2021 has been a roller coaster ride but there has also been a huge increase in digital asset adoption. The current bull run has seen crypto prices soar, with prices having gone up by as much as 50% in just a matter of weeks. The question many investors are asking themselves right now is how best to take advantage of the rally. Should you stick to established cryptocurrencies or look to new emerging altcoins?
One coin is making waves right now for having ridden out the recent crash exceptionally well, climbing steadily and steeply, no matter the crypto climate. RBIS, the native token of the ArbiSmart project, has been on a consistent upward trajectory and analysts are projecting that by 2023, it will have risen to forty times its current price.
What Kind of Track Record Does RBIS Have?
The ArbiSmart project was launched in 2019 and in just two years, the token price has risen by over 592%. 2020 saw year-over-year growth of 150% and since then platform usage has increased steadily, without dipping, even during the recent bear market.
What Is Being Done to Maintain Momentum?
One of the main reasons for the projected upward trajectory of the token price is the fact that the team behind the project has started implementing a series of major upgrades to the system architecture, with more to come by the end of the year, while also expanding its services with new RBIS utilities. From Q4, 2021 to the end of Q1 2022, an interest-bearing crypto and fiat wallet, a mobile app, a crypto credit card and a yield farming program are all scheduled for release.
The finite number of tokens is also going to play a part in the rising value of the token, as demand rises but supply remains capped at 450 million.
There is another important milestone coming up in Q4 of this year. The RBIS token is being listed, so from then on, if you want to use any RBIS utility, you will need to purchase the token on an exchange first and for a variety of reasons, outlined below, ArbiSmart platform users will have little incentive to part with their RBIS.
What Sets the ArbiSmart Project Apart?
ArbiSmart is an automated crypto arbitrage platform. This means that it makes money by exploiting temporary price disparities between exchanges. These are brief windows in which a coin is available on multiple exchanges simultaneously, at different prices. These differences can occur for various reasons such as disparities in trading volume and liquidity between exchanges of varying sizes.
ArbiSmart’s algorithm tracks hundreds of cryptocurrencies across 35 exchanges, 24/7. When it finds a price difference, it generates a profit by buying the coin on the exchange where the price is lowest then automatically selling it wherever the price is highest.
Does RBIS REALLY bring any significant profits?
Let’s talk about profits. They basically range from 10.8% to 45% a year depending on the size of your investment, and you can check out the project yield calculator to see, in advance, exactly how much you will make on a daily and annual basis.
Aside from the generous returns, a huge benefit here, is that profits are more reliable than with almost any other form of crypto investment. The reason for this, and a major reason that the project thrived, even during the recent crypto crash, is that in a bear or bull market, you can always make money. Price discrepancies across exchanges will continue to occur either way, so even a market collapse will not interrupt the regular flow of profits. When the market was down ArbiSmart offered a necessary haven against further losses to crypto capital and in the current rally it has made ArbiSmart a popular hedge against the possibility of another sudden reversal.
Profits from crypto arbitrage are supplemented by compound interest and it is also worth noting that based on your deposit size you can make as much as 1% additional profit each day if you choose to store your funds in a locked savings account, for a pre-determined period.
Multiple Streams of Income
Another revenue stream comes from the steadily rising token price. RBIS has already gone up to more than five times its original value and shows no sign of slowing down. In fact, with the new utilities in the pipeline and upcoming listing, the price is likely to see a big jump.
Clearly the RBIS token has a promising future, but whether it can meet the rosy price projections that are currently generating such buzz around the coin remains to be seen.