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Bitgert rose approximately 140% last month, making it the most demanding coin in the crypto space as of now.
Bitgert is the most demanding coin nowadays; shattering the heartbeats of investors as it rose by almost 140% in a single month. The coin overtook the major coins in terms of performance. Investors and experts alike are closely monitoring its performance.
Bitgert Coin Giving Robust Performance
The BRISE token, the proprietary cryptocurrency of Bitgert, has garnered substantial engagement due to its stellar performance, eclipsing the growth of established cryptocurrencies such as Bitcoin, which saw a 20% increase in the same period.
The Bitgert team’s commitment to swift product development and user experience is evident. The platform’s standout feature is its minimal gas fees, facilitating a high volume of transactions supported by a transaction rate of 100,000 per second.
It is currently well-positioned for a bullish trend, with the possibility to overcome major resistance levels due to its recent trading movement. The token’s value has surged by 95.40% over the past week, outperforming the overall cryptocurrency market’s 11.80% rise.
Understanding the Bitgert coin?
Bitgert’s journey began in 2021 under the name BitRise on the BRC20 blockchain. It has since transitioned to the Bitgert brand and operates on a Proof of Authority (POA) blockchain. The platform is gaining recognition as a formidable competitor to Solana, earning the moniker “Solana killer.”
Among its notable attributes, Brise is acclaimed for its high-speed transaction capability, ranking as the second-fastest cryptocurrency with 100,000 transactions per second. It also boasts compatibility with both the Binance Smart Chain (BSC) and Ethereum Virtual Machine (EVM), distinguishing itself as the first crypto trading platform to offer unlimited transactions without gas fees.
The main Reason Behind the Biggest Surge
The main reason behind the Bitgert surge is its burning mechanism. It has a maximum supply of 1 quadrillion whereas the total supply of 427 trillion. 50% is the initial burn, 38% is liquidity, 7% is reserved for future development and marketing, and 5% is for the Developer team. 38.31% of the total supply is in circulation which is trading on the 17 exchanges.
If the supply of any asset declines then the value will increase. The project will continue to decrease Bitgert token’s supply using the burn mechanism. With a fixed supply of 1 quadrillion BRISE, the token’s value will increase as adoption increases.
Based on the CoinMarketCap data, BRISE is trading at the current price of $0.0000003492, after an upsurge of 12.10% in a day. It has a market cap of $138,016,240 and a 24-hour volume of $3,841,146.
$0.00000404 is BRISE’s all-time high, recorded on August 13, 2021, and an all-time low of $0.0000003021, which was documented on August 26, 2021.
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
