The Bitgert (BRISE) performance in the crypto market has been impressive this year. Bitgert has delivered multiple products and projects, and its ecosystem has been among the fastest-growing in the industry. That's why the price of the Bitgert coin did so well in Q1 when many cryptocurrencies were crashing.
Recent, the Bitgert token has been one of the most discussed topics. This is after the Bitgert team carried out a massive token burn that wiped out a big chunk of Brise tokens in supply. According to the official information released by the Bitgert team, they have burned 572 trillion Brise tokens.
The banned tokens are worth about $300M. The burning has automatically increased the demand for the Bitgert coin due to the reduced supply. So crypto investors can expect the Bitgert coin to explode due to the growing demand for this coin. That's basically what the rule of demand and supply says.
The Bitgert coin has already started skyrocketing, with the coin already posting an impressive +70% rise over the last few days. There is also a surge in the number of searches of the Bitgert project online, with Google search trends posting an impressive upward trend. Therefore, the huge burn is going to blow up the Brise price in no time.
But a lot is happening at the Bitgert project that makes it stand out. The gasless BRC20 blockchain is still a big factor driving the Brise coin. The adoption of the chain is growing rapidly, and this is increasing the price of the coin. Apart from the zero gas fee features, the Bitgert blockchain is also the fastest chain in the market.
The other exciting development at Bitgert is the hundreds of projects joining the Brise chain. Through the Bitgert Startup Studio, there are over 100+ projects that will be added to this ecosystem every month. The Bitgert team plans to have over 1000+ projects by this year.
Therefore, in addition to this burn, there are more developments that will keep Bitgert price skyrocketing. The massive and fast-growing Bitgert ecosystem is definitely a big factor in attracting investors. With the updated Bitgert roadmap, there are many developments coming up on this project that will keep BRISE growing exponentially.
Disclaimer: The information provided in this article is solely the author's opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.
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