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One standout altcoin, soon expected to overtake the rest of the pack, is ArbiSmart (RBIS), which analysts are projecting will rise to 40 times its current value in 2022. Let’s take a closer look:
Steady Community Growth
ArbiSmart launched its automated crypto arbitrage platform in 2019, and the project has been on a quiet but steady upward trajectory ever since.
ArbiSmart’s system takes advantage of price inefficiencies (temporary price disparities across exchanges) to generate between 10.8% and 45% APY, depending on the investment amount.
It’s worth noting the platform’s added value as a hedge against falling prices. Since price differences emerge just as regularly in a bear or bull market, platform users can continue to earn a profit even in a crash.
Passive profits can also be earned by storing funds in a closed, long-term savings account. The ArbiSmart account holder can earn up to 1% interest a day based on the timeframe chosen for the lock on their funds, the account currency, and the size of the deposit.
ArbiSmart offers an attractive combination of low-risk, reliable passive investing with industry-high yields, which has led to consistent, steady community growth. However, the project is likely to skyrocket in the coming months, as the listing process kicks into high gear and ArbiSmart expands into a diverse, financial services ecosystem.
A Broader Global Reach
One reason analysts are projecting huge growth for the RBIS token in 2022 is the ongoing success of the listing process.
RBIS was first listed at the start of January 2022, and so far it has been added to multiple top-tier global exchanges, including SushiSwap, Coinsbit, HitBTC, LAToken and Uniswap.
As the process gathers momentum, the token continues to gain credibility making it increasingly attractive to even more major exchanges.
Each new listing boosts token access, growing the project community, further increasing liquidity and trading volume, pushing the RBIS price higher.
The project will be taking another leap forward with the introduction of a wide array of new RBIS utilities that should drive token demand significantly in the year ahead.
RBIS coin and Arbismart evolving in a financial service hub
Later this month, ArbiSmart is introducing a decentralized yield farming program, which will allow participants to stake funds in return for unmatched annual percentage yields. The program will be accessible through Uniswap, with an ArbiSmart interface enabling direct interaction with the service. Loaning funds through contributions to an ETH/RBIS and a USDT/RBIS liquidity pool will generate competitive rewards including 0.3% of the fees on every single trade as well as up to 190,000% APY.
Q2 will be equally busy, with the introduction of an NFT marketplace and an interest generating wallet.
With the launch of the marketplace, RBIS holders will be able to purchase non-fungible tokens (NFTs), which will authenticate and confer ownership of ArbiSmart’s 10,000- piece digital art collection. This will be quickly followed up later next quarter by the release of a digital wallet for FIAT and crypto which will offer annual interest of up to 45% a year. A mobile app is also in the pipeline for the coming months, which will allow users to securely store, exchange, and buy crypto.
In the second half of this year through Q1 2023, more major developments are anticipated. ArbiSmart has already got the ball rolling by upgrading its EU authorization, to allow the project to offer crypto banking services, as it aims to launch crypto credit cards, payment service solutions and IBANs by the end of 2022. Additional RBIS utilities in development right now include an investment launchpad for funding, promising new altcoins and ArbiSmart’s own cryptocurrency exchange.
As ArbiSmart continues its evolution into a diverse crypto finance ecosystem, each new service will drive RBIS demand higher. Because the number of tokens that can ever be created is limited to 450M, the RBIS price will almost certainly rise dramatically, as demand overtakes supply.
Although the RBIS price currently stands at around just 50 US cents, analysts are projecting a 4,000% rise in 2022, as the listing process accelerates and new RBIS utilities are introduced. Now is the time to purchase the token before it shoots up in value. So, to make the best possible return on investment don’t wait too long. Buy RBIS now.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
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