If the social media frenzy and current market activity is to be believed, everyone’s current favourite altcoin this bull run has been Bitgert. The trading volume of Bitgert (BRISE) is $2,340,826 in the last 24 hours, representing a 11.10% increase from one day ago and signalling a recent rise in market activity.
The price pump of 80% in the last month coupled with the 7.32% increase in the last 24 hours has caught the eye of many investors.
Is Bitgert the altcoin you should be betting on? Let’s explore.
How realistic is the upcoming price surge?
Bitgert has developed a high-speed blockchain called Brise Chain with a throughput of more than 100k transactions per second (TPS) with zero gas fees.
Some of the key features which set Bitgert apart are:
- Effortless Swapping: BRISE Swap facilitates instant and cost-effective crypto exchanges with zero fees.
- Blazing-Fast Speeds: Bitgert boasts a processing power of 100,000 transactions per second.
- Secure Storage: The BRISE Wallet DApp provides a secure haven for your crypto assets, enabling local currency P2P transactions powered by BRISE tokens.
The burn mechanism used by Bitgert has been a major attraction for investors.
Any token with an unlimited supply will ultimately suffer from inflation, and prices will decline as supply overpowers demand. The simple rule of supply and demand applies here too.
Ethereum has a deflationary model for its token, Ether. All the gas fees get burned over time. As supply decreases against increasing demand, it leads to a jump in prices. This simple deflationary mechanism in any tokenomics can help a token attain formidable prices in the future.
The burn mechanism used by the project will continue to trim down Bitgert token’s supply and could also help it reach a massive price surge to $0.0001!
The team behind Bitgert has recently burned around 2 Trillion $BRISE to reduce the supply and bring immense benefits to the community.
Conclusion
As the Bitgert ecosystem continues to evolve and mature, its exceptional tokenomics elements will likely continue to be key drivers in the valuation of the Bitgert token, making it a noteworthy asset in the blockchain and cryptocurrency space.
This altcoin might just be a good bet for you in this bull cycle. Bitgert has an amazing community supporting it.
Investors should not forget to do their due diligence based on their risk appetite before making any long term investments.
To know more about Bitgert, Visit https://bitgert.com
