Unlocking Bitgert’s Potential: Coin Burn Escalation Points to a +20000% Price Leap to $0.0001

March 5th, 2024 at 1:59 pm UTC · 2 min read

/Bitgert/ – Bitgert has been making significant waves in the crypto market, especially since the latest announcement of a European exchange listing.

Bitgert has become one of the tough competitors for many meme coins along with SHIB since its inception in July 2021. One of the most significant developments was presented in 2022: the BRC20 blockchain. It offers gas fee as low as $0.0000000000001 per transaction and high speed cross-chain transactions.

Bitgert Coin is in the market for the long term.

BRISE Coin has a high amount of token supply which is also a technical glitch to touching the moon.

But if the team burns BRISE tokens in enough amounts the Bitgert coin value may improve.

Let us understand how burning works in crypto.

Burning Bitgert Coins

Burning is used in some blockchains to increase coin market value. The act of burning effectively removes tokens from the available supply, which decreases the number in circulation.

Bitgert directs 5% of every transaction fee for buyback, 3% for marketing and 4% for staking rewards. According to the team, buyback is meant to support the price of BRISE token making it a deflationary asset.

Its unique selling proposition lies in this aggressive buyback and burn program. With every transaction, a 5% tax is levied, used to buy back BRISE tokens from the market and subsequently burned. This reduces circulating supply, theoretically increasing the value of remaining tokens.

So, if the Bitgert team burns enough BRISE tokens the Bitgert coin value may improve and could potentially get to $0.0001.

Unlocking Bitgert's Potential: Coin Burn Escalation Points to a +20000% Price Leap to $0.0001

Conclusion

The live Bitgert price today is $0.0000002382 USD with a 24-hour trading volume of $5,398,231 USD. The current CoinMarketCap ranking is #460, with a live market cap of $94,016,886 USD. It has a circulating supply of 395,688,215,721,653 BRISE coins.

Moreover, Bitgert recorded 19/30 (63%) green days with 14.52% price volatility over the last 30 days.

The upcoming exchange listing and ongoing coin burn program could contribute to gradual price appreciation if the project continues to gain traction and adoption.

Bitgert has the support of the crypto community which makes the BRISE token a strong project.

Reaching a price of $0.0001 would potentially translate to a market capitalization of over $94 billion.

Investors should carefully consider all factors and conduct their own research before making any investment decisions. This analysis highlights the potential of Bitgert but also emphasises the importance of realistic expectations and responsible investing practices.

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