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Bitrise Crypto Coin Announces Initial Successes and Plans to Compete with Safemoon

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New York, New York–(Newsfile Corp. – November 8, 2021) – Bitrise coin is the crypto that will be the next Safemoon. There is no doubt that the Bitrise coin is the most talked-about crypto coin in the market today. The coin has trended #1 on CoinMarketCap and has been gaining thousands of new members every day. However, the most exciting thing has been the comparison made on this coin with Safemoon, which shows how powerful the Bitrise coin is.

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Crypto experts have repeatedly said that the Bitrise crypto coin will be the next Safemoon. This is in terms of the performance in the market and the economic benefits Safemoon is giving its investors. Crypto experts have been extracting some aspects that Bitrise coin is superior to Safemoon to prove that the cryptocurrency might even do better than Safemoon.

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The tokenomics and network products running on the Bitrise ecosystem are the major areas this coin has proven superior. On tokenomics, Bitrise coin is the most attractive crypto today compared to Safemoon. As a hyper-deflationary token, the demands and price for the token will automatically soar with every token sale transaction. Upon the token launch, 50% of the quadrillion tokens in supply were burnt, and the price went up.

The team has implemented an automated buyback process, making Bitrise cryptocurrency the first ever to include automatic Buyback with the real use case of payment systems. Every 5% of the 12% fee charged on transaction goes to a buyback contract to buy tokens from the liquidity pool. The purchased tokens are burnt immediately. Note that only 38% of the total token supply went to the liquidity pool for investors to purchase.

While still on tokenomics, 4% of the 12% fee is automatically distributed to the token holders every 60 minutes in BNBs.

On the products, Bitrise Audits and Techrate Audit were the first products and were released in August. The programs offer free audit programs for smart contracts and have been a game-changer in audits. Hundreds of blockchain and smart contract developers have used the programs to test their platform integrity.

Bitrise dApp wallet was the second product according to the roadmap and the team recently released the Beta 2 version. The wallet combines an intuitive interface with powerful functionality that makes it superior to Safemoon’s wallet. The wallet is so good that it challenges Trustwallet, MetaMask, and many other dominant wallets popular today.

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Bitrise exchange is the next product in the pipeline and will be superior to the upcoming SafeMoon exchange based on the expected features. The expected IBitrise blockchain, which uses Relaychain and parachains, will make Bitrise the most powerful cryptocurrencies that Safemoon and other crypto projects.

These are just some of the reasons why crypto experts believe Bitrise crypto coin is the next Safemoon. The crypto coin has huge potential and has been proving that every day. Experts say it is still early and the crypto coin potential is yet to be exploited.

Media Contact

John K
Email: [email protected]
Website: https://www.bitrisetoken.com
Telegram: https://t.me/bitrisetoken

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102351

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Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit and DMCC Crowned 5 Blockchain Projects in MENA’s Largest Web3 Hackathon

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Trident Reports First Half 2024 Unaudited Financial Results

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CoreNest Capital, Sologenic’s VC partner, invests in Texture, a U.S.-based broker-dealer, to launch SoloTex, a new platform for trading tokenized equities

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Sologenic + Texture = SoloTexAs a result of a strategic partnership between the Sologenic Development Foundation and Texture Capital Inc., a FINRA—and SEC-licensed broker-dealer, SoloTex aims to be the ultimate gateway to tokenizing and trading capital markets on demand.This innovative approach leverages tokenization to introduce features like enhanced liquidity, fractional ownership, and quicker settlement processes, offering a more efficient way to manage and exchange assets.Join the waitlist at SoloTex.com to learn more.

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