Safemoon Swap & Evolve Has No Significant Impact On Bitgert’s Dominance- Says Crypto Analysts

Safemoon Swap & Evolve Has No Significant Impact On Bitgert’s Dominance- Says Crypto Analysts

Bitgert will continue to dominate Safemoon, even in the coming days

Key Points:

  • Safemoon has just launched its widely anticipated Swap & Evolve, which is addressing the price decline created by its tokenomics
  • The Bitgert zero gas fee chain still remains the most dominant and the most adopted blockchain in the industry today.

The widely anticipated Safemoon Swap & Evolve was released a few days ago and is already addressing the intended problems. The Safemoon team wanted to address the issue of plummeting SFM that is caused by the Swap and Liquify function.

The Safemoon tokenomics includes selling the 500M SFM of the accumulated 10% tax on all transactions. But whenever the SFM sell happens, the Safemoon price usually drops. This is a negative effect and can cause panic to the holders, who sometimes end up selling their assets, fearing that function selling is a sign of an upcoming market downturn.

Safemoon is addressing this problem with Swap & Evolve. The new product enables Safemoon to avoid the negative effect created by the Swap and Liquify function. The Swap & Evolve has reduced the collected amount from 500M SFM to 323,323.32. This reduces the negative impact on the charts as the decline is automatically reduced.

The collected amount is the spread between collectBNB and SwapAndEvolve, which all helps to create a positive effect on the charts. However, crypto experts say that this is just a cosmetic solution to the problem as it does not impact the Safemoon price performance in any way.

The Safemoon Swap & Evolve will have no impact on the Bitgert (BRISE) dominance over Safemoon and other crypto projects. Bitgert has already left Safemoon miles behind, and thus a product with no significant value will have no impact. Bitgert will continue to dominate Safemoon, even in the coming days.

There are many significant developments that the Bitgert team is working on that are expected to stamp the Bitgert dominance over Safemoon and many other crypto projects. The Bitgert gasless chain is still keeping the Bitgert project far away from the likes of Safemoon.

Bitgert has also started developing the roadmap V2, which has more impactful blockchain products than Safemoon Swap & Evolve. The Bitgert stable cryptos bridging is another development that will give Bitgert a strong foothold in the market. There are many Bitgert backed projects coming up, and they will have a bigger impact than the Safemoon Swap & Evolve.

The bottom line is that Bitgert still remains unbeatable even with Safemoon launching its Swap & Evolve. Bitgert is far ahead of Safemoon, and it will be almost impossible for the two to ever compete again.

Related Stories

No stories found.
logo
Analytics Insight
www.analyticsinsight.net