RBIS, the token behind the ArbiSmart project, is on track to become 2022’s first and best breakout coin. Its price has already risen in value by over 942% and analysts are projecting a 7,000% rise by the end of the year.
RBIS price in the evolution of Arbismart
The anticipated price surge is based largely on the fact that in 2022 ArbiSmart is evolving from an automated crypto arbitrage platform into a crypto hub designed to meet the full spectrum of crypto management needs.
In addition to the listing process, which is kicking off this month, the suite of new RBIS utilities being launched throughout 2022 is likely to significantly drive demand. These include a yield farming service, an interest-bearing wallet, crypto-supported banking services, an NFT marketplace, a crypto exchange and more.
The ArbiSmart platform today
ArbiSmart performs automated crypto arbitrage, a low-risk investment strategy that profits from the brief windows in which a coin is available at different prices across multiple exchanges at the same time.
ArbiSmart is connected to 35 exchanges that it scans 24 hours a day looking for price differences. On finding a discrepancy it buys the coin on the exchange where it is lowest priced and then sells it wherever the price is highest to make a profit on the spread.
Since price differences occur across exchanges with the same consistency, in bear and bull markets, ArbiSmart provides an excellent hedge against a crash. So, you will continue to earn a consistent profit and your capital will maintain its value even if the market collapses.
Profits from crypto arbitrage range from 10.8% to 45% a year, depending on the deposit size. Then if you place your funds in a long-term savings account, where they are locked for a contracted period, you can make up to 1% a day in additional profits. The exact amount you earn will be based on the account currency, time frame for the lock on the funds and deposit sum.
There are also capital gains on the rising value of RBIS, which has risen to almost ten times its original value and is showing no signs of losing momentum. This month alone, RBIS is being listed on exchanges, and is launching its yield farming service, where in return for staking your capital you will earn industry-high yields and 0.3% of the fees on every trade.
The RBIS listing process
RBIS is starting the new year off by being listed and becoming available for trading. The process will be ongoing, with new exchanges being added throughout the year. As new communities of crypto holders gain access to the token, it is likely to gain more traction globally, enjoying broader recognition, and increased legitimacy, while proving its financial viability.
Additionally, ArbiSmart is an EU licensed project, and as a result, the purchase of RBIS through the platform has been restricted to those who meet regulatory requirements. Now however, the token is available to a broader audience, which, with every new exchange, should lead to increased trading volume and liquidity.
The evolution into a crypto hub
The year ahead will see a stream of new developments for ArbiSmart. In the first half of 2022, new RBIS utilities will include a marketplace for the purchase and sale of non-fungible tokens (NFTs), a new mobile application, and an interest-generating wallet that supports both FIAT and crypto.
The second half of this year will see the introduction of a number of additional RBIS utilities including a crypto exchange, a launchpad for funding promising new altcoins and a range of crypto-supported banking services from international bank account numbers (IBANs), to crypto debit cards and international payment services.
As an ecosystem where all RBIS utilities are interconnected, the use of one service is rewarded when using others in the ArbiSmart crypto hub, driving demand. So, for example, wallet users will receive better terms and higher APY when purchasing NFTs, or joining the yield farming program. As demand rises, the supply, which is forever limited to 450M RBIS will shrink and that should push the price even higher.
The RBIS token is ready to shoot to the moon. It is about to become accessible to a whole new international audience, which should lead to soaring demand and a rapidly climbing price. RBIS is not going to remain one of the best kept secrets in crypto for much longer so to get a piece of the action before the price explodes, buy RBIS today!
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.