Altcoins To Invest In For The Dip – Algorand (ALGO), RoboApe (RBA), and Stellar (XLM)

By editor_emir Last updated Oct 6, 2022

Cryptocurrencies are digital assets through which transactions are verified and the records are managed by a decentralized system that uses cryptography, rather than by a centralized authority or institution. Bitcoin (BTC) is regarded as the first-ever cryptocurrency created and every other coin created after it is called an altcoin, which stands for alternative coin. RoboApe news…

There are thousands of altcoins in the market and with the current dip, it might be a wise idea to consider adding some to your portfolio. Algorand (ALGO), RoboApe (RBA), and Stellar (XLM) are great altcoin options to look into.

Algorand (ALGO)

Created in 2019 by Silvio Micali, an MIT professor, and cryptography specialist, Algorand (ALGO) is a layer one blockchain system whose main aim is to increase blockchain scalability. The platform is creating a lightning-quick community where users can perform transactions at very high speeds and very low fees.

Algorand (ALGO) is a decentralized autonomous organization (DAO) and has placed itself as a very ingenious altcoin in the DeFi sector. The platform introduced a structure that rewards token holders that are a part of the voting process and this has led to it gaining a large following of investors and users.

Algorand (ALGO) just recently announced an agreement with FIFA to work with them during the World Cup and possibly become a sponsor. This is sure to establish the project as a major one in the crypto world.

RoboApe (RBA) Will Redefine The Meme Token Culture

RoboApe (RBA) is a futuristic meme token that plans to address economic bondages and make growth possible through its sustainable community development structure and rewarding culture.

It is a meme token with great utility and plans to give back more than it takes while providing a DeFi platform for meme and cryptocurrency enthusiasts. A small fee will be charged for every transaction that occurs on the platform, half of which will be removed from circulation and burned, making it a deflationary token.

The project intends to revolutionize the crypto space with a variety of services built for its community. Some of the projects the protocol has planned for its members include;

RoboApe Academy will be a free educational hub that will inform and educate individuals on all they need to know about cryptocurrencies and the crypto world.
Hosting of Charity Games and Events that would be aimed at making the world a better place.
The platform will be providing RoboApe Merch for the community, to establish and increase their market hold.

RoboApe’s (RBA) ecosystem will include various features. With RoboApe Finance, users will have access to a variety of opportunities to interact, generate, and manage their finances in a decentralized manner.

The ecosystem will also host an NFT marketplace which will allow its community members to mint NFTs in the form of RoboApe cards that they can decide to hold or sell. With RoboApe swap, the platform will bridge isolated blockchain networks to enable cross-chain token swaps.

To add to that, the meme tokens ecosystem will also include RoboApe eSports which would have community sports contests to enhance the gaming experience.

RoboApe (RBA) is currently in its presale phase selling for $0.0061. The presale phase will run till the 29th of August when the project will then be launched. There is a total supply of 900,000,000 tokens but only 270,000,000 is available in the presale.

For interested buyers, the currencies that are accepted are BTC, ETH, XRP, BNB, USDT, SOL, and TRX among others.

Stellar (XLM)

Stellar (XLM) is a crypto project that was developed by the Stellar Development Foundation. It is a secure and decentralized protocol designed to ensure the execution of international transactions securely.

Stellar (XLM) has a market capitalization of over $3 billion and is among the top 30 currencies globally. It is therefore definitely worth researching as an investment opportunity.