The Bitcoin halving, almost at the point of happening, could have a telling impact on cryptocurrencies such as Bitgert Coin. The general trend of all the previous halving events has been that it increases market volatility and spikes investor interest. Anyone holding Bitgert or contemplating buying it will certainly have to be prepared for such eventualities.
The Bitcoin Halving Phenomenon
Bitcoin halving is a programmed technical process within Bitcoin’s network that reduces the reward to almost half every four years. It is a part of Bitcoin’s consensus rules and helps bring into effect the hard cap on the total supply of bitcoins, which is 21 million. The reward for mining a block was, therefore, set initially at 50 bitcoins. After the first halving in 2012, this reward was cut to 25 bitcoins, and it has halved subsequently every four years. Halving aims to control the rate of introduction of new bitcoins into the system as a way of mirroring the scarcity and deflationary characteristics associated with precious metals. That decreasing supply schedule raises the price of Bitcoin and likely promotes scarcity so long as demand is either flat or increasing. Technically, the halving event is every 210,000 blocks mined, a level historically reached about every four years. This is a critical, predictable reduction in supply that has direct consequences for the profitability of the miners and, therefore, impacts network security and decentralization.
All About Bitgert Coin
Bitgert (BRISE) is a blockchain-based multi-crypto project, including a wallet, audit, swap, staking platform, exchange, and own blockchain. It is already listed on the top exchanges all over the globe. On-chain developments for Bitgert were impressively done within just 200 days of the release of the project.
The Bitgert token offers staking rewards in BUSD and a vital buyback function for its holder to support price growth and scarcity. Bitgert token is swappable with other cryptos and has currently been listed on PancakeSwap (v2) and other trading platforms. The trade volume over the past few days has been so low, closing at $1,909,865 in the past 24 hours. The current price of BRISE, though appearing to indicate a huge drop from its all-time high in March 2022, however, shows an extraordinary rise from its all-time low, hence presenting volatility yet potentially rewarding for investment. Bitgert’s market cap equals $66,121,173, while the fully diluted valuation makes a small change—$71,364,123. The final number is an open sign for potential growth if all the tokens were issued, which could indicate a long-term perspective. As long as you incorporate the Bitcoin halving—something that usually increases interest and prices in the crypto market—Bitgert will be one of the biggest beneficiaries.
The halving could bring more and more investment into altcoins such as BRISE as investors spread their portfolios in search of yield and growth outside of Bitcoin—certainly given Bitgert’s variety of offerings and reward mechanisms.
Can Bitgert Succeed?
Yes, Bitgert is well-poised at this halving time. However, caution—not all Bitgert-timed coins may be prudent enough to perform better than Bitgert, which has come up with a long-term future-driven roadmap. Do your own research and check for Bitgert’s market runs post-halving before finally deciding to invest.
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