Blockchain
Evergrow Coin Hype Gone: Members Joining Bitrise Coin
- Fast building of the DeFi protocol
- Attractive rewards for crypto users
- Bitrise coin has innovative and attractive tokenomics
New York, New York–(Newsfile Corp. – December 2, 2021) – Evergrow Coin’s hype is gone as members are joining Bitrise Coin. Evergrow coin might go down in history as one of the most hyped crypto coins of 2021. Hitting an all-time high of $873 and plummeting back to cents in less than 24 hours left users in shock. Things have not improved for this coin.
Evergrow coin hype is fading fast, and the coin price has plummeted further in the last few weeks. Members are now joining other promising crypto coins that are offering a real utility and development record, and Bitrise coin has been the favourite choice for Evergrow coin members.
Bitrise
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8372/106284_ba04de22f4188ac9_001full.jpg
Bitrise is still a mooning crypto coin launched on 28th July 2021. The token is ranked among the fastest-growing crypto coins today. Bitrise is a DeFi protocol built on Binance Smart Chain and has accomplished a lot compared to other DeFi projects, and this is attracting users.
The fast accomplishment, the innovative tokenomics, good rewards and being a mainstream coin are things attracting Evergrow coin members. Evergrow is a meme coin, which is not built on a stable foundation like Bitrise coin. This is one of the reasons why Evergrow users are now joining the latter.
On accomplishments, the Bitrise team has developed the Bitrise Audits, Techrate Audi, and dApp wallet, which are products running in the Bitrise ecosystem today. This has been achieved in just four months. The exchange is coming up in Q1 2022, and blockchain research has already started.
Such fast accomplishments in development are making Bitrise very appealing to Evergrow coin members. But it is the upcoming staking that is driving the fast-growing popularity of the BRISE token in the last few days. The team says it is launching the staking at the end of November.
The 80% APY of the revenue generated by the products running in the Bitrise ecosystem will be shared among staked tokens. With Bitrise Audits, Techrate Audi, and dApp wallet products already running in the ecosystem, the platform is going to reward staked tokens handsomely. Evergrow coin members want part of the staking rewards.
But the innovative Bitrise tokenomics are still very appealing. First, this is a hyper-deflationary token where token supply is always depreciating. Bitrise has developed a buyback contract to buy back tokens from the liquidity pool and automatically burn them.
The 5% of the collected 12% tax goes to buyback contract, and this is how users are protected from fast plummeting token prices. Bitrise has a token holding reward, which is 4% of the tax collected. The reward is redistributed as BNBs to all token holders and is done automatically. Every 60 minutes, token holders’ wallets are added BNBs.
Evergrow coin members will enjoy better rewards and token value by joining Bitrise coin. Bitrise has been listed on MEXC Global, L Bank, and Bitmart, making the coin more accessible to users.
Follow Bitrise coin social media platforms for the latest updates!
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/106284
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
The post 39% of Canada’s institutional investors have exposure to crypto: KPMG appeared first on HIPTHER Alerts.
Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
The post BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests appeared first on HIPTHER Alerts.
Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.
The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.
KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.
The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.
Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.
Source: cryptonewsz.com
The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.
-
Blockchain Press Releases7 days agoDWF Labs joins the Klaytn Governance Council
-
Blockchain7 days agoPhoenix Group Engages BHM Capital as Liquidity Provider to Boost ADX Liquidity and Enhance Market Dynamics
-
Blockchain7 days ago
Crypto fans count down to bitcoin’s ‘halving’
-
Blockchain7 days ago
Tether USDT stablecoin goes live on TON blockchain
-
Blockchain Press Releases3 days agoDeFi Lens builds advanced Generative AI for Technical Analysis
-
Blockchain3 days ago
Venezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again
-
Blockchain2 days ago
Halving weakness sees $206 million exit crypto funds, Bitcoin miners pivot to AI
-
Blockchain6 days agoSupply Chain Finance Market Forecast to Reach $9.4 Billion by 2029: Increasing Emphasis on Sustainable Sourcing
