Analysts have recently observed that the altcoin market cap has been the only constant despite the volatility in Bitcoin’s price over the past few weeks. Crypto traders have been closely observing altcoin markets to find the next big altcoin.
The Bitcoin halving event is just a day away. Typically, this event acts as a positive driver for altcoins, and it will be interesting to see which altcoin will lead this rally.
Many experts are willing to place their bets on Bitgert as one of the most promising altcoin of this cycle.
Do the numbers match the hype?
Most coins are undergoing corrections due to the BTC halving event. Bitgert has started to show a reversal in this trend.
The current Bitgert price today is $0.000000171 with a 24-hour trading volume of $1,614,302. Bitgert has been up by 4.27% in the last 24 hours. The positive trends in the last 24 hours have the community excited for an impending surge.
Bitgert first gained traction as the world’s first zero-cost gas fee blockchain. It operates on a BRC20 blockchain, which boasts of up to 100,000 transactions per second.
The Bitgert ecosystem is extensive with Bitgert supporting DeFi, smart contracts, and NFTs on its platform.
A buyback mechanism has been put in place where 5% of transaction fees are directed to a buyback scheme as a deflationary measure. The bought-back tokens are then burned, reducing the token supply and potentially increasing the coin’s value. Moreover, 3% of transaction fees are used for marketing while 4% is used as staking rewards.
The burn mechanism used by the project will continue to trim down Bitgert token’s supply and could also help it reach its new ATH!
Bitgert has been able to get 50+ new partnerships in the last month and the wallet address count has also surged by +28%!
The unique tokenomics of Bitgert is a significant factor in its growth.
Bullish on this altcoin yet?
As the Bitgert ecosystem continues to grow, experts look at it as a noteworthy asset in the blockchain and cryptocurrency space.
This altcoin might just be a good bet for you in this bull cycle. Bitgert has an amazing community supporting it who believe this coin is being set up for an impressive bull run.
Investors, don’t forget to do due diligence based on your risk appetite before making any long term investments.
Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.
Read the full article here
Follow us on Google News to get the latest Updates
