DeFi Project Ultrasafe Breaks World Records In Its First Days, Continues Rapid Growth

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

When it was first announced, Ultrasafe seemed like just another DeFi token. Based on Binance Smart Chain, the project promised to be the safest place to invest their funds and earn rewards simply by holding. The rewards would come from its frictionless yield protocol, and they would secure a certain passive income for the users. The project claimed to have locked liquidity and to be completely rug-proof, making it the safest investment on the Binance Smart Chain.

Impressively, this sat really well with the DeFi sector, and the careful preparations that Ultrasafe took before launch really seemed to have paid off. The project conducted an audit even before it launched, which may have been the breaking point for the following success.

Ultrasafe Launches Then Explodes

Ultrasafes’ launch was parabolic. Smashing world records in its path, the holder count hit 5,000 in just 24 hours. The projects’ huge emphasis on safety from scams and cyber attacks resonated with the average investor. The ‘crypto-skeptics’ felt comfortable investing in UltraSafe and long-term investors recognized the projects’ massive potential.

With a single marketing phase and one pre-launch audit behind it, Ultrasafe exploded as soon as it went live on PancakeSwap on May 14th. The token was also listed on CoinGecko on the very first day, and the success stream only continued after that.

36 hours after launch, it already reached 15,000 holders, and by the end of its second day, the token had a market cap of over $60 million. It announced the development of its merch store, and its second audit started very soon. The first one — the one before launch — was done by Solidity, while the second one was conducted by CertiK. With both companies being extremely trusted and reliable, their positive findings only brought further trust and hype to the community that simply kept buying.

The project’s community had it trending on CoinGecko, its social media accounts blew up, and in less than a week since launch, the project was listed on its first centralized exchange — LBank Exchange. Around the same time, Ultrasafe’s user count climbed to around 30,000. The project then got its own shiny billboard in NYC’s Times Square, which further boosted the user count.

At the time of writing, the project is very close to hitting 50k holders, and once it happens, it plans an array of actions, including major press releases, mainstream news features, the release of Ultrasafe NFTs, in-person developer charity donation, project Titanium Ice inception, and an announcement of a major partnership, according to its roadmap.

With the project launching on CoinMarketCap only a few days ago, it is likely only a matter of time before it announces its 50k holders’ mark.

Ultrasafe was launched at a very fortunate time when the stance towards the crypto industry seems to be strongly changing in and out of the US. With constant scams and rug pulls, exasperated investors found solace in UltraSafe as a secure place to store their wealth and earn passive income. That doesn’t mean that the project had had it easy, or that it doesn’t deserve everything it got so far, of course. It simply came at the right time, with a great pitch, a good quality offering, and it spared no cost or effort to attract as much attention as possible in a very short time. The end result was quite impressive, and it will be interesting to see how things will progress from here.

Image Sourced from Pixabay

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.