New York, New York–(Newsfile Corp. – November 7, 2021) – Currently, Bitrise coin is among the top-rated projects by crypto experts. In fact, most cryptocurrency experts agree that the Bitrise coin is the real deal and the next big thing after Safemoon. At the moment, Safemoon is one of the hottest cryptocurrencies, but Bitrise coin is coming up fast and furious.
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A look at the performance of the Bitrise crypto coin in the last three months, shows a coin that is steadily challenging the big boys in the market, including Safemoon. Bitrise has been gaining massive support from various community members, including Safemoon community members, who are joining the coin in thousands every day.
The impact of Bitrise token popularity can be seen in the liquidity growth over the last few weeks. The coin’s liquidity just jumped from $100k to over $900k in just 3 weeks, and the market cap was $205m at the time of writing.
A few days ago, the team announced that Safemoon whales had joined the Bitrise coin. This is a major move that shows the direction where the coin is moving, which is obvious. Whales do not make moves by mistake, but only after a thorough assessment. The move was a sign of confidence investors have in this token.
The design of the Bitrise crypto project is the major force driving the popularity of this coin. The team says they have ‘built a platform that rewards their investors’, which is exactly what Bitrise coin is. It is rewarding token investors handsomely, and that’s why they are joining in thousands.
A look at tokenomics, as per the Bitrise whitepaper, shows how token holders are making good returns out of their investments. Only 38% of the total token supply (quadrillion tokens) is set aside for the liquidity pool. As a hyper-deflationary token, 50% of the total supply tokens was burnt upon token launch.
The tokens automated the buyback process, making Bitrise the first cryptocurrency to ever include automatic buyback with a real use case of payment systems. Safemoon burns manually. The network charges a 12% fee on every token sale, and 5% of this fee is sent to the buyback contract to buy and burn purchased tokens automatically. This makes the coin superior to safemoon.
Still on the tokenomics, 4% of the 12% fee is distributed among token holders every 60 minutes in BNBs. Rewards are sent automatically to the token holders wallets. Therefore token holders earn static income, unlike Safemoon where getting reflections is a process.
Bitrise projects include Bitrise Audits and Techrate Audit, free audit programs for blockchains and smart contracts, and Bitrise dApp wallet. The wallet combines an intuitive interface with powerful functionality that dwarfs Safemoon wallet. These launched products are making the token superior to Safemoon. Bitrise exchange and the Bitrise blockchain are in development stages and are expected to make Bitrise network superior to Safemoon Exchange.
As more products launch, as per roadmap, the Bitrise coin is projected to become even more competitive to Safemoon.
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