Market Watch: Will Bitgert Experience a 200% Jump This Week?
Have you been feeling the hype around the crypto market in recent months? The headlines are all about how the market has jumped to create new all-time highs and profit the investors. Cryptocurrencies have become an asset for the world as people realize the importance of decentralization. Looking at the market, there are some currencies that have displayed exceptional performance.
Bitgert ’s BRISE coin is one of the tokens that have shown great success in the market. The coin created history with a 40,000% price surge when it touched its all-time high a few weeks back. Even now, the currency has been trading well above its initial pricing since the time of launch. The coin gives an advantage to the investors by being priced low currently and with no initial coin offering to the world.
So, let’s analyze Bitgert’s BRISE coin closely and see whether it will have a 200% price jump as predicted by the experts.
What is so Special About Bitgert?
Bitgert is one of the premier options for developers to host their decentralized projects. Bitgert was launched to rival the top networks like Solana and Cardano. The Bitgert team feels that none of the blockchains address the pressing issues of transaction speed and the transaction cost incurred over using a blockchain network.
Introduced in 2021, Bitgert revolutionizes blockchain technology by combining PoS and PoA consensus mechanisms. These mechanisms work together and allow the users to verify their transactions without each network member’s approval. The transaction speed thus offered by Bitgert is 100k TPS, which helps make thousands of transactions in an hour or so. Then, the near-zero gas fee charged by Bitgert is also a plus point for users as they do not have to pay a lot to add blocks to their network.
The Bitgert chain has created a complete ecosystem and community that supports their cause. Bitgert’s BRISE coin stands in the middle of this ecosystem by being the native token of this blockchain network. It has helped in promoting Bitgert’s BRISE coin in the market and thereby increase its pricing.
Factors Promoting Bitgert’s BRISE Coin
- Project Developments: The Bitgert team is constantly innovating. Their recently launched decentralized exchange, Bitgert BRISE exchange, boasts lightning-fast transaction speeds and zero gas fees. This could attract a significant user base, potentially driving up BRISE demand.
- Burning Mechanism: Bitgert employs a unique tokenomics strategy that involves burning a portion of every transaction. This reduces the total supply of BRISE, potentially increasing its scarcity and value over time. Nearly 61% of Bitgert’s BRISE coin in circulation have been burnt, which increases the price of the currency as the demand is rising too.
- Community Support: Bitgert boasts a passionate and vocal community. Strong community backing can significantly impact a cryptocurrency’s price, especially during periods of high volatility.
Conclusion
These factors have been playing well for Bitgert’s BRISE coin and helping the token climb higher in the market. The KPIs of Bitgert’s BRISE coin also indicate a great show in the future. The RSI and MACD values have predicted a bullish movement for BRISE coin. The trading volume and moving average of Bitgert’s BRISE coin are backing up the claims. So, the 200% price surge being talked about seems very real with the current picture in mind.
To know more about Bitgert, Visit https://bitgert.com .
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
