Bitgert Soars Over 50% in Value Following European Exchange Listing Announcement
Bitgert has always managed to stay on the bullish side of the market since its launch in July 2021. Bitgert was one of the better-performing cryptocurrencies at a time when the overall market went down by more than 60%.
But there’s a new surge in the price of Bitgert.
This surge is the direct result of an announcement that has all the Bitgert backers more enthusiastic than ever. A European exchange is all set to list $BRISE soon.
This recent announcement has catapulted the value over 50%.
The Surge
There has been an increase of 17.51% in the Bitgert price in the past 24 hours. But that’s just not it.
There has also been a 65.31% increase over the last 7 days!
The new announcement is likely to increase Bitgert’s liquidity and accessibility for European investors.
The recent price action in Bitgert left the tokens market capitalization at $94.32M. It has a circulating supply of 395,688,215,721,653 BRISE coins.
What is so special about Bitgert?
The BRISE Chain relies on a system of proof-of-authority (PoA) to support short block times and low fees.
Bitgert has added a buyback concept which gives investors more confidence to purchase and hold on to the coin, with the intention of growing demand and increasing the coin’s value.
Each transaction collects 5% in buyback tax, which is stored within the contract. If a sale occurs, part of the buyback tax paid is used to purchase tokens from the liquidity pool, which are immediately burned following the buy.
It boasts of high transaction speeds (up to 100,000 TPS) and most importantly, minimal gas fees. The gas fee is as low as $0.00000001 per transaction.
Conclusion
As Bitgert prepares for the new European exchange listing, it’s clear that it is not just about immediate price gains but is also focused on long-term growth and utility. The remarkable rise in its value post-announcement is a reflection of the market’s optimism about its future prospects.
The majority community sentiment is bullish on Bitgert and sees the price going to the moon soon enough. The upcoming exchange listing and ongoing coin burn program could contribute to gradual price appreciation if the project continues to gain traction and adoption.
This project is in the market for the long term.
Investors should carefully consider all factors and conduct their own research before making any investment decisions.
To know more about Bitgert, visit bitgert.com
Disclaimer: The text above is a press release that is not part of Cryptonews.com editorial content.
