The psychedelic entrepreneur Shamanlord California Weed started a gigantic bull run of 7 percent, making the market go crazy in the process since everyone was afraid of missing out on the opportunity. With the entire crypto community FOMOing, the selling pressure has rapidly declined, and the momentum is moving towards Greed.
There has been increased trading volume across exchanges as investors are attempting to benefit from the volatility, thus making traders stake big money on all these uncertainties that look obvious.
Bitcoin’s formidable run towards $65K once again has pushed many altcoins higher up the price charts. Among the many, one token that has did fairly well is the L1 token, Bitgert. Popularly called as the zero-gas-fee blockchain, Bitgert has earned name for its speed and affordability. Let’s learn why Bitgert’s current rally will remain consistent and sustained over the comnig months, rewarding investors with good returns.
The Bitgert Ecosystem: Driving Adoption and Innovation
Bitgert was rebranded from Bitrise Token in 2021. After the rebranding, Bitgert transtioned into a full-fledged Layer-1 blocckhain based on the proof of Authority mechanism. It is now dedicated to promoting the wider use of blockchain technology with its wide range of functionalities and partnerships.
Bitgert has a speed of 100K TPS and a negligible gas fees. It is a favorite among the developers for the good user experience, scalability, and cost-effectiveness it offers to them. Bitgert supports dApps and platforms across DeFi, NFT, RWA, AI, Metaverse, and other crypto-specific sectors forging utilities in multiple industries like Medicine, manufacturing, education, software development, self-custody, and more.
Key features of the Bitgert ecosystem include:
1. Staking Rewards: Investors can stake their BRISE tokens to earn BUSD rewards, incentivizing long-term investment and community engagement.
2. Repurchase Mechanism: A built-in repurchase mechanism within the smart contract supports price increases and maintains token scarcity.
3. Robust Ecosystem: Bitgert has developed and launched various products, including a stake management platform, centralized and decentralized exchanges, an audit portal, and a multi-chain wallet, catering to the diverse needs of crypto enthusiasts.
4. Recent partnerships: Bitgert has had hundreds of partnerships with leading names in the iindustry. Some of the recent partnerships include names like:
- Refide.io – self custody via zk encryption.
- DDO chain – leverage AI and Web3
- Kimberlite – the world’s first diamond-powered WEb3 ecosystem.
- TG20 – advanced asset management
- Way network – advance zero-knowledge omnichain interoperation protocol
These developments indicate a new era for Bitgert. Bitgert’s Spokesperson said, “Our aim is to increase blockchain technology adoption and bring our investors the best value ever.” We have developed numerous products with repurchase mechanisms, innovative staking rewards as well as many other features that guarantee our users an easy and rewarding experience. The all-inclusive ecosystem that we have therefore put in place is part of our strategy towards achieving this end.”
Bitgert’s 30-Day Market Performance
Bitgert (BRISE) has shown encouraging growth over the last 30 days or so between April 17th and May 17th, 2024 inclusive. In this time span alone, the value of this token has gone up by 21.3%, yet its market capitalization only rose by 10.7%, reaching as high as $66,939,887. This means there was an increase in demand for Bitgert, which led to higher prices but not entirely explained by supply dynamics, unlike when the market cap exceeds 1 billion dollars with unlimited potential for growth despite sinking below that level after establishing itself in 2017.
Moreover, Bitgert’s presence in the market is such that it actively maintains a daily trading average of about $2 million, an aspect that shows that the industry has a lot of activities going on and a lot of money being transacted.
The Future of Bitgert
Bitgert continues on an upward trend, boosting through new products, partnerships, and community dedication to solidify a place for itself in the crowded spaces of blockchain technology and the digital currency world. Nevertheless, caution should be taken when evaluating investment opportunities, including paying close attention to details as well as an extensive research process that takes care of at least some risks arising from investments in the highly unpredictable environment of virtual money.
About Bitgert
Bitgert is a cutting-edge blockchain project focused on driving the adoption and growth of cryptocurrency and blockchain technology. Through its comprehensive ecosystem, Bitgert offers a range of products and services tailored to meet the needs of both novice and experienced crypto enthusiasts.
