January 28, 2023

This article highlights three different digital coins: RoboApe (RBA), Decentraland (MANA), and Elrond (EGLD). Each of these tokens boasts distinct features that might attract investors. So, let us check what each one has.

RoboApe (RBA): The Meme That Might Finance You

RoboApe (RBA) is an Ethereum-based meme coin using the ERC20 protocol. The project wants to connect the NFT and meme token cultures. Incorporating multiple applications on the network eliminates external dependency. RBA’s total supply stands at 270 million.

Users that want to access the token in the current pre-sale will have to complete the Know Your Customer policy on the RonoApe website. RBA’s pre-sale price is $0.006173. Meanwhile, RoboApe Academy represents the project’s dedication to educating everyone in the crypto world. The objective is to make users crypto-conscious as they await the DAO process.

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RBA managers, who trust in DAO’s capability, will relinquish the ecosystem management to users. RBA coin holders might vote on the platform decisions. Meanwhile, RoboApe has an NFT-printing section. Moreover, developers have allocated some coins for charitable investment.

Elrond (EGLD): Massive Potential

Elrond aims to ensure safe and high-speed asset transfers through the sharding algorithm. The project has shown its potential since joining the marketplace in 2022 Q3, attracting user attention. Meanwhile, Elrond wants to involve IoT, asset transfers, and decentralized finance (DeFi) projects.

EGLD’s algorithm can handle up to 15K transactions per second, ensuring lower costs. Developers said the algorithm boasts six seconds of latency. Likewise, Elrond’s ecosystem has a $0.001 fixed transaction cost.

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Decentraland (MANA): Path to Long-Term Investments

Decentraland has a lucrative market for long- and medium-term investments instead of day-trading. It has a $0.10 – $0.12 average price deviation for day trading. MANA, which gained more price stability recently, might not satisfy day trader expectations.

The monthly price chart shows MANA entered a recovery wave after hitting the $0.6307 lows. The uptick to $2.22 within a month suggested the altcoin still boasts a massive investment portfolio. Meanwhile, MANA highlights a lucrative future as far as growth is concerned.

The above projects appear lucrative for investors in the crypto space. However, research to complement the above analysis for profitable undertakings.

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