Bitgert Coin’s 7% gain has put it in the spotlight of the growing FOMO storm. Investors are flocking to the market because they are worried that they might miss out on a very lucrative windfall. Sometimes the market is crowded and many are excited, while other times, the market is deserted due to lack of enthusiasm. Nonetheless, let’s look at Bitgert’s current market position and try to figure out what is driving this frenzy.
What is Bitgert?
Bitget Formerly Bitrise token. The ecosystem has a circulating supply of 395,688,215,721,653, with a price of $0.061512 as of May 17, 2024, and a market cap of $59,877,914. Creating a large and all-encompassing ecosystem of cryptocurrency and blockchain technology users is the core purpose of the project. The original Bitgert token, BRISE, is the core of the Bitgert ecosystem. It includes a buyback mechanism, ensuring scarcity and price appreciation; it can also be further staked to earn BUSD rewards. Bitgert is 200 days old and already has many features such as its own blockchain network, staking, controlled exchanges, audit platform, DEX BRISE exchange, and wallet BEP20/ERC20. Bitget is the most used exchange where BRISE tokens can be traded. The token has an all-time high of 0.051842 on March 7, 2022, and an all-time low of 0.096166 on September 9, 2021. At this price, BRISE is still low compared to the global digital market total and all similar Ethereum-based altcoins, despite a 0.90% gain over the past week.With a very friendly and easy-to-use ecosystem, Bitgert hopes to drive cryptocurrency acceptance and use cases.
Bitgert’s market stance over the past 30 days
Last 30 days BRISE Showing encouraging signs of market growth. Between April 17 and May 17, 2024, the token price increased by 21.3% and is currently worth $0.000000151383, up from its previous value of $0.000000169089. During this period, Bitgert’s market capitalization increased by 10.7%, from $66,939,887 to $59,894,220 on April 17, 2024. The increase in market capitalization despite the price drop is a clear indication of growing investor interest and trust in the Bitgert project. Notably, Bitgert’s trading volume has been high. The median daily trading volume hovers around $2 million, indicating a stable and active market.
in conclusion
Aside from a few minor dips that show Bitgert is resistant to volatility, the platform has been consistently growing in value. The growth and acceptability of the project has been outstanding over the past 30 days. Even if Bitgert’s recent performance catalyzes investment, it is key to approach any investment with extreme caution and thoroughly research the risks associated with cryptocurrency investments.
To learn more about Bitgert, visit https://bitgert.com.
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