Safemoon (SFM) Is Giving In To $USDT Bridge pressure- Crypto Analysts

Key Highlights

  • Safemoon is still trailing Bitgert in development
  • Safemoon price growth is still stagnating
  • Bitgert to put more pressure on competitors with its massive development

There is so much that the Bitgert (BRISE) has done in the past 11 months that has made it stand out as one of the most attractive crypto investments. The launch of the Bitgert BRC20 always remains the major development in 2022 that pushed Bitgert miles ahead of its competition, like Safemoon.

Safemoon has tried a couple of times to catch up with Bitgert, and the launch of the Safemoon V2 was one of them. The SFM token did so well in the early days of January, but Safemoon price would then plummet non-stop. Until the time of this writing, Safemoon has been trading below its January 2022 price.

But on the other hand, Bitgert (BRISE), Safemoon’s biggest competitor, has been posting one of the biggest developments in the industry. Crypto analysts have said that Bitgert might be one of the best performers in 2022, not just against Safemoon but even the largest cryptocurrencies. This is because of the impressive development that the Bitgert is working on this year.

The Bitgert BRC20 blockchain is one of the major Bitgert developments still causing ripples in the industry. Being a zero gas fee chain and posting an impressive 100k TPS, Bitgert has become the best sought-after blockchain in the market today. The Bitgert team is now building on its blockchain.

Bitgert USDT and USDC bridge is the recent development that has pushed Safemoon even further behind. The bridge is already experiencing massive adoption due to the zero gas fee it offers for the transaction of these stable coins. The crypto community is also using the Bitgert USDT and USDC bridge because of the 100k transaction per second.

The USDT and USDC tokens are growing the Bitgert adoption and are expected to be one of the biggest drivers of the skyrocketing Bitgert chain. The bridge is already making Bitgert post a better price performance than Safemoon. Therefore, the Bitgert stable coin bridge is one of the reasons why Safemoon might still experience massive selling pressure as Safemoon holders buy Bitgert.

The bottom line is that Safemoon has to do more to beat the Bitgert competition. Bitgert remains one of the projects to watch, especially as it launches Bitgert roadmap V2 products. There are a lot of Bitgert developments coming up.

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