Key Points
Safemoon investors are losing their confidence in SFM tokens due to the constant losses. In fact, Safemoon has been losing traction to the likes of Bitgert (BRISE). Crypto experts say that Safemoon investors have been buying more Bitgert this month. The growing number of Safemoon holders buying Bitgert has been influenced by the bullish Bitgert, especially in 2022.
Bitgert outlook has managed to remain bullish as compared to Safemoon, that have been declining rapidly in 2022. This means Safemoon investors will keep selling and buying more Bitgert, which is promising better profits. Why is Safemoon quickly losing traction to Bitgert? Here are the reasons:
Bitgert has become a major player in the crypto industry, following the launch of many products and projects within a short time. Unlike Safemoon, Bitgert was able to complete the Roadmap V1 delivery within 200 days. The roadmap V1 delivery brought about significant products such as the Bitgert BRC20 chain.
Bitgert currently operates its own blockchain, unlike Safemoon, that's on the Binance chain. Bitgert is already implementing Roadmap V2 delivery as Safemoon rags back in Roadmap V1 delivery. Brise recently launched the USDT/USDC bridge.
Bitgert has been among the few Altcoins that enable investors to transact at a zero gas fee. Today, Bitgert investors transact at a $0.00000001 gas fee, which is cheaper than Safemoon. Safemoon still uses BSC charges. Safemoon transaction SFM is hundreds of times expensive. Safemoon will need to build the Safemoon blockchain and lower the gas fee below Bitgert charges.
The value of Bitgert is bound to shoot up even further due to the upcoming 10000+ projects under the Startup Studio program. Safemoon investors are buying Bitgert today to invest in these projects. With more projects joining the Bitgert BRC20, the demand for Brise will increase, which is why Safemoon investors are selling Safemoon holdings to buy BRISE.
Safemoon has a lot to do to measure up with Bitgert. Safemoon investors will keep buying Bitgert investments and selling their Safemoon investments for a better future in $BRISE.
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