Is Rarible (RARI) a Good Investment?
NFTs are one of the hottest crypto trends of 2022, and blockchain investors are constantly looking for the best NFT projects to invest in. According to many cryptocurrency experts, sometimes investing in NFT marketplaces like Rarible can be even more profitable than collecting NFTs themself. But what makes Rarible stand out from other NFT marketplaces, and is RARI a good investment to make just like the NFT experts claim?
What Is Rarible?
Rarible is a highly decentralized, community-oriented NFT marketplace. What distinguishes Rarible from other NFT trading platforms is the fact that Rarible is powered by a native utility asset called the RARI token, which can be used not only to transact Non-Fungible Tokens but also to interact with the platform in other ways – for example by participating in decentralized governance.
Rarible was founded in 2020 by a Moscow-based team of experienced blockchain developers led by Alexei Falin and Alexander Salnikov. Previously, Falin and Salnikov have worked on numerous successful NFT and crypto-related projects such as Sticker. Place, Zenome, Humaniq, and many more.
RARI is a good investment because its value will likely appreciate in the future as the popularity of NFTs and the market share of Rarible among other NFT platforms increases. In other words, it might be a good idea to invest in RARI tokens even if you don’t actively plan to trade NFTs on the Rarible marketplace.
Why Is RARI a Good Investment?
Rarible is a very innovative NFT marketplace, and it has a lot of interesting features that will likely increase its popularity in the future. Most importantly, Rarible is a good investment because it is designed to be as easy-to-use and user-friendly as possible, which truly makes it stand out from the competition.
Although millions of people enjoy NFTs, many of them still think that while collecting NFTs is easy and fun, creating Non-Fungible Tokens is something that is very hard and complicated. Rarible proves that it doesn’t have to be this way – with the Rarible NFT marketplace, making your own NFT is as easy as it gets!
Thanks to Rarible, almost anything can be tokenized and turned into a unique digital collectible. You don’t need any technical knowledge or blockchain experience, as everything is streamlined to be maximally easy, and the user interface is very intuitive.
With Rarible, artists can easily turn their artworks into NFTs, and immediately put them on sale. Because of that, Rarible will likely attract a large number of NFT creators in the near future, which means that RARI is a good investment as the platform will certainly keep growing.
Another thing that’s worth mentioning is that Rarible is not only easy-to-use for NFT collectors – it is also designed to be very attractive to NFT collectors. Rarible’s marketplace is organized and structured into categories, which allows NFT enthusiasts to effortlessly find the best NFT projects to invest in.
RARI is a good investment also due to the fact that it gives the holders some unique opportunities. Most importantly, holding RARI can give you access to a blockchain-based source of passive income, since RARI tokens are used in the revenue sharing mechanism of the Rarible marketplace.
Finally, RARI is a good investment because it empowers you to participate in one of the most promising and innovative DAOs in the blockchain ecosystem. Although Rarible is not a fully decentralized autonomous organization yet, it plans to embrace the DAO model completely in the near future, and when that happens, the RARI price is likely to skyrocket!
Why Does the NFT Community Think That Rarible is a Good Investment?
Although RARI is a good investment mainly due to the strong technologic fundamentals of the Rarible NFT marketplace, that’s not the only reason why most experts think that the RARI price will grow massively in the near future.
One of the other factors contributing to the fact that Rarible is a good investment is that RARI is consistently one of the NFT related cryptocurrencies with the highest social volume and social engagement. According to data posted by Peter Cruz, Rarity’s social activity massively surpasses other popular NFT projects like Decentraland (MANA) or Axie Infinity (AXS).
TOP #NFT TOKENS BY SOCIAL ACTIVITY $NFTBS $XTZ $RARI $TCT $AXS $MANA $SOUL $CATE $QANX $RARE pic.twitter.com/58Sx0uCBnK
— Peter Cruz (@PeterCr83559198) January 18, 2022
If we focus just on Twitter, and not on all social media, Rarible is also one of the most discussed projects. According to Coin98 Insights, RARI is in the top 3 of the most mentioned NFT cryptocurrencies on Twitter!
TOP 10 MOST MENTIONED #NFT PROJECTS ON TWITTER$NFTBS $XTZ $RARI $AXS $TCT $BOT $MANA $SOUL $WEYU $CATE pic.twitter.com/24OLTbfpQN
— Coin98 Insights (@Coin98Insights) January 11, 2022
Another reason why Rarible is a good investment is that despite the high levels of social activity, the market cap of RARI is still relatively small. Because of that, it’s still possible to buy RARI tokens at a very low price. Coinmaster99 claims that RARI is one of the small market cap altcoins which can explode in price very soon:
INVEST IN SMALL CAPS THAT ARE YET TO EXPLODE 👉↗️$CELL $28M $LAND $5.8M$GLCH $57M $ZOO $12.1M$MNET $1.5M$SENSO $19.5M$MVC $16.6M$MOC $97M$MFT $96M$MNW $92M$RARI $89M$TABOO $88M$SLP $86M#altcoins #altcoinseason #altcoin #Trending pic.twitter.com/SwuxX1a1cg
— 🅲🅾🅸🅽 🅼🅰🆂🆃🅴🆁 (@coinmaster99) January 17, 2022
The combination of strong technologic fundamentals, high social engagement, and low market cap means that many cryptos and NFT experts consider RARI to be an undervalued hidden gem. For example, Cryptodox believes that Rarible is among the top 15 most promising low market cap projects:
Top 15 Promising Projects with Market Cap Under $100М$SLIM $QUICK $LTO $SHFT $CTK $DNT $KMD $ARPA $TKO $ALPACA $DIA $DOCK $RARI $TRB $PNK pic.twitter.com/pfumoCZbe8
— Cryptodox (@The_Cryptodox) January 18, 2022
The Altcoin Podcast goes even further and says that Rarible is the most undervalued NFT project on the market. According to the Altcoin Podcast, Rarible can easily grow by 10x in the near future, which means that it’s possible that RARI will reach $100, $120, or even more in 2022!
Can You Buy RARI Crypto On Coinbase?
You can buy RARI tokens on Coinbase. You can also invest in Rarible on other exchanges such as Gate.io, Kraken, Poloniex, MEXC, or Uniswap. However, as of now, Rarible is not yet listed on Binance.
Will the RARI Price Reach $100?
Most crypto analysts agree that RARI will reach $100 or more soon. It’s worth remembering that Rarible is so undervalued that many experts hesitate to give specific RARI price predictions, as it’s hard to predict how high the Rarible price can go when it goes parabolic.
So, Is RARI a Good Investment?
RARI is a good investment for multiple reasons. For one, RARI is a token powering one of the most advanced, innovative, and user-friendly NFT marketplaces in the world. Furthermore, RARI is a multi-functional utility token that will empower you to participate in the Rarible DAO and share the profits of the Rarible marketplace. Finally, RARI is a good investment simply because it is still very undervalued, and you can invest in Rarible while the market cap is low.
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