RBIS is expected to grow x54 by 2023
Last Updated on August 8, 2022 by Andrew
The price of Bitcoin is now around $20, and the market crash is having a strong effect on the value of other major cryptocurrencies in a similar way. But even though the effects of the bear market are still around, there are still a few digital currencies that are great for long-term investments and give reliable returns every day. You can trade on Crypto Engine for cryptocurrency investment.
It is a cryptocurrency that is steadily making progress and gaining traction while staying a bit under the radar. In just the last week, the price of the coin has gone up by more than 65 percent. Experts say that by the beginning of the first quarter of 2023, it will go from being worth less than one dollar to a crazy $27.
Just what does ArbiSmart do?
The European Union has approved ArbiSmart (RBIS), which is a wallet that earns interest and an ecosystem of crypto services. The coin came out for the first time at the beginning of this year, and you can now buy it on major exchanges such as Uniswap and SushiSwap. Also, Binance and Coinbase, which are big names in the cryptocurrency world, are already telling people how to buy RBIS.
The digital wallet that earns interest is the main thing that ArbiSmart sells. At the end of June 2022, it came out. It was the first of a number of new utilities that will be released in 2022.
People with wallets can choose from a variety of things. Either the money can be kept on hand at all times, but then it won’t earn interest, or it can be put into a savings plan for two, three, or five years. Savings balances earn interest every day, which the owner of the wallet can either take out or put in another account.
RBIS is likely to become more popular because the wallet gives its users a lot of good reasons to keep it.
First, the account level of a wallet owner is determined by how many RBIS are in their wallet. The account level determines how much interest customers get on savings balances in any of the other currencies that the ArbiSmart wallet accepts. So, if you have more RBIS, you could get more back from your EUR or BTC balance.
RBIS balances get a much higher interest rate than other balances, which is another reason why it makes sense to get and keep RBIS for the near future. Except for RBIS, all supported cryptocurrencies and fiat currencies earn a return of up to 49% per year. On the other hand, RBIS can make up to 147 percent per year.
If the interest is paid out in RBIS, the rate of return on money kept in a wallet will go up. So, it doesn’t matter if the money is kept in BTC or EUR. The interest will be much higher if it is paid every day in RBIS.
One more reason to keep RBIS is that each RBIS is the same as one vote. But this benefit is not a direct cash gain. This means that the more tokens you buy, the more control you have over how the whole project grows over time.
Consistent and reliable income no matter what is going on with the economy
Even though the market has been going down, the value of RBIS has been slowly going up. One reason for this is that it makes steady streams of passive profits no matter what the market is doing.
When the new wallet comes out, there will be a “shock to the supply,” which will push the price of RBIS tokens up even more. More and more RBIS will be taken out of circulation and saved for two, three, or five years over the next few months. This will lower the already limited supply and drive up the demand.
What will the next several months bring?
Most of the optimistic predictions about the token price over the next year are based on the huge push for development that is happening right now.
People will be able to buy and sell tokens that can’t be used to buy other tokens. ArbiSmart plans to open a cryptocurrency exchange and a play-to-earn metaverse in the near future. In the play-to-earn metaverse, users will be able to buy, build on, and sell virtual real estate plots.
Buying RBIS tokens could be a good way to make a steady profit every day, even when the market is going down. This is because more and more people are wanting RBIS. Experts say that if the price keeps going up, you will be able to make a lot of money on top of what you get from long-term savings plans.
You can easily get the token from third-party exchanges or the ArbiSmart dashboard. The best time to buy is now before the recently released wallet and the other planned utilities become popular and drive up prices.
