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One of the most impressive engines in the crypto world today is a lesser-known project called Rare (ARRI-USD). This surge, which has seen Rarible skyrocket over 110% at the time of writing, is one of the spikes that many didn’t see coming. As a result, interest in Rarible price predictions is noticeably higher than usual.
Where this project goes from here remains unknown. Typically, moves like these can often trigger continuous rallies for a few days, but a sell off and profit take usually follows this type of violent move. That said, for now, investors can at least be intrigued by what this project has to offer.
Rarible’s emphasis on non-fungible tokens (NFTs) is something investors seem to like. The NFT space has had its ups and downs over the past year. That said, it remains a high-growth area of the market that many crypto investors are focusing on. With a platform enabling NFT trading, as well as the ability for users to issue their own NFTs, there’s a lot to like about the growth potential of this long-term project.
With that said, let’s dive into where the experts see this token heading from here.
Rare Price Predictions
For context, RARI is currently trading at $5.08 per token.
- WalletInvestor provides a rather bearish one-year price prediction of just 18 cents for RARI.
- However, Gov Capital is much more optimistic, predicting that RARI could be worth $14.58 in one year and $35.86 in five years.
- DigitalCoinPrice offers a 2023 and 2027 average price target of $8.42 and $16.11, respectively, for this token.
As of the date of publication, Chris MacDonald had (neither directly nor indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com publishing guidelines.