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Monday, May 6, 2024

Is Bitgert Coin the New Ethereum? Experts Weigh In 

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While Ethereum is currently the king of smart contracts and stablecoins, Bitgert is here to throw it off the throne. 

Currently, Ethereum is majorly suffering from slow transaction speeds and high fees. But, Bitgert addresses these limitations head-on by offering a transaction speed of over 100,000 TPS (transactions per second). That’s 300 times faster than Ethereum’s and surpasses even Ethereum killers like Solana. If that was not it, these transactions cost almost nothing, with gas fees at $0.0000000000001 each.

Additionally, EVM compatibility makes Bitgert an attractive destination for existing Ethereum dApps, potentially creating a powerful network effect.

Why Bitgert could be huge:

Bitgert is fully compatible with the EVM, making it possible for the existing Ethereum-based decentralized applications to migrate to Bitgert. 

Even for BRISE, it has gained some vast traction lately, given its new listing on multiple exchanges and entry into the European market. Its volume has surpassed $1.7 million daily, a staggering 20-fold increase from its average just six months ago. This shows how Bitgert’s interest has grown in the past few months. 

Other than that, Bitgert was launched with a supply of 1 quadrillion coins. But today, it has burnt over 63% of its coins and still has 365 trillion coins in circulation. This huge supply can easily be used to control the demand and price of the coin. The growing user base can quickly soak up the available supply, which can put upward pressure on the price.

Should you invest now?

BRISE’s technical indicators are throwing off a mixed vibe. But a closer look shows something exciting with a long-term potential surge, such as:

  • Short-term indicators are currently telling us that BRISE is in the overbought category. However, all the long-term moving averages (MA) across various timeframes (50, 100, 200, 500, 1000, 2000) are pointing upwards. This is a strong technical signal for long-term bullishness.
  • The Stochastic %K (50) sits at a neutral position, while the MACD (0) and ROC (4.167) haven’t confirmed a clear direction for Bitgert’s price but CCI (70) signals a bullish trend despite the overbought readings.

No investment is without risk. Always DYOR. However, Bitgert’s innovative technology, surging user base, and limited token supply do have what it takes for long-term growth. It definitely shows the signs of not just replicating Ethereum’s path but surpassing it by solving its core limitations.

Bitgert might be the next big thing you don’t want to miss. But remember, do your due diligence before making any investment decisions.

To know more about Bitgert, Visit https://bitgert.com

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