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Bitgert (BRISE) is attracting investors’ attention, with experts predicting a potential 200% rise next week.
The crypto market is going through another correction range, with Bitcoin gaining just 1.4% last week and Ethereum recording a decline of 3.5%. However, as Bitcoin continues to move towards $70,000, its overall market cap has been hovering above $2.5 trillion for a significant period of time.
The bull market has been on the rise several times in 2024, and with greater corporate adoption and new projects coming up, the prospects look lucrative. It is not recommended for investors and traders to spend their funds on blue chip tokens at this stage.
Instead, investors should choose tokens with good potential, strong fundamentals, and a large withdrawal probability. There is a token that has attracted the attention of many investors, and experts predict a 200% increase next week. This token is Bitgert, the latest sensation on the L1 scene, which has an impressive speed of 100,000 TPS and negligible gas fees.
Let’s examine the factors why Bitgert may or may not fulfill his expert predictions this June.
Bitgert was launched as a BRC-20 token in 2021. In the same year, it was rebranded and relaunched as a layer 1 blockchain based on the Proof of Authority consensus mechanism. The PoA mechanism provides faster block times and an excellent user experience. That’s why Bitgert has been a favorite of developers and founders.
Bitgert has its own NFT marketplace, RWA marketplace, centralized exchange, P2P crypto exchange, and a crypto gateway to help users easily overcome complexities and perform functions in one place.
Bitgert has thousands of collaborations and partnerships with industry leaders and new names in the industry. Some of Bitgert’s recent partnerships include:
Camelot Protocol Habit Network GoAction Ontology Blockchain Uniport Network Billions of Tasks, etc.
Bitgert’s native token, BRISE, serves as the ecosystem’s governance token. Bitgert has a limited supply of 1 quadrillion and a deflationary mechanism where 61% of the BRISE supply is burned.
BRISE rose throughout May, posting a monthly gain of 8%. Bitgert reached its local high of $0.00000017 but has been experiencing a correction recently. Bitgert must overcome a major resistance at $0.000000162 to achieve higher gains. Technical signals paint a positive picture and the increase in trading volumes indicates increased investor interest.
In case of a downward move, the local base of $0.00000014 will act as immediate support. Bitgert has a very active community and a blockchain that has successfully served over 47 million transactions. The project shows great promise as the current L1 league has become monolithic and investors are looking for better projects to invest in.
To learn more about Bitgert, visit the official website.
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