Cryptocurrencies To Put Up On Your Watchlist: Roboape (RBA), Pancakeswap (CAKE), And Aave (AAVE)

Since the beginning of 2022, the crypto market hasn’t worked as well as many expected. Many coins have experienced severe market losses, and some have lost almost all of their value. However, there have been some notable uptrends lately, and many believe that the new financial season is on the horizon of the crypto world.

In this case, it’s the best time to invest in the crypto market, especially in newer crypto coins. However, investing in a cryptocurrency requires a lot of research and analysis, with more than 18,000 crypto coins circulating in the market it is quite a tricky task to do. In this article, we analysed 3 cryptocurrencies that will help you potentially make profit from investments.

RoboApe (RBA)

RoboApe (RBA) is a future meme currency with an innovative decentralised community architecture that delivers growth and a compelling user experience rather than personal gain, it is a space designed for community development.

As a deflationary cryptocurrency, RoboApe gradually reduces its circulation amount, which enhances its value. This shortage allows the system to reward early adopters and community contributors with sufficient supplies to grow and reward future users. In addition, it provides incentives for the community to work together to make the project a success.

The value of RoboApe tokens can be increased through NFT mining and trading, communities can participate in Esports competitions on the platform, and these events can be promoted and marketed through professional leagues.

It will help to increase opportunities for financial development. With all these options and the resources of the RoboApe cryptocurrency, the expanding nature of the project continues to move forward.

PancakeSwap (CAKE)

PancakeSwap is one of the most popular decentralised exchanges built on Binance Smart Chain (BNB). This platform allows users to trade any BEP-20 token and Binance Coin (BNB) on the Metaverse.

In addition, all transactions are carried out by smart contracts, which enhances the reputation of decentralised finance today. CAKE is a native token for decentralised exchanges that allow users to interact with other blockchains.

PancakeSwap also allows users to earn NFTs when they successfully perform a task. It is a great move to get users to love the NFT project. Since its inception in 2020, PancakeSwap has undergone several changes. These upgrades have certainly improved its credibility, and it now ranks among the top 70 cryptocurrencies in the coin market cap at the time of writing.

Aave (AAVE)

Aave is a decentralised finance protocol that allows you to borrow and lend cryptocurrencies and real-world assets without going through a centralised intermediary.

It was originally built on the Ethereum (ETH) network, and all tokens on the network also use the Ethereum blockchain to process transactions. These are called ERC20 tokens. Later, Aave expanded to other chains such as Avalanche, Fantom, and Harmony.

With a market capitalization of more than $1.3 billion, Aave (AAVE) currently ranks among the top 50 cryptocurrencies globally. Its daily trading volume is about $127 million, showing signs of recovery despite a severe market crash.

At present, its market value is $95, the lowest it has been in the last year. After a very high bearish period, there are some signs of recovery, but we can see that it is still bearish.

RoboApe (RBA) seems to be an appealing investment opportunity looking at its enormous growth despite being in the presale stage. It consists of a solid development team, and its roadmap is promising as well as well-defined. PancakeSwap (CAKE) and Aave (AAVE) are also intriguing projects to watch, so research them and find the one that best suits your needs. Any investment involves risks, so before investing, make sure you understand them.