Crypto Bitrise (BRISE) Potentially Becomes Safemoon's Toughest Challenger

Bitrise will compete with Safemoon (Marketrealist)

JAKARTA – Bitrise Token (BRISE) is considered to be Safemoon's strongest challenger. Experts assess Bitrise has great potential to be the next Safemoon. Bitrise is the fastest-growing cryptocurrency among other Safemoon challengers.

The Bitrise token, which was launched at the end of last July, has a myriad of interesting features on offer ranging from digital wallets to decentralized exchanges and decentralized applications (DApps).

On the other hand, Safemoon is experiencing a decline after price spikes in May and last October. The number of Safemoon products hosted by its ecosystem is less than Bitrise. Holders also get fewer token rewards than BRISE token holders.

Launching Yahoo Finance, Bitrise has an automatic token buyback and burning program, while Safemoon does burning manually. This means that the regulation of Safemoon token liquidity is said to be less transparent. That is the reason why Safemoon holders look to Bitrise. Bitrise token ROI is also rated better than its competitors.

“Bitrise is a crypto engineering organization focused on blockchain technology products and audit solutions, Bitrise token holders also benefit through static rewards in the form of BNB into their wallets to hold and our smart contract also has a buyback function which helps our token price growth and makes it's rarer," wrote Safemoon on its official website.

In the competition between the two tokens, Safemoon is considered behind by its competitor, Bitrise. If Safemoon's developers don't address the underlying issues in their ecosystem, it's likely that holders will turn to Bitrise. Nevertheless, Safemoon remains one of the strongest cryptocurrencies, but its dominance is starting to wane.

According to a data report from Coinecko, the Bitrise token (BRISE) is trading at the level of IDR 0.00451467 at the time of writing. BRISE fell 27.7 percent in one week. Meanwhile, in the last two weeks, the price of Bitrise has increased by 499.8 percent.