Arabic Cash: Coinmarketcap Approves ABIC Token – Growth is Expected
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Digital asset development in the Arab world has attracted a wave of interest from the crypto community since the beginning of 2021.
The Emirates created Crypto Valley and plans to become a full-fledged crypto-state within a few years. And now Mubadala Investment Company, one of United Arab Emirates’ sovereign wealth funds, is looking at investments in the ‘crypto ecosystem’, CEO and Managing Director Khaldoon Al Mubarak said in an interview with CNBC.
“I think it’s (crypto) is real, this is a business that had $200 billion worth of value two years ago, and is $2.5 trillion value today and growing. So while many people are skeptics, I do not fall in that category.”
Arabic Cash’s ambitions higher than Burj Khalifa
Amid this news, all Arab crypto projects are starting to rise in popularity with investors around the world. Everyone understands that the Arabs are about to run out of oil, and digital assets are just starting to grow there.
Against this background the independent DeFi project Arabic Cash is providing a great example of growth.
Just recently the project hit the top of the charts. In a few hours, the ABIC token of this project rose sharply by 1,800%. It started growing due to positive news from Arabic Emirates and this turbine managed to raise its value from $0.02 to $0.2. After this rapid growth, ABIC started to correct, which indicates a profitable purchase until the next sharp price increase.
The daily trading volume of ABIC exceeded $2,000,000, and this despite the fact that Arabic Cash had only one trading pair ABIC/BUSD, and trading was carried out only on one DEX PancakeSwap. At its recent peak, the capitalization of the project exceeded $37,000,000.
Since then there has been increasing chatter about Arabic Cash in the Emirates, Europe and America. The project was immediately listed, with the official recognition of Coinmarketcap and CoinGecko. ABIC token price and trading volumes could be coming to Tradingview soon too.
Benefits of Arabic Cash for fast and long term earnings
Arabic Cash is an independent DeFi project that aims to create the world’s first decentralized Crypto Bank with the possibility of loans and deposits, and complies with all the laws and religious norms of the Arab world. This goal is to be realized when the project has a market capitalization of at least $500,000,000.
This milestone will be achieved gradually, along the way offering the world community new crypto products and positive conditions for short-term and long-term earnings.
First, the developers will popularize the ABIC token, which will bring the project the necessary volumes of capitalization for strategic positioning.
To do this, the marketing department of the project will advertise on major information platforms, including advertising on Coinmarketcap and CoinGecko, as well as directly on the BSC platform. The best advertising is the increase in the price of ABIC token and its appearance on new trading floors. Therefore, listing on major exchanges is another marketing branch of the project.
Arabic Cash is attractive to new investors not only due to its growth potential, but also due to the already existing trading platforms. Any ABIC token holder already has the opportunity to earn up to 60% per annum on Staking, as well as a constant income stream from Farming relative to the purchased volume of tokens.
As soon as the capitalization of the project exceeds $50,000,000 the developers will enter a new stage of development. They will launch Arabic Cash DEX, which will be a prototype for Crypto Bank.
Other cryptocurrencies will be traded on this decentralized exchange, for which the project will receive additional profits from each transaction. And ABIC token is waiting for a new stage of growth, as happened with CAKE for PancakeSwap.
How to get an ABIC token?
You can buy an ABIC token at an attractive price at PancakeSwap. Just attach your Metamask or TrustWallet wallet to the exchange and make the purchase. More information about the project you can find on the official site https://arabic.cash/, as well as in social networks of the project: Telegram, Twitter, Gitbook.
