
Key Points:
Bitgert (BRISE) is one of the crypto projects that the Litecoin project is largely concerned about. This is mainly because of the developments that Bitgert has achieved so far and the kind of blockchain ecosystem Bitgert is developing compared to Litecoin.
The Bitgert ecosystem is growing faster than Litecoin, which is one reason crypto experts say it is a threat. This is a fact looking at the product and projects that Litecoin has released in 2022. The Bitgert team has done much better. The Bitgert team is now releasing the roadmap V2 products, 1000+ Bitgert backed projects, and decentralized marketplaces. Litecoin has no such products coming up.
The Bitgert BRC20 blockchain is one of the most exciting blockchains today. The zero has gee, and the 100k TPS has made one of the most adopted blockchains. With the powerful blockchain, Bitgert has become more competitive than Litecoin. Not even the Litecoin MWEB was able to beat the BRC20 blockchain competitiveness.
The Bitgert bridge is another reason crypto experts believe that BRISE is the biggest Litecoin threat. The Bitgert bridge has increased Bitgert chain adoption due to the ongoing chain interoperability. This is expected to continue making Litecoin less attractive. The Bitgert USDT/USDC bridge is also making Litecoin less competitive.
With these reasons, the Litecoin team should be concerned about the Bitgert coin overtaking Litecoin LTC as one of the most preferred payment methods. Litecoin will need to deliver more development to keep Litecoin more competitive. Otherwise, Litecoin $LTC will find it hard to compete with $BRISE this year.
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