Is It Time To Buy?

Is It Time To Buy?

SuperRare (Rare) has been on an upward trajectory for quite some time now and interest in the token doesn’t seem to cease. It added another 26% to its value today. This article explains what it is, if it’s worth investing in, and the best places to buy Rare now.

Top places to buy SuperRare now

As RARE is such a new asset, it’s yet to be listed on major exchanges. You can still purchase RARE using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy RARE right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‘connect’ your wallet to it.

4. You can now swap your ETH for RARE

Now that you’re connected, you’ll be able to swap for 100s of coins including RARE.

What is SuperRare?

It is a premier NFT platform, boasting almost $90 million of digital art collected and $3 million in artist royalties paid to date.

The token emerged from its 1.0 version, where the core team hand-picked and approved artists to mint their works on a shared smart contract as SuperRare NFTs.

SuperRare 2.0 changed that by introducing web-scale curation, independently running storefronts on the platform, and sovereign minting contracts for the artists to mint, promote, and sell their works directly to collectors.

By embarking on this path of progressive decentralization, it shifted ownership and governance of the network to the community.

SuperRare 2.0 is a decentralized organization that oversees key platform parameters, allocates funds from the Community Treasury, and votes on proposed improvements to the network and protocol.

Should I buy RARE today?

It’s important to do your own research. Don’t forget your decision to trade depends on your expertise in the market, your attitude to risk, and the features and spread of your investment portfolio.

RARE price prediction

Wallet Investor is very bearish on RARE. They predict the RARE token will drop from its current price of $0.70 to $0.03 in one year, making it a poor short-term investment.

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