The bearish market condition is biting most cryptocurrencies, with some already in the red for the dropping prices over the last 24 hours. Solana is among the cryptocurrencies with dropping price and are already in the red. As of this writing, Solana had already dropped 4% in the past 24 hours.
This is at a time when Bitgert is skyrocketing even to hit the $800m market cap. But why is Bitgert outperforming Solana and bullish in the bear market? Well, here is more about this powerful and super appealing crypto project;
Bitgert has continued to prove why it is the next big thing in the crypto industry. In the last few days, Bitgert price has been skyrocketing when most cryptocurrencies have been plunging. In fact, Bitgert marketcap has reached the $800m mark, making it one of the fastest-growing coins in 2022. This was during a time when most cryptocurrencies had their marketcaps dropping.
The Bitgert BRC20 blockchain, which was launched Mid-February, has been the biggest driver for this growth. The BRC20 blockchain is a game-changing chain since it is the world's first gasless blockchain. At $0.0000000000001, Bitgert chain is the lowest gas in the market. It is also the fastest blockchain after reaching the 100k TPS.
These are features that attract many investors and why Bitgert is hitting the $800m marketcap. With the Bitgert exchange launching in Q1, this will be one of the biggest projects to watch this year.
Like Bitgert, Centcex has not been affected by the bear market. The coin has been stable and not skyrocketing like Bitgert. The Centcex project has continued to attract more investors despite being in the initial stages of development. Centcex's most exciting feature is the huge passive income investors will get from staking tokens.
But it is the objective of the project to build a powerful ecosystem with an unlimited number of products that makes Centcex unique. A large number of blockchain applications, including exchanges, dApps, and so on, will increase Centcex adoption, which will rapidly grow the coin price. With the rapidly growing marketcap and the huge staking revenue, Centcex is the next project to watch.
The current bear market has hit Solana hard and is among the cryptocurrencies posting significant price drops. Though a range of cryptocurrencies has been affected by the current plunge, there is something about Solana that could be pushing the dropping price. One of them is the overtaking of Solana as the fastest blockchain by the Bitgert BRC20 blockchain.
The new blockchain is faster and has a cheaper gas fee than the Solana chain. The BRC20 blockchain is already receiving a lot of attention and is going to overtake Solana. Therefore, the tough Bitgert competition could be the reason SOL is dropping faster.
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