Ethereum drops to trade slightly above $2,500 today
Bitgert to remain bullish in the coming days
The Bitgert zero gas fee chain adoption expected to skyrocket
Ethereum price has plunged again, and this time, hitting the lowest price in 30 days to trade at $2,534.23. Crypto analysts say that Ethereum might drop further and trade below $2.5k if the market does not get a breather. This is considering that, as of this writing, Ethereum had plummeted 4% in the past 24 hours and 7.7% over the past 7 days.
The bearish Ethereum market has been mostly driven by the crashing crypto market. This is after FED announced regulations in the monetary market to tame inflation. The update triggered massive withdrawals that have crashed the crypto industry. This is what's affecting not only Ethereum and all the major cryptocurrencies.
But some crypto coins like Bitgert (BRISE) have shown massive resilience in this crashing market to post impressive performance. When Ethereum is crashing, Bitgert has posted stable prices. In fact, crypto analysts have put Bitgert among the coins benefiting from the Ethereum and other coins' bearish performance.
Bitgert has the fastest-growing ecosystem, with a range of disruptive products spanning from DeFi, NFT, and Web3. Among the products that Bitgert has launched is the BRC20 blockchain, which is currently the most disruptive chain. The Bitgert chain's popularity has exploded after addressing the scaling and costly gas fees issues, which are big problems for the Ethereum blockchain.
Unlike Ethereum, the Bitgert chain enables users to enjoy the fastest blockchain and the lowest gas fee. The gas cost for every transaction on the Bitgert blockchain is $0.0000000000001, which is basically a zero-figure gas fee. The BRC20 blockchain speed is currently 100,000 TPS, which is faster than Ethereum
The gas fee and fastest chain feature are the reasons why Bitgert has been stable in the current bearish market. This is because the adoption of the Bitgert chain has been growing fast, driven by the popularity of the zero gas fee mechanism. During this crashing market, Bitgert has proven its resilience, and this is attracting a lot of investors' attention.
With Bitgert having an Ethereum-compatible blockchain, it will enable users from the Ethereum blockchain to migrate their assets to enjoy the zero gas. This will enable more Ethereum users to enjoy the Bitgert gas fee blockchain.
With the adoption of the Bitgert BRC20 blockchain growing rapidly, the Bitgert price is expected to keep skyrocketing, which will attract more Ethereum investors. Therefore, Bitgert remains one of the crypto projects to watch this year.
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.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.