Are Shiba Inu (SHIB), RoboApe (RBA) and Dogecoin (DOGE) Revolutionising Meme Coins?
Gone are the days when meme tokens were just crypto projects. They have brought excitement and cohesion to the crypto industry. RoboApe (RBA) is the newest meme coin on the block and it is showing great promise to change the industry for the better. Will it be able to follow in the footsteps of Shiba Inu (SHIB) and Dogecoin (DOGE) and build a community of passionate investors and enthusiasts?
Other meme coins have grown from obscurity to become some of the most traded cryptocurrencies in the world.
Dogecoin (DOGE) is Accepted as a Means of Payment
Dogecoin is considered by many to be the king of meme coins. It has endured several bear cycles including the protracted 2018 crypto winter that left many projects dead. As projects laid off their employees and shut their operational doors, Dogecoin survived and managed to build a strong community that saw DOGE post significant gains in a crypto bullish phase that began in 2021.
Dogecoin proved that it was more than just a meme coin but a cryptocurrency with utility. Independent developers developed a bot that can be used to tip content creators with DOGE on Twitter.
In addition to all of that, electric vehicle manufacturer Tesla began accepting DOGE for some of the merchandise on its website. It is essential to consider that Tesla has a market capitalisation of more than $700 billion.
AMC Theatres, the largest movie chain in the United States, have taken a pro-crypto stance and revealed that its mobile app accepts online payments in DOGE, Shiba Inu (SHIB), and other select cryptocurrencies.
DOGE is playing a crucial role in the adoption of cryptocurrencies as it allows people without any crypto background to be exposed to the knowledge base of meme tokens and other digital assets.
RoboApe (RBA) is Part of the Act
RoboApe (RBA) is the latest cryptocurrency with the potential to revolutionise the crypto industry by being more than just a mere meme token. It is building a set of services with exceptional utility. RoboApe aims to give back to the community more than it takes. The project is centred around the RBA token, which is central to the project’s mission to serve as a decentralised finance (DeFi) platform.
The project caters to both experts and novices. It is building the RoboApe Academy, a free educational hub that will inform people and potential investors on everything they need to know about cryptocurrencies. This comes in as really commendable as knowledge is required for token backers to make sound investment decisions and safeguard their digital wealth.
RoboApe understands the power of communities in crypto and is planning to participate in charitable games and events to make the world a better place for all. Philanthropy has actively been at the centre of the crypto world. Ethereum co-founder Vitalik Buterin previously donated 50 trillion Shiba Inu tokens worth $1 billion to the India Covid-Crypto Relief Fund. Buterin donated SHIB tokens that had been gifted to him by Shiba Inu’s development team.
RoboApe places the community at the heart of everything it does. It wants everyone’s voice to be heard.
The project is an ecosystem that will span eSports, non-fungible tokens (NFTs), and DeFi. The ambitious and interesting roadmap will see more people buy and hold RBA tokens, and in the process, contribute towards its price increase over time.
What’s Next For Meme Tokens
Shiba Inu is a fairly recent project but has done well in introducing people to cryptocurrencies. The currency has been used for charitable activities and just like DOGE and is accepted by AMC Theatres for online payments.
The future of meme tokens is as interesting as their history. People can easily relate to meme tokens because of their light-hearted traits. Meme coins are also focusing on providing utility to people in more ways than one, and as a result, they have the upper hand in revolutionising crypto. RoboApe is building on this momentum and will be a key figure in introducing people to meme tokens and cryptocurrencies.
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