The cryptocurrency market started from the activities and operations related to a particular token – Bitcoin. Since its launch in 2009, there have been several releases of newer digital assets too. While each of these projects usually promises something different, only a few can keep up with their words. Today, we have numerous failed projects on the crypto market because they were unable to consistently satisfy any utility.
The best crypto projects to buy and hold are those that promise innovation. You see, any project that can evolve regularly will be able to use the latest trends and technology to improve the quality of what it offers. Algorand (ALGO), KuCoin (KCS), and RoboApe (RBA) are some of the most innovative projects in the crypto space. They have gained so much popularity because they have offered one-of-a-kind innovative services to crypto users. Let’s look at essential details about these crypto projects and what makes them special.
The Proof-of-Stake blockchain – Algorand (ALGO)
The Algorand platform is designed with the ability to process multiple transactions in a few seconds. It has a similar design to what you’ll find on popular payment channels, MasterCard or Visa. This blockchain protocol can host other cryptocurrencies and projects, like Ethereum. This token is used to provide collateral security and to process transaction fees for the blockchain.
This blockchain platform was developed in 2017 by a cryptographer and professor at the Massachusetts Institute of Technology, Silvio Micali. Algorand is an innovative open-source blockchain. This means that anyone can view the platform’s code and make necessary changes to it. Algorand runs on a Proof-of-Stake (PoS) mechanism. This means that the platform relies on the stakes of users and contributions to the liquidity pool of ALGO coins. Today, you’ll find a total supply of ten billion coins with more than 50% of them already in circulation.
The Utility Token – KuCoin (KCS)
KuCoin (KSC) is a global cryptocurrency exchange that offers a variety of features and trading alternatives. This platform was launched in 2017 and has since provided trading solutions to all its users. These trading solutions include; margin, spot, futures and P2P trading. You may also find some other options, including staking and lending. The KuCoin platform also boasts the toughest security measures among crypto exchanges and offers a collection of about 400 cryptocurrencies. Despite the major features of this platform, this is a beginner-friendly platform. KuCoin tends to list small-cap cryptocurrencies before other exchanges. They are also renowned as one of the crypto exchange platforms that offer the cheapest fees on the internet.
KCS is the native token of the KuCoin platform. Since the release of the token in August 2020, it has grown by more than 700% and has attracted the attention of crypto experts and investors. The total supply of the KCS tokens on the market is 200 million. However, this total supply has been reduced to 170 million by burning strategies. These strategies will continue till there are only 100 million KCS tokens left.
The Meme Token – RoboApe (RBA)
RoboApe is one of the newest crypto tokens on the market. This innovative meme coin is designed to address several economic challenges, and it makes the growth of the financial sector possible. The RoboApe Token is supported through community development and the provision of constant rewards.
The RoboApe token is a meme coin that’s set to automate the crypto market with several innovative features. This cryptocurrency is poised to offer more than it gives users. To do this, it provides a DeFi platform for crypto enthusiasts and the distribution of memes. Due to its community-driven status, the allocation of resources and decision making is left to users. There’s also a RoboApe academy that is responsible for educating people about cryptocurrency. RBA is the native token for the RoboApe community. This ERC-20 token offers members of the community special benefits and features, such as access to a dedicated NFT marketplace, and RoboApe eSports.
Conclusion
All three of these projects have something distinct and unique to offer crypto users. There are still six months left in 2022, and if you are interested in having innovative cryptocurrencies in your portfolio, Alogrand, KuCoin and RoboApe are all ones to look out for. RoboApe is one to look out for particularly, as they are currently in their pre-sale phase, meaning that now is the best time to invest as the cost of the RBA token is at its lowest.
More information on RoboApe (RBA):
Join Presale: presale.roboape.io/register
Website: roboape.io
Telegram: https://t.me/ROBOAPE_OFFICIAL
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