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With Cardano (ADA) Supporting 3.5 Million Wallets and Gucci Accepting ApeCoin (APE), What Is The Future For RoboApe (RBA?)

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With Cardano (ADA) Supporting 3.5 Million Wallets and Gucci Accepting ApeCoin (APE), What Is The Future For RoboApe (RBA?)

Altcoins have been gaining significant ground and recognition in recent years, as the crypto market has expanded and grown to encompass more users and use cases.

The proof that cryptocurrency’s legitimacy goes on beyond Bitcoin (BTC) can be seen clearly in the many recently released media stories and statistics, including Gucci’s acceptance of ApeCoin (APE), and the reveal that the Cardano (ADA) network is now supporting over 3.5 Million wallets.

With all of this in mind, new projects like RoboApe (RBA) are entering the market at an interesting time. Altcoins are more legitimised than ever, and with their exciting premise and wide utility, there is much potential for RoboApe (RBA) to become a major market player.

Luxury Fashion Brand Gucci Accepts ApeCoin (APE)

Fashion empire Gucci is no stranger to cryptocurrency.

With their acceptance of Dogecoin (DOGE), the original meme coin in select stores, it may not be a surprise that the brand has also decided to take on the widely popular ApeCoin (APE) as a form of payment. However, unlike Dogecoin (DOGE), ApeCoin (APE) is a token far newer to the market, making the decision somewhat unexpected.

ApeCoin (APE) is the creation of Yuga Labs and is the token for use in their Bored Ape Yacht Club metaverse, Otherside. With its association with one of the most valuable NFT collections on the marketplace, and the intense commitment of collectors and community members, the tokens launch was an explosive one, with the token rapidly rising in value and significance.

This caused many to buy into the token, making it particularly popular. It is likely for this reason, therefore, that Gucci has jumped on board to accept the token.

So, will you be buying your designer clothes with meme coins any time soon?

RoboApe (RBA) Redefines Meme Coins

Despite the limited use cases of some meme coins, the success of tokens like Dogecoin (DOGE) and RoboApe (RBA) is proof that with good marketing, an understanding of the audience of the token, and comprehensive knowledge of meme culture, any meme coin can be successful.

Therefore, it stands to reason that a meme coin that possesses all of these plus a range of utility may have the potential to go even further in the market.

RoboApe (RBA) is a meme coin built on the Ethereum (ETH) network and is the token behind the sprawling platform and its many economic assets. It is deflationary, meaning that individual token values will rise as the overall number of tokens in circulation decreases over time.

The RoboApe (RBA) platform will include a host of ways for users to utilise their RBA tokens, from an NFT marketplace, eSports ventures, to a SWAP service. This will allow RoboApe (RBA) to have a wide appeal to just about any crypto user, depending on their goals in participating in the ecosystem.

The ecosystem is set to be a thriving one, thanks to the platform’s low transaction fees and infrastructure thanks to the Ethereum (ETH) blockchain. The platform will also be routinely built upon by the development team to keep users engaged and satisfied with their experience.

With all this in mind, RoboApe (RBA) has been able to set itself apart from other meme tokens, taking fun community aspects of these tokens and backing them up with wide utility. It makes the project one worth watching out for, and a presale not to miss.

Make sure you check it out!

Cardano (ADA) Network Reaches 3.5 Million Wallets In 2022

If the potential seen in RoboApe (RBA), or the acceptance of ApeCoin (APE) by a major brand isn’t enough proof of the legitimacy and scale of altcoin projects in today’s crypto market, consider the recently announced milestone reached by Cardano (ADA).

It was recently revealed that open-source blockchain platform Cardano (ADA) now has over 3.5 million wallets across its vast network. This is in spite of the fact that Cardano (ADA) only launched in 2017, meaning that this amount of success has come to them in just five short years.

Cardano (ADA) is a blockchain praised by many crypto enthusiasts, thanks to its low energy use per transaction, scalability, and open-source accessibility, making it perfect for investors and inventors alike. It is no surprise that the network has been successful, and this number of wallets on their network is proof of that.

Are you one of the 3.5 Million on the Cardano (ADA) network? If not, now is your time to give it a try.

