Bitgert Remained Stable During Bear Market, As Polygon and Polkadot Moved Below Supports

The bear market moved most of the coins to lower prices that were not expected in September. Although the market is stable this morning, most of the coins are digging themselves out of huge dips. Polygon and Polkadot are some of the coins that bear run had moved below the support level.

Bitgert (BRISE), on the other hand, did pretty well in the bear market. In fact, Bitgert is one of the coins that posted impressive performance during the recent bearish performance. The massive buying pressure that Bitgert coin has been experiencing for the past few months was the major reason Bitgert did so well.

The Bitgert team has been delivering its ecosystem faster than Polygon and Polkadot. In fact, the number of products and projects that the Bitgert team has delivered in 2022 might be bigger than Polygon and Polkadot. Important to note is the disruptiveness of the Bitgert products and projects.

The adoption of the Bitgert zero gas fee blockchain is a factor that contributed to a stable Bitgert during the bear run. The Bitgert roadmap V2 and the upcoming 1000+ partnerships have also grown Bitgert adoption. That's why Bitgert did not break its support levels like Polygon and Polkadot.

The Polygon and Polkadot woes during the recent bear markets were increased by the Ethereum merge. The Ethereum chain has become more competitive against Polygon and Polkadot projects. Polygon has been the most affected.

As an Ethereum scaling protocol, Polygon may not be as useful as it has been. That's why Polygon's selling pressure just spiked after the merge. Polygon is still destabilized but has been doing better today. Polkadot also moved below its support this week, with Ethereum merge playing a key part in the growing Polkadot selling pressure.

The Polkadot chain now has a tough competitor in Ethereum. Polkadot will need to make its DOT blockchain cheaper and faster to remain competitive. Otherwise, the Polkadot selling pressure will continue to grow due to the Bitgert and Ethereum chains.

Centcex Has Also Caught Investors' Attention

Though Polkadot, Polygon, and Bitgert are some of the most talked about coins, Centcex (CENX) is also catching a lot of crypto investors' attention. Centcex has been posting attractive performance, which is why it is attracting crypto investors.

Centcex performance in 2022 is better than even Polkadot and Polygon. It only comes next to Bitgert. That's why Centcex (CENX) is catching the attention of crypto investors this September.