ABIC token price growth amid market decline puts Arabic Cash project in a favorable position for investors
The first decentralized crypto project backed by Arabian investments, Arabic Cash starts #CAMELRUN – a new concept of the phenomenon of asset growth amid a falling market, launched by members of the Arabic Cash community. ABIC token is preparing to be listed on major exchanges and wins multiple independent votes as the best Arabic crypto project.
Arabic Cash – what is it?
Today, apart from the financial and economic sectors in Dubai, blockchain technology is already being used in tourism, road transport service, police, medicine, business organization. The construction business with real estate investment funds is no exception. Private companies in the UAE are actively supporting the development of the Arabic Cash digital financial ecosystem.
Arabic Cash (ABIC) is the first in the world to offer the technology of an independent decentralized financial instrument based on loans and deposits backed by Arabic capital. The project provides the opportunity to invest in the development of the digital economy of the Arab world to any inhabitant of the planet without unnecessary red tape! Arabic Cash’s smart contracts are created using the most advanced Solidity programming language of the BEP-20 protocol in the Binance Smart Chain (BSC) network, which provides reliable asset security, high speed of transaction processing and low commission costs.
Arabic Cash’s global goal is to create the first decentralized crypto-bank in which it is a smart contract, not a person, that will issue loans or accrue passive income on deposits and with which no other bank can compare. The cryptocurrency phenomenon will solve global lending issues for large financial sectors without the involvement of intermediaries.
Past and Present – Facts
Between 2021 and 2022, Arabic Cash’s development team launched many services and tools that were specified in the project’s roadmap back at the start of its development:
– March 2021: Arabic Cash provides the project MVP and development concept to the world, the launch of a full-fledged project website with the ability to Swap BUSD and ABIC tokens, ABIC community was created in major social networks;
– July 2021: ABIC gathers HardCap on TokenSale to further develop the ecosystem;
– August 2021: ABIC gets listed on PancakeSwap, during the same period Arabic Cash launches full-fledged passive income tools: Staking & Farming. Annual yield (APY) is up to 150% today, as well as 4 fixed-rate staking pools (APR) from 45% to 60% depending on term and volume of tokens deposited.
– August-November 2021: Active phase of ABIC marketing campaign;
– November 2021: Arabic Cash project is listed on the major monitoring platforms: Coinmarketcap, CoinGecko, TradingView – the price of ABIC token at this point increased by 1800%, capitalization rose to $32M, daily trading volume was about $2M. During the same period, ABIC was listed on the centralized P2PB2B exchange.
– November 2021 – May 2022: active trading and marketing phase of the Arabic Cash project.
It is now literally and figuratively springtime for Arabic Cash, the project has blossomed and is gaining momentum with acceleration. In the last week the price of token grew by more than 55% and the growth does not stop despite the bearish trend of financial markets. The community of the project increases daily and actively participates in the program to attract new users ABIC BULLRUN BEGINS, which was launched a few days ago, for which it does not spare incentives in ABIC tokens. And the very phenomenon of the growth of the asset on the background of the fall is already nicknamed #camelrun
The positive dynamics of the project is also fueled by the fact that last week Arabic Cash won the vote for the best Arab crypto-project according to CoinTiger and the listing has already been announced. Arabic Cash will be listed on the largest Euro-Asian exchange on May 6 at 10:00 UTC.
Future – roadmap, targets in 2022
Arabic Cash back in April predicted the start of ABIC asset growth for a number of good reasons. Right now, the project is launching a massive marketing campaign.
Immediately after listing on CoinTiger, the ABIC project will receive tremendous marketing support from the exchange. Traders of this exchange will be able to participate in activities to support the project Arabic Cash. Already announced are the Traders Competition, ABIC Price Prediction, Holders Contest, Trader of the Day and King of Traders. In total for these activities, participants will receive more than 550,000 ABIC, which at current exchange rates is about $10,000. But of course, after such attention to the project, the rate of ABIC will grow probably even several times in just a few days.
As the attention to ABIC increases, so does the interest in the project from agents from other projects. In the Arabic Cash community every day you can see several requests from agents of large exchanges and funds. Thus, the ABIC project became a voting participant from the CoinGeckoHunters investor community and is already leading with a margin of more than 60%. The winner of the vote will receive a massive investment of 500 BNB, as well as a major one-week marketing campaign in communities with more than 100,000 investors.
In the near future, from the words of the developers in the social networks will be listed on CEX, the main goal – a listing on exchanges like Binance and Bittrex. Preparing to launch a mobile application Arabic Cash App, which will collect all the benefits of the ecosystem ABIC.
Also preparing to launch its own DEX ArabicSwap, which will open the trading of popular crypto-assets in the BSC network, will receive rewards from trading commissions for adding assets to the pools of liquidity.
Creation of crypto-bank Arabic Cash: the principles of this product are already calculated analytically and technically, credit and deposit technologies are actively tested since the project’s inception.
As a global exchange, Arabic Cash plans to hold blockchain summits in different continents of the world. These events will bring together various cryptocurrency leaders and thus make Arabic Cash the new Biggest Player in the dynamic crypto market.
Bottom line
The project has ambitious goals. In this case, there is no reason for doubt, as the development and implementation of the project is being carried out on the roadmap, and the set goals one after another are being fulfilled, which is regularly emphasized by investors in social networks.
A more detailed description of the Arabic Cash project can be seen in WhitePaper: https://arabics-cash.gitbook.io/arabic-cash/
To start investing in Arabic Cash (ABIC) follow this link: https://pancakeswap.finance/swap?inputCurrency=0xe9e7cea3dedca5984780bafc599bd69add087d56&outputCurrency=0x4823A096382f4Fa583b55d563afb9F9a58C72FC0
Leave a Reply
Crypto Travel Magazine is the most trusted platform for news, crypto, travel and magazine.
