SPONSORED POST*
When it comes to deciding which coin to invest in, there are a few critical factors to consider, such as market capitalization, the strength of the community, and most importantly, the utilities it offers. One coin that is generating an insane amount of buzz right now is PEPE.
While PEPE has been all over the news, for its sudden, rapid surge in value, having soared to a 500M market cap, for a variety of reasons, the meme coin may not be able to live up to the hype.
What Is PEPE?
Having risen by over 350% in just a weekend, PEPE is an ERC-20 token, based on the popular Pepe the frog meme. Meme coins like PEPE are a highly risky type of cryptocurrency, with an enthusiastic community, but little to no intrinsic value. Other well-known examples include Shiba Inu and Dogecoin.
Like PEPE, these coins expose crypto traders to the extreme volatility that arises from a lack of liquidity and unsustainable demand. This is why DOGE has such a rocky price history.
In a market characterized by dramatic fluctuations, PEPE is in danger of experiencing a sudden drop in value as traders capitalize on the hype, creating sell pressure as they exit with their gains.
What Is RBIS?
RBIS is the native token powering ArbiSmart, an EU authorized crypto finance ecosystem, established in 2019, for the storage, purchase ,and exchange of FIAT and cryptocurrencies.
Account Levels and Wallet Savings Plans
ArbiSmart’s yield-generating wallet, which supports 30 different FIAT and cryptocurrencies, offers multiple RBIS utilities. The amount of interest that you earn depends on the contract length, currency, and size of your deposit, as well as your account level. Your account status is based on how much RBIS you own. While you can make a profit without owning any RBIS, holding more tokens means a higher rate of interest on savings balances in BTC, ETH, DOGE, EUR, USD, or any other supported currency.
In addition, while savings plan profits reach up to 49% a year on balances in all other currencies, for balances in RBIS, profits can reach up to 147% a year. If, however, you don’t wish to convert your Bitcoin capital into RBIS, you can still increase your profits by choosing just to receive the interest on your crypto savings in the native token.
Another wallet-related token utility is a special type of RBIS savings plan, where the profits are paid in euros. Deposit 100,000 RBIS in a locked plan with a 24-month contract and receive 100% a year, regardless of your account level. You earn a guaranteed profit on your RBIS without having to sell it. Meanwhile, as more people open RBIS plans, causing the restricted supply to shrink and the token demand to rise, the value of your RBIS should increase, so you are also earning capital gains.
Currency Exchange Services
With the ArbiSmart Exchange Reward Program, you can sell all supported cryptocurrencies through the dashboard for 3 times the market price except for RBIS, on which you will receive 10 times the market price. The conditions for receiving the preferential rate are that you comply with a minimum sale amount and a 24-month vesting period. To exploit this exchange feature, many users are buying RBIS on other exchanges and selling it via ArbiSmart for 900% above what they paid, further depleting the finite token supply.
The Exchange Reward Program also offers a discount of between 10% and 50% on all crypto and FIAT purchases made via ArbiSmart, when certain terms are met. You must comply with a minimum purchase amount, a vesting period, and in some specific cases, you must also lock a set amount of RBIS for the duration of the vesting period, creating another utility for the token. The longer the vesting period and the larger the purchase, the higher the discount percentage.
The continuous development of new RBIS utilities means that the finite token supply is constantly decreasing, while the token demand rises, driving up the value. In fact, the company also has a number of additional RBIS utilities on the way in the months ahead, including an NFT marketplace as well as a DeFi staking protocol with unique gamification features that offers yield farmers higher profits for using ArbiSmart NFT’s.
The long-term success of any cryptocurrency depends on the added value it can provide. Unlike meme coins such as PEPE, with no intrinsic worth, RBIS offers an array of utilities, each of which attracts platform users by providing low-risk, high-reward revenue opportunities. Don’t miss out. Buy RBIS now!
*This article was paid for. The Cryptonomist did not write the article or test the platform
Source: https://en.cryptonomist.ch/2023/05/06/rbis-will-do-better-pepe-dogecoin/