In the rapidly evolving landscape of the digital currency market, this year has witnessed a new contender to blue-chip cryptos like Bitcoin and Ethereum. Taking center stage, Bitgert, a relatively young crypto project, is witnessing new milestones, capturing the attention of investors. Observing the scenario, it seems like several factors have fueled the price of this hidden gem. Besides, the potential and utility it brought, its vision seems the biggest factor boosting Bitgert’s entire ecosystem with BRISE price.
Is Bitgert in the crypto market to stay?
While solving the trilemma of the digital asset industry, Bitgert is offering blazing-fast transaction speed on its BRC20 blockchain. Boasting a revolutionary architecture, for unparalleled speed, BRC20 is settling transactions faster than established players like Ethereum and Solana. Besides, it is worth noting that Bitgert is addressing one more pain of the industry that has long been a thorn in the side by offering near-zero gas fees. With such significant features, Bitgert has become a viable solution for developers to build staggering products where swift transactions are critical.
However, noting amazing price volatility and several rug pulls in the industry, predicting the long-term success of any coin is next to impossible. But it is worth noting that such a phenomenal project, which has a hard-working team behind it, can easily achieve its target and establish a footprint in the industry. Moreover, the aforementioned factors can potentially position Bitgert as a contender to disrupt the status quo of Web3.
Can Bitgert achieve big price targets?
According to the data from CoinMarketCap, we have noted that currently, Bitgert has a total supply of 1,000,000,000,000,000 BRISE. Counting the number of zeros here, many speculate that with such tremendous supply, how much the price of the token will grow in the long run. Notably, by introducing this huge number of Bitgert tokens, the minds behind this project have also set a built-in burning mechanism. Designed to reduce the supply of Bitgert, 5% of each of the transactions will be sent to the burning wallet. On the other hand, all the transactions in bitgert’s chain are subject to a 10% tax, out of this 5% will be allocated to the holders of the coin as a reward and the other 5% will be sent to burning wallets.
In theory, as BRISE is the utility token of this ecosystem, as more users start to interact with it, more tokens will be burnt. Ultimately, as we all know about the supply and demand law, as the supply of Bitgert coins will continue to reduce, the value of each remaining BRISE will increase due to scarcity.
To know more about Bitgert, Visit https://bitgert.com
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