The Rise Coin is set to storm the crypto world with its launch in April 2022. What is expected to be the next dogecoin, the Rise Coin, has strong fundamentals to put a great show on the crypto platforms.
The new hot crypto, Rise Coin, is gaining massive attraction in the crypto social world. As the stats show, the strength of support for the coin has grown since the announcement, and the community of Rise Coin supporters is still trekking upwards every day.
Behind the tremendous support shown to Rise Coin by crypto enthusiasts is the exciting passive income features of the coin.
Based on the information supplied by the Rise Coin Team, it is developed as a safe and secure token with the primary objective of rewarding its loyal holders. The protocols that define the core structure of the Rise Coin passive income plan are strong enough to power the coin to good levels.
According to the Rise Coin team, it is designed to favor ease in generating passive income. The coin's simple hold-to-earn rewards feature differentiates it from the rest of the coins in a similar niche. The users need to hold the Rise Coin ($RISEC) to get rewards in terms of $BUSD.
As explained by the developers of the coin, they will distribute up to 16% of every transaction to their loyal customers. It is supported by the additional rule of penalizing the sellers of the Rise Coin with the Rise Tax on every transaction.
And it gets more interesting with the inclusion of the buyback and burn feature that maintains the coin's scarcity. 2% $RISEC will be collected from every transaction, and when the feature is enabled, the collected $RISEC will be bought directly from the exchanges to raise the price.
The coins purchased will then be removed from the supply chain by sending them to the Contract Burn Address.
The creators of the coin aim to form a large liquidity pool to ensure the stability of the Rise Coin ($RISEC). The coin is showing good signs of utility with its better P2P transaction use case and thus is speculated to jump past the DogeCoin.
Currently, the project is under the radar of keen investors and is being considered a top pick to achieve massive growth after the launch in April 2022.
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