Cryptocurrency continues to be a hot topic, with new coins and tokens being created all the time. In this article, we will look at three coins that were built on the Ethereum blockchain: RoboApe (RBA), Chainlink (LINK), and UniSwap (UNI). Each of these rooms has unique features that are worth exploring. Let’s dive into it.
RBA: One of the newest members of the Ethereum family
The meme token craze had peaked last year. The foundations of this culture were laid with Dogecoin (DOGE). Then, cryptocurrencies such as Shiba Inu and Floki Inu started to increase their notoriety. Meme pieces are generally humorous and don’t serve any particular area. However, RoboApe (RBA) aims to break these taboos. The RBA token not only contains meme elements, but also combines them with NFT technology. The platform has its developed market. NFT printing and trading can be done here.
As everyone knows, NFTs made headlines at the end of 2021. It can be said that the part of the Covid-19 pandemic behind its popularity is quite large. During the pandemic, millions of people around the world had to stay home and familiarize themselves with cryptocurrency technologies. The RBA platform also aims to integrate the meme token concept with NFT technology. Also, the project has an exchange system called RoboApeSwap. With this system, the developer team aims to completely remove the dependence on foreign sources.
It’s safe to say that the RBA’s 2022 targets are quite high. The token is expected to be listed on decentralized exchanges (DEX) soon after its launch. It is currently in the pre-sale phase. You can find RBA and other pre-sale parts on BoostX. Later, it is said that fundraising rounds will be held and publicity activities will be carried out to increase brand awareness. In addition, the project team plans to take an active role in charitable investments and organize interesting events.
Chainlink (LINK): One of the most sophisticated coins of Ethereum
Chainlink (LINK) is a cryptocurrency that was created to provide a secure way to send data and payments between different blockchain-based systems. Its market capitalization is currently $3.2 billion, making it one of the most valuable cryptocurrencies in the world.
One of the main features of Chainlink is its high degree of security. To ensure that data is not lost or corrupted, Chainlink (LINK) uses a special type of cryptography called a “hash”. This process essentially encodes the data into a unique string of characters, which can then be decoded by anyone with the appropriate key. As a result, Chainlink (LINK) offers a much higher level of security than other cryptocurrencies, making it an attractive choice for businesses and individuals.
UniSwap (UNI): They introduced AMM to Ethereum
UniSwap (UNI) is a decentralized exchange built on the Ethereum blockchain. It is the most popular AMM (automated market maker) in the DeFi (decentralized finance) space with almost five billion in value locked in its protocol. UNI is the native token of UNI and its purpose is to provide liquidity and governance to the UNI ecosystem. As of May 2022, UNI had a market capitalization of $3.4 billion. UniSwap introduced AMM into Ethereum and made it possible to trade ERC20 tokens without the need for an order book. This has enabled a more decentralized ecosystem of DeFi protocols which has further unlocked new use cases and unprecedented levels of value creation in cryptocurrency. UNI’s value is expected to increase in the future.
Ethereum (ETH) is quickly becoming the go-to platform for launching new coins and tokens. In this article, we looked at three different projects that use ETH to build their platforms. Each of these projects has something unique to offer, and they all look set to succeed in the near future. If you want to enter the cryptocurrency market, Ethereum-based coins are a good place to start. Also, if you are looking for a coin that seems to have a lot of potential, RBA is worth watching.
For more information on RBA