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The Rise of Bitgert in the Midst of the FTX Crisis
The blockchain initiative Bitgert has gained considerable media attention during the FTX crisis due to its bold claims of a rapid and cost-free blockchain. Bitgert, a crypto-engineering company, has developed various blockchain solutions for the metaverse, NFTs, and decentralized finance, with the goal of utilizing blockchain technology to solve problems and foster innovation for the benefit of its users.
Market Capitalization and Future Projections
Despite Bitgert’s ambitious goals, it remains a relatively small initiative with a market capitalization of $149 million, as compared to crypto giants like Bitcoin with a market capitalization of $1.37 trillion. An analysis of Bitgert’s historical prices suggests that by the year 2025, the projected minimum price for BRISE, Bitgert’s token, is estimated to be approximately $0.00000043, with a maximum price of around $0.00000051, resulting in an average trading price of $0.00000045 for the year.
History and Performance of Bitgert
As of May 12, 2023, the price of the BRISE token stood at an exceptionally low $0.0000002781, raising questions about its viability as an investment. With a maximum token supply set at a quadrillion and a diluted valuation of $380 million, a significant increase in the project’s valuation would be required for the BRISE token to double in value. Despite its rocky start, the BRISE token experienced a remarkable 40,300% price surge, reaching an all-time high of $0.00000404 on August 13, indicating a 40,497% return on investment since its inception.
Distinguishing Features of Bitgert
Bitgert’s implementation of an automated burning mechanism resulted in a mere 0.06% increase in market price even after burning over 134 billion tokens, a strategy that has proven risky for many cryptocurrencies. The project’s ability to navigate market challenges and deliver consistent performance has been partly attributed to this burning mechanism, setting it apart from other projects in the industry.
Outlook and Speculation Surrounding Bitgert
Speculation and debate continue to swirl around Bitgert, particularly regarding the identity of its founders, its audit history, level of decentralization, and altruistic claims. The project’s bold promises of minimal fees and rapid transaction speeds have raised eyebrows among investors and analysts, given the current market conditions.
The surge in demand from European countries seeking to capitalize on the cryptocurrency boom has bolstered Bitgert’s growth, amidst global recognition of the financial opportunities presented by cryptocurrencies. Successful investors in Bitgert often adopt a long-term perspective, focusing on the technology’s potential and market trends rather than short-term gains.
Learn More About Bitgert
To explore Bitgert further, visit their official website at https://bitgert.com.
Buy Bitgert Coin from Reputable Exchanges
- Buy on Kucoin – BRISE/USDT
- Buy on Gate.io – BRISE/USDT
- Buy on MEXC – BRISE/USDT
- Buy on Pancakeswap
- Buy on Uniswap
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