After a long and painful trajectory south, which the crypto market has been following for some time now, it looks like we have entered the tipping point. Both Ethereum (ETH) and Bitcoin (BTC) have gradually started to liquidate their losses, and it looks like institutional token adopters are finally ready to take a dip into the crypto seas of volatility.
On the back of this news, the overall crypto market capitalisation has almost reached $1 trillion and is currently hovering at the $933.17 billion mark. Many analysts believe this is a perfect buying opportunity as the market will most likely not drastically decrease below its current standing, in the near future. With that in mind, here are three cryptocurrencies that require your attention this summer: Ethereum (ETH), Polkadot (DOT), and RoboApe (RBA). Let's consider each coin individually.
Ethereum (ETH): The Future Of Web 3.0
Ethereum (ETH) is the second-largest cryptocurrency by market capitalisation after Bitcoin (BTC) and a blockchain-powered platform for creating decentralised applications (Dapps). Since its inception, Ethereum has continuously proven that blockchain can provide so much more than simply storing value.
The range of Ethereum's applications is panoptic, stretching from financial applications, games, and NFTs to governance models that can rule entire nations. At the heart of Ethereum lies its native currency (ETH), which ultimately fuels the broader Ethereum ecosystem and any Dapps built on top of it.
Keeping in mind that more than 80% of all NFTs are built on the Ethereum blockchain, and more than 70% of DeFi applications use either (ETH) in some way, buying and holding (ETH) is a no-brainer.
Polkadot (DOT): When Interoperability Is Life
Polkadot (DOT) envisions the future of Web 3.0, where it unites and secures a growing ecosystem of specialised blockchains called parachains. This effectively means that Dapps and Polkadot services can securely communicate across multiple chains, thus forming the basis for a genuinely interoperable decentralised web.
Through such interoperability, Polkadot enables blockchain transfers not only of tokens but also any data or asset. Compared to other blockchains, Polkadot provides transactional scalability by spreading these across multiple parallel blockchains. It is relatively straightforward to connect your chain to Polkadot using a so-called Substrate framework, thus accelerating the development of your chain and Polkadot's border network.
Those who hold the reputable (DOT) token, the platform's native token, can engage in governance activities to influence the project's development and staking and bonding of the (DOT) token to earn rewards. Overall, a Polkadot (DOT) is an intelligent purchase for long-term holders, given that Web 3.0 is the next evolution of crypto, set to usher in a new age.
RoboApe (RBA): Meme Coin To Change The Status Quo
Unlike (ETH) and (DOT), which have been stewing in the crypto pool for some time, the RoboApe (RBA) project is only just submerging itself into crypto waters. It has, however, already made an impression across the community. The primary feature that makes the RoboApe project stand out is its ability to provide innumerable services for its community, alongside its status as a meme coin.
RoboApe will be developing as a DAO (decentralised autonomous organisation) ultimately ruled and powered by the community. Those who hold the (RBA) ERC-20 token built on the Ethereum blockchain will be able to engage in several crypto-related activities inherent to RoboApe's ecosystem.
Among these are trading, minting, and selling NFTs at the RoboApe marketplace, which would also act as the starting point to prepare the foundation for RoboApe's gaming modes. Many analysts believe the future of Web 3.0 will be centred around the in-game economies, where players' items, attire, and avatars will be represented as NFTs.
Considering this, those who would purchase the (RBA) token during a presale stage would receive a competitive advantage in flipping RoboApe's unique JPEGs and earning in-game profits since every action within the RoboApe's ecosystem will be carried out through the (RBA) token.
The Upshot
Suppose you believe in the Web 3.0 future powered by Ethereum (ETH), which can be achieved through interoperability facilitated by Polkadot (DOT) and innovative projects like RoboApe. In that event, these three coins should be part of your portfolio regardless of the market conditions. Do remember to do your research because one day in crypto, you are on the horse, and the other, you fall from it. Happy trading!
RoboApe (RBA)
Presale: https://ape.roboape.io/register
Website: http://roboape.io/
Telegram: https://t.me/ROBOAPE_OFFICIAL
Twitter: https://twitter.com/ROBOAPE_TOKEN
Instagram: https://www.instagram.com/roboapetoken