There's a new sheriff in town! Word on the street is that this new cryptocurrency could become the next big thing after Solana and Ethereum.
With such a high claim, this new coin caught the attention of Ethereum and Solana investors and analysts looking for huge profits. Here, we reveal experts' views on the growth of this new challenger and whether it is a threat to Solana and Ethereum's dominance.
Recent Ethereum news breeds skepticism
The Ethereum ecosystem recently received the following news from CoinDesk: “The Ethereum Foundation is under investigation by national authorities.”
To be clear, the Ethereum Foundation is a Swiss non-profit organization that runs the affairs of the Ethereum community. News of the investigation by this anonymous “state authority” was announced on his GitHub repository on his website for the group. At the time of writing, there is no clear information about the scope and focus of the Ethereum Foundation investigation. However, his GitHub commit dated February 26, 2024 reads: “We underwent a voluntary investigation by state authorities that included confidentiality requirements.”
This news quickly sparked an Ethereum sales frenzy. A massive sell-off in Ethereum (ETH) caused the cryptocurrency price to fall further, leaving Ethereum investors skeptical. Most Ethereum investors are currently focused on finding alternative assets.
Solana fights bearish momentum
Solana (SOL) has been facing bearish conditions recently, with Solana price dropping 15.9% on March 19, hitting a 5-day low of $166. This bearish trend follows a week-long rally in Solana that saw the stock quickly approach $210, hitting a new all-time high market cap of $92 billion.
Solana experienced a temporary price recovery at the time of writing, but was only able to recover a portion of its losses. Solana's price momentum may have returned to bullishness at the time of writing, but a full day of bleeding has left several Solana investors stranded. Now, these Solana holders want to diversify their portfolios, but what better cryptocurrency to enhance them than the skyrocketing Bitgert coin?
Bitgert Coin enjoys large ecosystem support supporting bullish momentum
Despite the cryptocurrency already registering an 80% rally, Bitgert's momentum is just getting started.
Cryptocurrency experts still cite BRC20 blockchain’s extremely low gas fee of just $0.0000000000001 as a bullish motivator. Also, its aggressive buyback strategy has constantly reduced the circulating supply of BRISE, and solid fundamentals and hype have positioned this cryptocurrency for a massive rally.
Taking the honor as the most popular token in March 2024, ahead of giants like Ethereum and Solana, analysts say the cryptocurrency has taken the crypto world into a frenzy, with Solana and Ethereum having an advantage. I believe that I will take on the challenge. That's for you to decide. Buying Bitgert early means you can benefit from an explosion of future profits.
To learn more about Bitgert, please visit: https://bitgert.com
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Disclosure: This is a sponsored press release. Always do your research before purchasing any cryptocurrency or investing in any project. Read the full disclosure here.