October 04, 2022 – The interest rate hikes and the subsequent impact on markets is now well known. Crypto markets too have been on a decline, with more damage coming from the collapse of Luna and TerraUSD and the fall of Celsius and other firms. The credit crisis, a murky global economic situation that is close to recession, and the bear market are dominating today’s markets, with people wondering if big investors will return for more leverage.In the crypto markets alone, bitcoin and ether haven’t fared well, though hodlers are optimistic as ever.
The bitcoin marketcap is down by over half this year. New players are thus looking beyond old wisdom of introducing new concepts or polishing their marketing act. The silver lining in this situation is the presence of new ideas that are just waiting to happen. There are some projects that are attracting attention for their growing community and promise.BurnReflect ($BBBR) is a unique automated audit platform in the making, and has already attracted thousands to its social channels, besides listing on reputed platforms such as CoinGecko, Coinmarketcap, Crypto.com, Binance and Coinbase. The token – BabyBitBurnReflect – reflects its daddy project, #BB, which is distributing BTC rewards with a true burn mechanism to sustain value while Right now everyone is scared of inflation were one of the best deflationary tokens on the bsc.
The project is active on the Binance Smart Chain, with a marketcap of 200K.Users holding the $BBBR token get rewarded with 4% #BB reflections and accumulation of reflections leads to a 5% BTC reward. The total token supply is 1 million and already true burn over 26% leaving only 760k tokens in circulation with a staggering 60 k only left to purchase.
As the supply disappears it will cause a massive price squeeze sonething nobody should miss. As can be expected, the social media channels are abuzz with activity. The project has gained over 1,000 telegram members and 3,000 twitter members. The marketing team is busy too, doing billboards banners, promos, Hulu commercials, YouTube promotions and more.The audit platform under construction is different from others like Certik, as it is a utility software that can do automatic audits and even proxy contracts.
The automated audit eliminates human errors and assures customers and holders with reliable audits.The crypto space is throbbing with innovations today, and the promise of Web3 and Metaverse is beginning to unfold with more and more contributors and new ideas. BurnReflect is adding more value to this ecosystem, and giving adopters reward as well as an audit platform that will be unique in its offerings. The team comprises Brian Nichols who is the dev of SafeZone v2 and is fully doxxed and raring to go all the way.Phase two of the project will see some major action – First NFT release, then hiring on a full marketing team, white paper release, Smart Contract Audit, creating lottery on the website, and more.
For more information, please visit: https://babybitburnreflect.com/
Token scan: Bscscan: https://bscscan.com/token/0x639CF44b66D02F822c57F97dabAF3547462f0CE9