BitRise Token, self-proclaimed "the next Solana," is up by over 380.60% in the last 24 hours. According to CoinMarketCap, the token is trading at $7.70e-8 with a 24-hour trading volume of $326,086 at the time of writing.
On August 13, BitRise Token hit its all-time high of $0.000004078 before dropping all over to $3.9e-6. And then, it dropped again to $7.70e-8.
Following the recent price surge, the BitRise Token team tweeted a chart update. The team said,
"Chart Update: Our Technical Analysis says we might hit $0.0000000454240 in the next few days, and the support is $0.0000000150240 | We might cross $20-25 Million Market cap very quick!"
Based on the BitRise Token website, the token holders benefit through static rewards in BNB into their wallets for holding. More so, they also profit from the automatic "Buy-Back" process built into the contract. The BitRise Token said that when the Buy-Back function is turned on, the contract automatically "Buys Back and Burns Tokens after each sell."
BitRise Token also added, "For the first time ever, you don’t need to claim your earned BNB. It’s automatically sent to your wallet every 60 minutes."
In addition, BitRise Token is a peer-to-peer (P2P) service for payment systems using our DApp wallet in the local currency. Users will use it with zero transaction fees, faster and secure transactions. What is more, the team said two buyers and sellers interact directly with each other, without a mediator.
Recently, the BitRise Token team announced that when it comes to their community, they take it very seriously. They added that BitRise LP has been locked for 79+ Years.