RBIS, the token powering the ArbiSmart project is generating a lot of buzz right now, because it is now up over 700% and through both bull and bear markets it has succeeded in climbing steadily, even when the crypto market has tanked.
How RBIS got up to 800% Growth
In 2020, ArbiSmart saw year-over-year growth of 150%, and so far, 2021 has seen growth of over 550%. Much of the project’s popularity is down to the fact that ArbiSmart offers a great hedge against a crash, ensuring that your crypto never loses its value and continues to generate a profit whatever is happening to the market.
The reason for this is that ArbiSmart performs automated crypto arbitrage, which is an investment strategy that makes money from temporary price differences. For short periods, a coin can be available across multiple exchanges at different prices at the same time. Price disparities can occur for all kinds of reasons, such as discrepancies in trading volume or liquidity between bigger and smaller exchanges.
ArbiSmart’s algorithm, connected to 35 exchanges, identifies price differences, buying the coin on the exchange where it is available at the lowest price, before instantly selling it for a profit, on the exchange where it is available at the highest price.
You just register, fund your account, with fiat or crypto, and then the algorithm converts your investment into RBIS and uses it to perform crypto arbitrage, 24 hours a day, on your behalf.
Because price differences will keep arising with the same frequency whether the digital currency market is surging or sinking, profits are steady and reliable, as opposed to being at the mercy of crypto volatility.
ArbiSmart’s crypto arbitrage profits start at 10.8% and reach as high as 45% a year, based on the size of your deposit. The predictability of crypto arbitrage yields means that you can calculate in advance exactly how much you will make in passive profits from given investment amount, over any time period, using the project yield calculator. In addition to crypto arbitrage APY, the calculator takes into consideration compound interest as well as the current value of RBIS, and the capital gains are considerable. If you joined ArbiSmart, when it was launched in 2019, your RBIS will already have gone up in value by 800%, and it is showing no sign of losing momentum.
It is worth noting that you can earn also a passive revenue of up to 1% a day, just for storing your capital in a locked savings account for a predetermined, contracted period.
Where the RBIS price is going next
Analyst are projecting that the RBIS token will go up to 40 times its current value by 2023 and this is in part due to the major developments in the pipeline. Between Q4 2021 and Q1 2022 ArbiSmart is introducing a series of new RBIS utilities. These include a yield farming program, a crypto credit card, a mobile app and an interest-bearing wallet for fiat and crypto. While these new utilities are sure to raise demand for the token, the RBIS supply will remain limited, permanently capped at 450 million.
Another factor impacting demand is that later this quarter the token is going to be listed. So, by the end of the 2021, if you want to use any RBIS utility, you will need to buy it on an exchange. ArbiSmart is EU licensed, so it is only once RBIS is tradable that it will become available for purchase to those individuals who want to remain anonymous or come from countries from which ArbiSmart cannot accept clients.
As the crypto market becomes more volatile, ArbiSmart is gaining popularity by offering a secure hedge against a slump and with all the new developments on the way, RBIS is one step away from a huge jump in value.
Want a slice of the action before the price soars any higher?
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
The post RBIS Is Up 800% and rising faster than Bitcoin, Ethereum and Dogecoin appeared first on The Cryptonomist.