Want to learn more about RoboApe (RBA)? Check out this article to find out more.

Want to know more about RoboApe (RBA)? Find out more at the following links:

 

Presale: https://ape.roboapetoken.io/register
Website: http://roboapetoken.io/
Telegram: https://t.me/ROBOAPE_OFFICIAL
Twitter: https://twitter.com/ROBOAPE_TOKEN
Instagram: https://www.instagram.com/roboapetoken

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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PrivaCrip to Power a Blockchain Network That Could Follow Cardano & XRP

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PrivaCrip to Power a Blockchain Network That Could Follow Cardano & XRP

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When the first decentralised blockchain was popularised in 2008 by Satoshi Nakamoto, the door was open for people across the globe to transact more securely and seamlessly. Many blockchain networks have been built and powered by native crypto tokens, including PrivaCrip (PRCR).

Native tokens exist for several reasons. Aside from acting as digital currencies, they perform various functions. Helping blockchains improve data traceability, security, transparency, and trustworthiness shared throughout the network. They also assist in reducing costs through their ever-evolving efficient methods.

Cardano (ADA) and Ripple (XRP) are among the best blockchain-based cryptos that this article will discuss. We will also look at how PrivaCrip (PRCR) will power a blockchain network set to launch into the crypto space.

Top Tier Crypto Makes its Mark – Cardano (ADA)

Cardano (ADA) has been around in the crypto space since 2017. The Proof-of-Stake (PoS), Ouroborous Cardano (ADA), was established using a research-based methodology.

Research is the backbone of Cardano (ADA) and is integral to its success in the cryptocurrency market. Cardano (ADA) uses an evidence-driven mechanism and peer-reviewed research to run its ecosystem to drive its evolution.

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Among many things, Cardano (ADA) helps establish DeFi products and provides a suite of financial solutions. Crypto enthusiasts can stake Cardano (ADA) for a chance to earn rewards for their holdings.

With 2022 providing challenges in cryptocurrencies across the globe, Cardano (ADA) is one of the few cryptos to see a surge in on-chain trading volume this year. CoinMarketCap lists Cardano (ADA) as the 7th largest crypto by market capitalization at the time of writing.

Making Waves – Ripple (XRP)

Launched in 2012, Ripple (XRP) is a leading provider of crypto solutions for businesses. Ripple (XRP) provides developers with a solid open-source foundation for executing demanding projects. It is fast, energy-efficient, cost-effective, and reliable.

The solutions provided by Ripple (XRP) enable developers to solve inefficiencies, including asset tokenization and remittance. Therefore, individuals and businesses may apply Ripple (XRP) for DeFi, payments, tokenization, and more.

Crypto enthusiasts with a long-term focus may find Ripple (XRP) a valuable investing tool. Token holders can use Ripple (XRP) for staking its mainnet platform for a chance to grow their earnings and maximise profit.

At the time of writing, it ranks number 6 on CoinMarketCap, making it a cryptocurrency to buy now.

The New Face Of Privacy – PrivaCrip (PRCR)

The soon-to-launch PrivaCrip (PRCR) is a cryptocurrency built for Web3 data privacy. It will allow users to develop and use permissionless and privacy-preserving applications. This unique feature of PrivaCrip (PRCR) secures apps, protects users, and fosters the creation of many new Web3 uses.

PrivaCrip (PRCR) will drive a blockchain that creates a more empowering and inclusive internet. It will enable developers to build secure dApps using private contracts based on original privacy research (OPR) to revolutionise Web3.

PrivaCrip (PRCR) will begin pre-sale soon and has an initial token price of 0.10 USD. According to the whitepaper, there will be a total supply of 190 million tokens, of which 40% of the total supply will go to the pre-sale.

Crypto enthusiasts who purchase PrivaCrip (PRCR) during the pre-sale will receive the most significant long-term rewards and bonuses. Those who buy with Bitcoin (BTC) will receive a 10% bonus. Also, those using Ethereum (ETH) to purchase will receive 15% of the total PrivaCrip (PRCR) they purchase as a bonus.

