Bitgert price prediction as the BRISE recovery stalls

Bitgert’s price rebound has cooled as the prices of other cryptocurrencies have rebounded. BRISE is trading at $ 0.00000045, about 12% below this week’s highs. Other popular cryptocurrencies such as Bitcoin, Ethereum and Safe Moon have also withdrawn.

What is Bitgert?

Bitgert is a relatively small blockchain and aims to be the leading blockchain platform for developers to build decentralized applications (dApps). Like Ethereum, developers can use it to build apps in all industries such as decentralized finance (DeFi), Metaverse, NFTs, and games.

Bitgert aims to do all of this at a reasonable price, while achieving considerable scale. According to its website, Bitgert transactions cost less than $ 0.0001. This means that you can handle millions of transactions for less than $ 10.

Bitgert has also created a crypto wallet that acts as a gateway to distributed blockchain applications. The app is easy to use, has substantial security features, and has a variety of features. Bigert was recently introduced USDC and USDT.. BRISE is Bitgert’s native token.

Still, in all of these, Bitgert faces many challenges. For example, its ecosystem is significantly smaller than other large platforms such as Solana, BNB and Ethereum. At the same time, there are many upcoming projects, such as Kadena and Optimism, that have all the features Bitgert has.

Most importantly, Burgert may not have millions of dollars to encourage developers to build their apps. For example, Avalanche has over $ 500 million in funding to incentivize developers.

All of this explains why the Bitgert ecosystem is so small compared to other projects. DappRadar does not record applications created using this technology. The same is true for DeFi Llama, a platform that tracks all DeFi projects.

Bitgert Price Forecast

The 4-hour chart shows that BRISE prices have bounced in the last few days. It’s up about 70% from this year’s lowest level. The coin is supported by the uptrend line shown in black. It is also slightly above the 25-day and 50-day moving averages.

Therefore, as long as the coin is above this trend line, the bullish trend may continue. If this happens, the next important level to note will be this month’s high of $ 0.00000050.