Blockchain
Floki Inu or Shiba Inu? Community Says Bitrise Coin Has Better Options
New York, New York–(Newsfile Corp. – November 2, 2021) – Both Floki Inu and Shiba Inu are some of the most explosive crypto coins in 2021. They have both increased in value by more than 5 million, making them some of the most sought-after coins today. So far, there are many Floki Inu and Shiba Inu coin investors making millions of dollars in profits.
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Bitrise Coin is one of the coins giving Floki Inu and Shiba Inu tough competition today. As of writing, Bitrise token has just hit +19,441.17% value increment and has already broken a $150 million market cap barrier.
The Crypto community says the coin is the next big thing in the crypto market. This can be shown from various indicators, including trending on the CoinMarketCap. The number of people joining Bitrise every day, even from the Floki Inu and Shiba Inu communities, is in the thousands.
There are several reasons why Bitrise Coin could be a better option for Floki Inu, Shiba Inu and other hot tokens today. They include innovative tokenomics, and project’s utility products, among others. On tokenomics, Bitrise Coin has a superior approach compared to Floki Inu, Shiba Inu and other competing tokens.
Token in the liquidity pool (43% of quadrillion tokens in supply) will be reduced and burnt regularly to increase the token quantity. Buyback and burning of tokens is where Bitrise coin becomes a tougher competitor to Floki Inu, Shiba In and other tokens. The entire process is automated. Bitrise is the first cryptocurrency to include automatic Buyback with a real use case of payment systems.
The network charges a 12% fee on transactions, and 5% of this fee goes to the Buyback contract, which buys tokens from the liquidity and burns them. All the buyback tokens, according to the Bitrise whitepaper, are burned. Floki Inu and Shiba Inu both have buyback systems, but the burning of tokens in liquidity is not as elaborate or automated.
Automated Buyback and burning of tokens remove price manipulation. This is one thing giving investors confidence in the Bitrise coin. With manual burning, as it is with Floki Inu and Shiba Inu, coin prices can be manipulated.
The Bitrise crypto project has superior utility products than Floki Inu and Shiba Inu. The project has the Bitrise Audits, Bitrise dApp wallet, and Bitrise Exchange as the main utility products. Bitrise Audits was released in August and has been a game-changer in audits. There are many using the platform already.
Bitrise dApp wallet is one of the safest and secure wallets in the market today. It makes use of mnemonic phrases, security access keys, passwords, and authentication to keep the users digital assets safe. The wallet combines an intuitive interface, safety and security with powerful functionality.
The wallet also supports multiple blockchains, which allows users to trade thousands of tokens, including BEP20/ERC20 tokens without using Uniswap or Pancakeswap. Users can check prices and surf charts without leaving this wallet.
The wallet also supports p2p transactions and charges zero on all local currency transactions. It’s a powerful wallet that threatens to kill Trustwallet, Metamask and other established wallets. It is available for iOS and Android mobile devices. Check out its Beta 2 version on Google Play Store and Apple App Store.
Bitrise exchange will be the most trusted centralised cryptocurrency exchange due to its highly secure verification system. It will host thousands of tokens, charge lower transaction fees and will be super-fast. It is still under development and coming soon.
These are many reasons why picking Bitrise Coin over Floki Inu and Shiba Inu would be the best decision an investor can make today. Bitrise is a coin that does not need hype because its tokenomics and utility products make it a very competitive coin. It is one of the DeFi projects to watch this season.
The Bitrise team will be launching the revenue sharing staking program, which is a big milestone. As expected, this will come with an increase in token value now that the staking of $BRISE will be realised. It is a highly potent coin, and serious crypto investors should keep an eye on it!
Media Contact
John K
Email: [email protected]
Website: https://www.bitrisetoken.com
Telegram: https://t.me/bitrisetoken
PR – Cryptoshib.com
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101703
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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