Key Points:
Cardano (ADA) has made some good recovery over the last three days of this writing. The Cardano price has moved from $0.42 to $0.49 at the time of this writing. This means Cardano has increased 16% at the time of this writing. The market still looks bullish, with the Cardano coin already posting an impressive 5% at this writing.
However, Cardano might have posted impressive growth in the past few days, but the price of the coin is still down. Cardano is still below the $1 mark, which means investors that bought the Cardano coin early this year or during ATH and still holding are counting massive losses. It will take some time for the Cardano coin to recover from the sharp drop it has posted in 2022.
For the Cardano investors that put their money in new mooning coins like the Bitgert (BRISE), the story has been different. They have managed to reduce Cardano losses by using the profits made on the Bitgert coin to offset losses at Cardano. So, these Cardano holders have been reaping big this month.
Bitgert is one of the coins that have been doing well in the market this month when most of the cryptocurrencies, like Cardano, plummeted. Unlike Cardano, Bitgert has maintained one of the most stable prices, with bullish episodes this month. In fact, Bitgert is one of the coins posting one of the largest price growths during the current bull market, larger than Cardano.
Bitgert still has the potential to post one of the best price growths in the market. This is because of the developments the Bitgert team is planning to release. The Bitgert team has just started the building of the roadmap V2. Bitgert is also almost done with the Bitgert CEX building, and the NFT marketplace might be the next product. The Centcex team is also building the Bitgert Paybrise product.
The number of Bitgert backed projects is also expected to increase in the coming months. All these developments will explode Bitgert price, and Cardano investors holding Bitgert will make good returns.
So Cardano holders buying Bitgert stand to benefit immensely from the impressive Bitgert price performance. The number of Cardano holders buying Bitgert is also expected to increase, especially if bears get hold of the crypto market again.
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