Bitrise Coin Expected to Provide Tough Competition for Safem…

(MENAFN– Newsfile Corp) Bitrise Coin Expected to Provide Tough Competition for Safemoon and Shiba Inu

New York, New York–(Newsfile Corp. – November 10, 2021) – Though Safemoon and Shiba Inu are making it big in the market today, their design is predicted to be limited. This is because the Bitrise coin , a tough competitor to the two coins, is coming up fast and furious.


Bitrise

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The Bitrise coin has been breaking all the previous records by crypto coins. The recent one is a growth rate of +500% in a week for a barely four-month-old coin. 


As experts have been explaining, it is easy to tell a good crypto coin by just looking at its tokenomics and network products. These two areas show that Bitrise coins give tough competition to Safemoon and Shiba Inu.

A look at tokenomics, as described in the whitepaper , shows that Bitrise is designed to enable token holders to make as much returns from their crypto investments as possible. By being a hyper-hyper-deflationary token, Bitrise always ensures the demand and price of the token are high to give investors value.

Regulating liquidity is key in maintaining constant demand and price. This is where the Bitrise team became creative and innovative to beat Safemoon, Shiba Inu, and other coins. They automated the token buyback and burning process, making Bitrise the first cryptocurrency to ever include automatic buyback with a real use case of payment systems.

Safemoon and Shiba Inu coins burn manually, hence becoming inferior to Bitrise coins. The Bitrise network charges a 12% fee on every token sale, and 5% of this fee goes to the buyback contract to automatically purchase. Tokens bought from the liquidity pool are burned immediately. That is how transparent the liquidity regulation process is.

The 4% of the 12% charged fee is distributed to all token holders every 60 minutes in BNBs. Rewards are sent automatically to the token holders’ wallets. Getting Safemoon and Shiba Inu reflections is a manual and tiresome process.

Bitrise project products are more in number than Safemoon and Shiba Inu network. The products include Bitrise Audits , Techrate Audit , and Bitrise dApp wallet . The wallet combines an intuitive interface with powerful functionality that dwarfs all other wallets. Bitrise exchange and the IBitrise blockchain are major products that will also surpass the two networks.

Bitrise crypto token is also projected to offer better revenues from staking because the larger number of products means more revenue. Note that the network will host more products than Safemoon and Shiba Inu networks.

Revenue share plus BNBs rewards for holding Bitrise tokens means more returns to the investor. Crypto experts project more new members will join Bitrise coin than Safemoon and Shiba Inu in the coming days because of these advantages.

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