Investors are getting rich quickly with cryptocurrencies. For example, Shiba coin was recently able to turn an investment of as little as $10 into millions of dollars in only a few months. Many people have also become millionaires trading meme coins including Dogecoin and Floki Inu.
All it takes is to correctly spot the next crypto to explode and invest in it as early as possible and wait. Bitrise crypto has caught the attention of many potential investors even though some are attracted to its meme counterpart Dogelon.
What’s Bitrise (BRISE) crypto and how does it work?
Shiba coin challenged Dogecoin, which is a favorite of Tesla CEO Elon Musk. Dogelon describes itself as a Dogecoin fork. Bitrise belongs in this meme crypto space and promises to offer investors the best of SafeMoon, EverGrow, and Shiba all in one place.
It launched toward the end of July 2021 and went on to shake the meme crypto space in only a few months. For example, Bitrise rapidly attracted more than 50,000 holders and has been introducing products that have the potential to quickly grow the value of its BRISE token.
Is Bitrise (BRISE) crypto a good investment?
Bitrise has outlined many ambitious growth plans that if successful could cause the price of its BRISE token to explode. The project has already launched an audit solution to help make blockchains and smart contracts more secure. After several incidents of hacks and scams, many people have grown skeptical of crypto. Therefore, enhancing the security of DeFi products can help build trust and attract more users and investors into the crypto space.
Bitrise has launched a wallet product and plans to offer payment and DeFi products on that platform. The project is building a crypto exchange that will list the native BRISE token as well as a diverse range of other coins and tokens.
The Shiba team also built an exchange that has continued to see growing adoption. The exchange product has enhanced confidence in Shiba coin’s prospects and partly explains the recent rush to buy it. Therefore, Bitrise’s exchange product could greatly boost the value of its BRISE coin.
The project is working on staking and parachain programs. Staking will expand the earnings opportunity for investors on the network. Meanwhile, parachains can open a new important revenue source. For example, Polkadot and Kusama have made money from auctioning parachain slots on their platforms.
Bitrise (BRISE) crypto price prediction
Bitrise is trying to woo investors with earnings opportunities. A transaction on the platform attracts a 12 percent tax. The project takes 5 percent of that to fund BRISE token burn. The buyback and burn program is designed to grow the value of the remaining tokens.
The project distributes 4 percent of the transaction tax to investors in a format similar to how companies pay dividends to shareholders. The remaining 3 percent goes toward funding marketing activities to increase awareness of the project and draw more users and investors.
The multiple earnings opportunities and the publicity activities have the potential to draw more investors to Bitrise crypto, which could in turn grow the value of the BRISE token.
At a price of about $0.0000003 currently, Bitrise crypto’s major test now is getting to 1 cent. It could hit that price milestone in 2022 or 2025 depending on how effective its token burn program is and how the market receives its products. The crypto could also get a boost from getting listed on popular exchanges like Coinbase, Binance, eToro, and Robinhood.
Where to buy Bitrise (BRISE) token
If you like the Bitrise crypto price prediction and you're looking for the next meme crypto that could explode, you might want to include it in your portfolio. Before Bitrise comes to Coinbase, you can buy BRISE token on Uniswap. You will need to have BNB coin in your wallet and then connect it to the Uniswap platform to swap it for BRISE coin.
While Bitrise could make you a millionaire, keep in mind that cryptocurrencies remain speculative investments and new meme tokens like BRISE could pose even more risk. Therefore, it would be prudent to only invest money you can afford to lose.