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%.
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.
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.
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