Move over Dogecoin, Bitgert’s +140% Surge Makes It the Crypto Everyone’s Talking About
Photo: Bitgert
This content is provided by a sponsor
/Bitgert/ – Bitgert’s price has increased by more than 140% in the last 30 days. This was the highest price growth in the crypto market in a month.
Dogecoin has shown a similar increase of 113% in the last 30 days. So, let’s understand this deeply through a technical comparison.
Bitgert & Dogecoin: A Comparison
Bitgert boasts a massive supply of one trillion tokens since its launch. They strategically distributed these tokens: half were burned immediately, reducing the overall supply.
Another 38% went towards liquidity, ensuring smooth trading. Project development received 7%, and the remaining 5% went to the development team.
Unlike Bitgert, Dogecoin has no cap on the total number of coins. Miners are rewarded 10,000 DOGE for verifying transactions, which happens roughly every minute. This means that 14.4 million new DOGE are created daily, which are either circulated through sales or are being held by miners.
So this means that Bitgert can create a supply crunch, but Doge doesn’t. This gives Bitgert an edge over DogeCoin to burn and modulate the prices.
To get a better understanding, the table below shows the comparative analysis of Bitgert and Dogecoin metrics:
Metric
Bitgert (BRISE)
Dogecoin (DOGE)
Price (Today)
$0.064095
$0.173358
24-hour Trading Volume
$7.89M
$6.21B
Market Dominance
0.01%
0.94%
Price Increase (Last 24 hrs)
64.71%
3.90%
Highest Price
$0.051871 (Mar 7, 2022)
$0.738595 (May 8, 2021)
Lowest Price
$0.0081086 (Sep 9, 2021)
$0.00008547 (May 7, 2015)
Lowest Since ATH
$0.061237
$0.049701
Highest Since Last Cycle Low
$0.063941
$0.203320
Circulating Supply
395.69T BRISE (out of 1,000.00T)
143.41B DOGE
RSI (14)
66.09 (Bullish)
72.36 (Bullish)
MACD (12,26,9)
0.00000161 (Bullish)
1.71 (Bullish)
Stochastic (20,3)
68.21 (Bullish)
73.47 (Bullish)
ROC (20)
48.49 (Bullish)
91.59 (Bullish)
Market Cap Ranking
#11 (Binance Smart Chain sector)
#2 (Proof-of-Work Coins sector)
Source: Coincodex and Moneycontrol
Conclusion
Overall, Bitgert‘s growth is a result of a combination of performance factors, including strong price, strategic token distribution, technical indicators, bullish momentum, and resilience in the face of market fluctuations.
The future of Bitgert looks good, but there are still things we’re unsure about. The crypto market is notoriously volatile and highly unregulated. So, always be vigilant when investing in any crypto asset.
Disclaimer: This publication is sponsored. Coinspeaker does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or other materials on this web page. Readers are advised to conduct their own research before engaging with any company mentioned. Please note that the featured information is not intended as, and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained on this web page constitutes a solicitation, recommendation, endorsement, or offer by Coinspeaker or any third party service provider to buy or sell any cryptoassets or other financial instruments. Crypto assets are a high-risk investment. You should consider whether you understand the possibility of losing money due to leverage. None of the material should be considered as investment advice. Coinspeaker shall not be held liable, directly or indirectly, for any damages or losses arising from the use or reliance on any content, goods, or services featured on this web page.
