Meme coins are quite the rage in the crypto market as traders are drawn to their unique aesthetics, making them survive for years. After the success of Pepe and Dogecoin, the market is now waking up to a new meme coin RIBBIT (RBT).
This Solana Meme Coin was created by meme coins master Solana Bateman. However, unlike other Solana-themed meme coins, this is poised to reach millions in value, so much so that crypto investors are taking note of Ribbit’s selling points. RBT could bring enormous returns to crypto traders as it bears a super cycle.
Bateman is well-known in the meme coins market because of his successful creations like Dogwifhat (WIF) which was inspired by Shiba Inu dog memes. The mascot of this token is a dog called "wif a hat." Despite being late for the dog-themed coin party it got immense success. The meme coin was launched late last year and within a year its market capitalization has touched $5 billion, making it a trend on the crypto price charts. WIF is the 4th high-performing meme coin.
Now Bateman has brought his expertise to launch Ribbit which is the first Solana Meme coin related to a frog. Ribbit has been created to educate people about the Solana blockchain including the benefits it brings to crypto traders.
Investors can use different decentralised exchanges to trade with RBT tokens as it has high exchangeability and liquidity in the crypto market. The technology behind RBT is Rubic, a bridge aggregator and a decentralized exchange. As Rubic allows switches between an array of coins across blockchains it enhances the trading experience of crypto investors.
The Ribbit meme coin has many integrity and security features which makes it stand out in the crypto market. It can form smart contracts between providers with the help of API calls. This ensures that it is securely integrated with the Solana blockchain.
Also, crypto traders can reduce the risk of theft by using Ribbit as RBT tokens remain securely placed in the wallet until transactions are done. Blockchain security player MixByes has audited RBT, enhancing its effectiveness and security.
Similar to all other meme coins Ribbit hit the market in late 2023 and faced depreciation and appreciation cycles. However, the meme coin is now up for a surge as it enters a super cycle like those seen in Bitcoin. Hence, traders who get to it before the super cycle begins will take the benefits of the next luxury crypto brand
As of October 25 morning, Ribbit is trading at $0.081907, down 3.6% in the last 24 hours. The meme coin’s market capitalization remains unchanged at $802.43k while its trading volume has increased 16.36% to reach $21.26K.