Exploring Bitgert’s potential for a 200% surge this week
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Bitgert (BRISE) is catching investor attention as experts predict a potential 200% surge in the coming week.
The crypto market is undergoing another interval of correction, with Bitcoin up by just 1.4% over the past week and Ethereum registering a decline of 3.5%. However, Bitcoin continues to route for $70k while the overall market cap has been above the $2.5 trillion mark for a considerable time now.Â
The bull market has made several runs in 2024, and with more institutional adoption and new projects around the corner, the prospects seem lucrative. For investors and traders, spilling their funds on blue-chip tokens isn’t advisable during this phase.Â
Instead, the investors should opt for tokens with good potential, strong fundamentals, and the possibility of a massive pull. There’s one token that has caught the fancy of many investors, with experts predicting a 200% increase in the coming week. That token is Bitgert – the latest sensation on the L1 scene, which has an impressive speed of 100K TPS and negligible gas fees.
Let’s study the factors of why or why not Bitgert will make expert predictions true this June.
Bitgert was launched in 2021 as a BRC-20 token. Within the same year, it was rebranded and launched again as a layer-1 blockchain based on the Proof of Authority consensus mechanism. The PoA mechanism ensures faster block times and a great user experience. For this reason, Bitgert has been a favorite among developers and founders.Â
Bitgert has its own NFT marketplace, RWA market, centralized exchange, P2P crypto exchange, and a crypto gateway to help users wade through the complexities with ease and perform functions all in one place.
Bitgert has thousands of collaborations and partnerships with industry leaders and emerging names in the industry. Some of Bitgert’s recent partnerships include names like:
- Camelot Protocol
- Habit Network
- GoAction
- Ontology BlockchainÂ
- Uniport NetworkÂ
- Billions Quest, etc.Â
Bitgert’s native token, BRISE serves as the utility cum governance token of the ecosystem. Bitgert has a limited supply of 1 quadrillion and a deflationary mechanism under which 61% of the BRISE supply has been burned.Â
BRISE gained throughout May and registered monthly gains of 8%. Bitgert reached a local high of $0.00000017 but has been undergoing a correction lately. Bitgert needs to overcome a major resistance at $0.000000162 before it can chart higher gains. The technical signals paint a positive picture, and an increase in trading volumes suggests increased investor interest.Â
In case of a downward movement, the local bottom of $0.00000014 will be acting as immediate support. Bitgert has a highly active community and a blockchain that has successfully served over 47 million transactions. The project holds great promise as the current league of L1s becomes monolithic and investors look for better projects to invest in.
To know more about Bitgert, visit the official website.
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