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Yes, Crashing Safemoon Price May Be Driven By Bitgert (BRISE)- Reasons

IndustryTrends

Key Points

  • The consistent rise in Bitgert (BRISE) value over the plummeting Safemoon
  • Bitgert BRC20 blockchain adoption is also killing Safemoon demand
  • Centcex partnership is growing Bitgert demand than Safemoon

Safemoon price has been crashing in 2022, and of the major causes is the competition. One of the biggest competitors has been Bitgert (BRISE). Bitgert is quickly dominating the crypto sector in many ways. Safemoon has tried to catch up with Bitgert, but it has been impossible. Today, Safemoon remains far behind Bitgert in terms of value, products, and projects.

So far, there are no positive indications that Safemoon will overtake Bitgert in any way. The bullish status of Bitgert this month over Safemoon plummeting is just one of the reasons. For the past 12 months since launch, Bitgert has been on a consistent bullish trend, which has been a prime appealing element for investors.

The high demand for Bitgert, based on the many products it has launched within a short time, has subsequently led to a significant rise in price, hence high prospective profits for investors.

Bitgert (BRISE), unlike Safemoon, is among the first networks to offer a $0.00000001 gas fee for all transactions. Upon the establishment and adoption of the Bitgert BRC20 chain, investors have an opportunity to buy Bitgert tokens and enjoy the lowest gas fee today.

In fact, some Safemoon investors are selling their Safemoon investments to join the Bitgert community. The continued selling of Safemoon tokens to buy BRISE has significantly contributed to the crashing of Safemoon. The trend may continue as Bitgert builds more prominence than Safemoon.

The USDT/USDC bridge has equally influenced the market position of Bitgert against Safemoon. Today, $USDT/$USDC bridge has enabled blockchain users from networks supported by the Bitgert BRC20 chain to swap their stablecoins to the Bitgert chain. Even Safemoon holders can easily swap their Safemoon tokens to Bitgert with maximum ease and convenience.

 The Bitgert ecosystem has been among the fast-growing blockchain ecosystems compared to Safemoon. This growth is projected to increase following the Centcex partnership. Centcex is building Bitgert products and projects. So this is a partnership that will skyrocket Bitgert price bigger than Safemoon SFM.

With a bigger ecosystem, more Safemoon investors are likely to sell their Safemoon investments to join Bitgert. Safemoon investors are already joining the Bitgert community this month.

As long as Safemoon fails to address the above strongholds exhibited by Bitgert, the eventualities are predictable, whereby Safemoon will eventually lose value and crash. So Bitgert has largely contributed to the crashing of Safemoon (SFM).

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