MoonBag Presale vs Arbitrum and Chainlink: Will the Rookie Take On the Veterans?
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/MoonBag/ – Have you heard the most exciting announcement gripping the crypto world recently? The monkey-themed meme coin, MoonBag (MBAG) has kicked off its much-anticipated presale. With its presale going live, the inevitable comparisons of the new coin to older competitors like Arbitrum (ARB) and ChainLink (LINK) have begun. However, with the challenges that Arbitrum and ChainLink have yet to overcome since their introduction, MoonBag’s whitepaper may hold all the secrets to why it is set to be the most successful coin this season.
Although Arbitrum is generally accepted as an improved blockchain over many others, it has a point of failure that has resulted in multiple instances of outage when transaction processing is stopped for periods as long as an hour. Bugs in Arbitrum’s lone sequencer, significantly high traffic, or the system running out of Ether can result in the halting of transactions while the sequencer is revamped to its prime condition.
In comparison to other cryptocurrencies that have relatively simpler blockchains, Chainlink is considered to have a relatively large attack surface. This has been attributed to Chainlink’s complex blockchain system as well as its decentralised Oracle network. The crypto functions by retrieving data from external sources and feeding it into smart contracts on multiple blockchains which exponentially increases the threat of vectors. Moreover, since the blockchains interact with external sources and rely on a series of node operators, it is constantly under threat if security measures are not taken.
Setting Sail with MoonBag’s Presale
Like a breath of fresh air, MoonBag Monkey brings news of the latest voyage that got off the mark in the second week of May: the first stage of the presale of the new meme coin MoonBag coin ($MBAG). With the promise of an exciting and interactive experience like other meme coins, MoonBag is powered by the robustness of Ethereum, along with its community of developers. The amalgamation of the humour of internet culture, along with the dependability and security of Ethereum, make MoonBag both fun and reliable as a meme coin. The secure nature of the crypto is further reinforced by the fact that the contract for MoonBag has been renounced in its whitepaper.
In the whitepaper, the presale price of the MoonBag coin is set at $0.00002, which, paired with the whooping 15,000% ROI is enough to excite any investor. Both transactions and returns can be predicted stress-free and pocket-friendly because the monkey promises tax-free transactions. Moreover, trading MoonBag is extremely convenient because this crypto can be bought with 300-plus different cryptocurrencies, including Ethereum, Binance, and USDT.
In a great move towards transparency and cultivating trust, the MoonBag whitepaper clarifies how the funds collected from the presale of the coin will be used. 20% of all funds accumulated will be segregated for a liquidity wallet automatically by smart contract. Throughout the paper, the prospective MoonBag community is reassured regarding the monkey’s long-term commitment, with the promise to ensure prosperity and sustainability. In this context, the team coins have also been locked. Moreover, a detailed plan has been provided that shows the strategies which will be applied to improve and lock the liquidity of the coins over a period of 6 months.
Conclusion
As the presale of the new meme coin is live now, the promising nature of the whitepaper makes MoonBag coin a prospective winner of the oncoming bull run. With other cryptos like Arbitrum and ChainLink facing challenges and processing breakdowns, the spaceship with the adorable monkey may well lead the showdown.
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