
After all, who would know better what the people want than the people themselves?
More Information on RoboApe (RBA):