10% of PrivaCrip’s (PRCR) total supply is up for distribution as staking rewards, meaning that token holders who stake will receive rewards for their contribution to the crypto’s advancement.

The Bottomline 

Blockchain networks are continuously evolving, and so are the crypto tokens that power them. Cardano (ADA) and Ripple (XRP) have contributed tremendously to the success of their blockchain networks, gathering mass appeal.

PrivaCrip (PRCR), for its part, will drive a security-enabled blockchain and scalability in private DeFi, empower data tokenization, and bring together a fast-growing community. Acting on its promise, it has the potential to become the next big mover in cryptocurrency.

For more on PrivaCrip (PRCR), check below:

Presale: http://join.privacrip.io/ 

Website: http://privacrip.io/ 

Telegram: https://t.me/PrivaCripOfficial 

Twitter: https://twitter.com/PrivaCrip 

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Cardano (ADA) Withdrawal Fees Waved by Bitrue Exchange

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Cardano Reaches “Important Milestone” on Road to Vasil Upgrade


Alex Dovbnya

Singapore-based cryptocurrency exchange made Cardano one of its base trading pairs earlier this year

Singapore-based cryptocurrency exchange Bitrue announced that it had temporarily waived withdrawal fees for the Cardano (ADA) cryptocurrency.

The trading platform says that the move is meant to celebrate the support it received from the community behind the cryptocurrency.

Users will be able to withdraw ADA without paying any fees until mid-September.

Bitrue has stressed that it wants users to have “as much choice as possible” when it comes to custody options. Those who want to hold their ADA tokens will not be able to do so without paying an additional commission.

At the same time, Bitrue has touted its “Power Piggy” yield-farm investment program for those who want to earn passive income with ADA.

As reported by U.Today, Bitrue introduced the token as its base currency back in February.

In June 2021, it also became the first cryptocurrency trading platform to add support for Cardano-based native tokens.

Last month, Bitrue also announced a staking initiative with the ADA cryptocurrency. It decided to contribute a million tokens to some of the top Cardano staking pools in an effort to boost the level of decentralization.

Earlier this year, SundaeSwap (SUNDAE), the native token of the SundaeSwap exchange, also became available on Bitrue.

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WingRiders Losses 59% Of Its Total Value Locked, Plunges Cardano TVL Below $100M

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Cardano Founder Charles Hoskinson Criticize SEC Cracking Down on Companies Outside Its Jurisdiction

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Popular Cardano-based decentralized exchange WingRiders has lost its position as the most valuable DEX on Cardano. 

WingRiders slumped from the first position to third after losing more than 59% of the total value locked (TVL) on the platform in the past 30 days. 

At the time of writing this line, WingRiders is now the third-largest DEX by total value locked, with a TVL of $19.66 million. It is noteworthy that WingRiders maintained the top spot for more than two months, claiming  42% of TVL On Cardano. However, the DEX has fallen from glory ever since. 

Minswap Is Now Cardano’s Most Valuable DEX

The development also affected the total value locked on Cardano. The total value locked on Cardano has fallen below $100 million in the last 30 days after the WingRiders TVL slumped. 

cardano total value locked
Cardano total value locked

Interestingly, Minswap has taken the lead to become the most valuable decentralized exchange on Cardano after the massive decline of WingRiders’ TVL. 

At press time, Minswap is leading, with a $49.09 million total value locked on the platform. The DEX hit the milestone after recording a massive growth of 30.9% in its TVL in the past 30 days. Minswap accounts for 51.82% of the total value locked on Cardano. 

SundaeSwap, the first decentralized exchange on Cardano, is now the second most valuable DEX in the ecosystem. SundaeSwap is second in the ranking, with $19.72 million in TVL. 

Like WingRiders, SundaeSwap has also lost a significant amount of its TVL over the past 30 days. In the past month, SundaeSwap has lost nearly 10% of the funds locked on the platform.

Commenting on the development, Cardano Daily, a platform that shares new developments about Cardano, said: 

“After the major decline of @wingriderscom, the TVL scenario of the Cardano ecosystem has stabilized back to normal as we have seen in the past few weeks. @MinswapDEX still led the ecosystem with $51M TVL, contributing 50% of the ecosystem.” 

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