Key highlights:
Avalanche has been doing poorly in the market, with the coin posting a massive decline in 2022. In fact, from the ATH, Avalanche has declined 83%. This is a massive decline compared to the likes of Bitgert (BRISE), which has been doing pretty well in the market.
Is Bitgert killing Avalanche? Well, crypto analysts believe this is happening. Bitgert has increasingly become one of the crypto community's favorite coins, and this can be seen in the fast-growing Bitgert community. In fact, there are so many Avalanche holders buying Bitgert today.
Bitgert might be killing Avalanche by simply making the Avalanche project less competitive. In fact, while Avalanche has been experiencing massive selling pressure, Bitgert has been doing pretty well. In fact, crypto experts believe that there are many selling Avalanche holders that have joined Bitgert.
One of the biggest reasons Bitgert is outperforming Avalanche is the disruptive blockchain project the team is building. The Bitgert team built one of the most disruptive ecosystems in the crypto industry. That's why Brise coin adoption has been growing faster than Avalanche. It is also the reason Bitgert price has remained bullish in 2022 as Avalanche plunges.
Bitgert has some of the most disruptive products, including the Bitgert BRC20 blockchain. The Brise chain has solved the gas fee issue as well as the scaling issue. With a 100k TPS and the $0.00000001 gas fee, Bitgert has become the best EVM blockchain and the best blockchain in the industry.
The fast-growing Bitgert ecosystem is another reason the Brise project is killing Avalanche. The Bitgert team has built products faster than Avalanche. It has also added projects to the Bitgert chain faster than Avalanche. This is making Bitgert adoption grow faster than Avalanche.
Bitgert has partnered with the Centcex team to build the Bitgert ecosystem. The collaboration will increase Brise ecosystem growth more than Avalanche. It will increase the adoption of the Bitgert coin compared to Avalanche. Bitgert Paybrise and the Brise DEX are products the Centcex team is building right now.
So the plummeting Avalanche is partly because of the Bitgert competition. Unless the Avalanche team does better, Avalanche coin will continue to lose to $BRISE.
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 risky, 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.