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Is Bitgert (BRISE) Slowly Killing Safemoon (SFM)? Facts You Need To Know

Written By : Market Trends

Key Insight:

  • Bitgert building a blockchain has significantly reduced Safemoon influence
  • Bitgert fast delivery of the roadmap is attracting Safemoon holders
  • Bitgert's massive developments in the next few months will make Safemoon less attractive

Crypto analysts believe that Bitgert (BRISE) might be the coin that will kill so many crypto projects of 2021, including Safemoon. The disruptive blockchain product that the Bitgert team is building is slowly killing Safemoon. So it is true that the Bitgert project is already killing Safemoon and many other crypto projects in the market.

Bitgert and Safemoon competition started immediately after the launch of the Bitgert roadmap. The crypto community was quick to notice the similarities, especially in products. Both Bitgert and Safemoon are DeFi projects, and their roadmap V1 was very similar. Here are ways that Bitgert is killing Safemoon:

Fast Bitgert Roadmap Delivery

The fast way that Bitgert is killing Safemoon is the fast delivery of the roadmap. Bitgert has the first roadmap already delivered, while Safemoon is still struggling with the fast roadmap. The fast roadmap delivery is one thing that has made Bitgert attract a lot of Safemoon. With the Bitgert roadmap V2 already launched, more pressure has been added to the Safemoon project.

Powerful BRC20 Blockchain

The other reason why Bitgert is killing Safemoon is the Bitgert BRC20 blockchain. This is because Safemoon has no blockchain. Safemoon is still running on the Binance chain. In addition to that, the Bitgert blockchain is not a typical blockchain. It is a gasless chain and has a speed of 100k TPS. This is another reason why thousands of Safemoon have invested in Bitgert.

Bitgert Fast Growing Ecosystem

The Bitgert fast-growing ecosystem is another thing making Safemoon less attractive. The team is adding products and projects to the chain faster than Safemoon and most crypto projects of 2021. The Bitgert DeFi ecosystem is growing fast, and this is attracting a lot of investors, including Safemoon investors. The Bitgert roadmap V2 and the upcoming Startup Studio products will grow the Bitgert ecosystem bigger. So it is doing to make Safemoon less attractive.

So Safemoon has so much to do to reduce the competition it is getting from the likes of Bitgert. The Safemoon team will need to work on delivering roadmap V1 faster and more so building a roadmap. Otherwise, more Safemoon holders will continue selling to buy Bitgert.

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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

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