Hundreds of new altcoins enter the market every year but not all of them turn into breakout stars. So, what attributes set the success stories apart from the competition?
One coin that analysts are backing as one of the most promising newcomers of 2022 is RBIS, the token behind the ArbiSmart project. While the RBIS price currently stands at a little under $2, analysts are projecting a huge leap in value, of 8,000% in the coming year, which means huge capital gains for the investor who gets on board before the price soars.
Let’s dive in to examine some of the reasons for the exceptionally sunny forecast.
Listings on Tier-1 Exchanges
One of the primary reasons for the enthusiastic RBIS price projections is that it is steadily gaining an increasingly large audience. Since the initial exchange listing last quarter, RBIS has been gaining momentum. RBIS has already been added to big-name exchanges like Uniswap, and SushiSwap and more are being added all the time.
The bigger the exchange the larger the community that builds up around it, the greater the trading volume and the higher the liquidity levels. With every prominent listing, RBIS increases its legitimacy and proves its long-term viability. In turn, this makes it an attractive listing prospect to even more top-tier exchanges, exposing the token to a wider audience and enhancing global name-recognition.
A Rapid Rollout of New Utilities
This quarter, ArbiSmart is shifting into high gear, with a series of new RBIS utilities being introduced in quick succession.
ArbiSmart is kicking off its development push later this month with the introduction of an interest-generating wallet supporting both crypto and FIAT. The wallet is designed to provide a secure home for the wallet holder’s capital, while also providing interest reaching up to 147% on RBIS and up to 49% on other supported currencies.
This April, ArbiSmart is also introducing a mobile version of the platform enabling the user to store, exchange or buy crypto and deposit or withdraw it with ease.
These new developments will be followed up next month with the release of Smart Yield Farm, the ArbiSmart decentralized yield farming program. In return for staking funds and providing liquidity, participants will receive 0.3% of the fees on each trade and annual percentage yields of up to 190,000%.
Also, in Q2, close on the heels of the Smart Yield Farm launch in May, ArbiSmart will be introducing a collection of one-of-a-kind digital items and an NFT marketplace, where collectors, creators and investors can buy and sell non-fungible tokens.
A Finger on the Pulse of the Market
A look at the ArbiSmart roadmap, indicates that the development team is up to date with the hottest market trends and is incorporating the latest blockchain innovations into its ecosystem. The project always has an eye on where it’s going next and this can be seen by the major developments in the pipeline for the second half of 2022.
To start with, next quarter, ArbiSmart is introducing a play-to-earn metaverse where participants can play games and purchase in-game items. RBIS holders will also be able to create and explore new virtual spaces, where it will be possible to buy plots of land and then build on them and/or sell them.
This will be followed by the launch of a cryptocurrency exchange as well as a suite of crypto banking utilities, including IBANs, debit cards and payment services. The package is already in development with ArbiSmart having already attained upgraded EU authorization to all for the provision of virtual currency banking services across Europe.
An Integrated Financial Ecosystem
The RBIS token economy is designed to incentivize use of multiple utilities within the ecosystem, boosting liquidity and driving token demand.
The hub is totally interconnected, so, for example, NFTs available in the marketplace may be used as in-game items in the metaverse, and holding one of the ArbiSmart NFTs will be rewarded with a higher Smart Yield Farm APY.
With the introduction of each new RBIS utility, and with every new exchange listing, token demand will grow. Consequently, the limited token supply, forever capped at 450 million RBIS, will diminish, and once demand outpaces supply the price will rise.
All the new developments set for 2022 are primed to send RBIS soaring. To buy cheaply before the price explodes, purchase RBIS now.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.