Every successful crypto investor was not joking when they said DYOR (Do Your Own Research). Researching cryptocurrencies with prospects in the market costs nothing, but it can give you something and save you from losing everything. Some cryptocurrencies are powered by hype and buzz, and a FOMO (Fear Of Missing Out) could make you REKT. Close monitoring and personal research reduce your FUD (Fear, Uncertainty, and Doubt) on a token.
Fear aside, some altcoins are worth your attention to prevent missing out on a great crypto investment opportunity. If, in the long run, you realize investing in it would be not profitable, you may choose to take it off your watchlist. However, if indications signal a green light to invest, ensure you only risk what you can afford to lose.
Disclaimer: You should know that the information here is for educational purposes and based on predictions. It’s not a go-ahead to invest in any coin. The cryptocurrency market is very volatile, so implement every risk reduction strategy you know before investing.
Closely monitoring Cronos (CRO) and RoboApe (RBA) could have some benefits, and we review these potential benefits below:-
CRONOS (CRO)
The Cronos (CRO) token is the native token of the Cronos chain platform. The decentralized and open-source blockchain technology was developed in 2016 to provide utility to users of the payment, trading, and financial services platform — Crypto.com. The platform gives token rewards for staking, cashback on merchant payments, and gift card purchases and also allows faster, seamless, peer-to-peer transfers to other users.
The Cronos Chain is the main blockchain of the Cronos (CRO) token. The Ethereum-compatible blockchain utilizes a proof-of-authority consensus mechanism to operate the platform. It is EVM (Ethereum Virtual Machine) compatible, allowing users to import dApps built on the Ethereum blockchain to the platform.
The Cronos (CRO) token currently ranks #22 on Coinmarketcap with a current supply of 25,263,013,692 CRO and an expected total supply of 30,263,013,692 CRO. It has an all-time high of $0.9698 as of 2021, a great increase from its all-time low of $0.01149 in 2018. Although its current $0.10 market price is a great decline from its ATH, experts still believe it has potential.
Since the total supply is far from reaching and the market price is still somewhat low, closely monitoring the token’s trend may prove beneficial. Be on the lookout for signs indicating a positive bull run, and you may be on your way to earning a massive ROI. However, you should only risk what you can afford, even if you’re confident in your market analysis.
RoboApe (RBA)
There’s not much monitoring for high-risk takers before investing in the RoboApe token (RBA). This set of cryptocurrency investors does not mind putting their money into a project, even if all they’d get is good laughs and a bubbling community. Investors that take risks responsibly may have to consider the utility case and monitor the buzz around the meme token before making a decision.
The advantage the former has over the latter is that they get in at a very low entry price and are likely to gain more when the project flies. The latter may eventually miss out on the RBA presale while monitoring the development of the meme token. However, it’s still essential you have a great understanding of a project before becoming a part of it.
The RoboApe (RBA) token is an ERC-20 coin compatible with the Ethereum blockchain. The meme coin comes with great utility in DeFi (decentralized finance), DEXs (decentralized exchanges), NFTs, eSports, gaming, etc. The meme token is revolutionizing meme coins by taking them many steps higher.
Per indications and analysis, the RoboApe (RBA) token could be the best meme token launched in 2022. Close monitoring can help potential investors identify the upward potential of the token. Also, since we’re in a bearish market, now may be the best time to buy, to enjoy the conventional positive bull run most meme coins experience in the bull market.
You can join the presale here before the launch date and benefit from early entry.
Find Out More About RoBoApe (RBA):-
Presale: https://ape.roboape.io/register
Website: http://roboape.io/
Telegram: https://t.me/ROBOAPE_OFFICIAL
Source: https://www.cryptonewsz.com/roboape-and-cronos-why-their-monitoring-may-be-beneficial/