Cardano Whales Exit Which Dropped the Price Massively

Cardano Whales Exit Which Dropped the Price Massively

There are many exciting projects that Cardano investors have been joining in the past few weeks

Key Points

  • Cardano whales are selling in large numbers
  • Cardano price might continue to plunge
  • Bitgert coin is expected to remain bullish

The Cardano coin price has plunged by a huge percentage during this bearish market. From the data provided by Coinmarketcap, Cardano has dropped 8% in the past 24hours of this writing and 24% in the last 7 days. That's how bad the Cardano price has crashed.

The massive withdrawal by the Cardano whales has been blamed as the reason why the Cardano price is crashing. There is a huge number of Cardano whales that have withdrawn millions of dollars over the past few days, which is reflective of the fast-dropping Cardano marketcap.

The biggest reason why Cardano whales are selling is the FED's regulations that are expected to tackle the inflation problem. But there are other factors that would be causing Cardano whales to exit the project. Crypto experts say that the coming of more promising crypto projects might be another big reason.

There are many exciting projects that Cardano investors have been joining in the past few weeks. The Bitgert (BRISE) project is one of them. Bitgert is a crypto project that has excited the crypto community because of its fast-growing ecosystem. The Bitgert team has been delivering more products than any other project in the industry. Here is more about Bitgert:

Bitgert

Bitgert is attracting crypto investors, including Cardano whales, because of the huge returns the project is promising. With the fastest-growing ecosystem, Bitgert has also been experiencing one of the largest price growths in the market. In fact, Bitgert is among the few crypto coins skyrocketing during this bear market.

The Bitgert ecosystem comprises a range of products ranging from DeFi, NFT and Web3 products. The Bitgert team has already launched some products like the BRC20 blockchain in roadmap V1, and more are now in roadmap V2. The Bitgert chain has disrupted the crypto industry with its zero gas fee and the fastest speed of 100k TPS.

The Bitgert project recently partnered with Centcex to boost the speed of developing products. The Centcex project is going to focus on developing unlimited products for the Bitgert ecosystem. The Bitgert Startup Studio projects are also growing this ecosystem faster.

The conclusion is that the number of Cardano whales exiting might continue to grow bigger. With all these developments, Bitgert is projected to remain bullish during this bear market, and this is attracting a lot of Cardano investors. Bitgert has the potential to increase 1000x, which will make Cardano investors good profits.

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