1000s of new members join Bitrise Coin every day, making it the fastest growing crypto for the last two months, proving it’s a force to reckon with in the crypto market. Despite the initial slow growth, the coin value exploded in the last two months after the team started releasing network products as per the roadmap. The Bitrise dApp Wallet release saw the coin just explode. That’s why in the last three weeks of October, the token liquidity grew by +900% to hit almost a million dollars.
As of writing, thousands of new members have been joining Bitrise coin for the last few weeks, and that’s one of the reasons why token liquidity and the market cap are growing very fast. This is despite the negative energy from the FUD campaigns launched by pessimists.
The most interesting thing is where these thousands of new members are coming from. Recent studies have shown that thousands of Safemmon, Shiba Inu, Evegrown and other major coin community members are joining Bitrise coin. Understanding that these are some of the best performing crypto coins and have Bitrise coin competitors, these moves are a powerful statement.
Of late, there have been movements of whales from the major crypto projects joining Bitrise coin. The latest move was by Safemoon whales. The move has seen the number of new members joining the cryptocurrency increase tremendously.
The momentum will not reduce any time soon because Bitrise crypto coins continue to get aggressive every day. Apart from the innovative and appealing tokenomics, the launch of ecosystem’s products has been a key driver in this growth.
The launch of the Bitrise dApp wallets and its Beta 2 version is one of the moves that increase investor’s confidence. The wallet is available on Google Play Store for Android phones. For iOS phone users, the mobile app wallet will be listed soon on the Apple App Store.
The team had previously launched Bitrise Audits and Techrate Audit in August as the first products. The programs offer free audit programs for blockchains and smart contracts and are doing very well in the market.
Soon, Bitrise crypto coin investors will start staking, and the network’s revenue share program is launching soon. 80% APY of the revenues generated from the products such as Bitrise Audit, dApp wallet, Bitrise exchange (in the development stage) is up for sharing, plus the BNB rewards for holding tokens. Such huge income is another reason why thousands of investors will be joining the coin even going forward.
There are many other upcoming projects, according to the roadmap, that will keep the crypto coin appealing. This includes the IBitrise blockchain, which the team announced extensive research on the Relaychain and Parachains.
Bitrise coin growth is not stopping soon because the crypto coin has so much potential, and its aggressiveness grows every day. The staking process is coming up at the end of November, and expert projects the high revenue sharing margin will see the number of new members increase by huge margins.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Times of Chennai journalist was involved in the writing and production of this article.