This Is Why Bitgert Is Today Considered Litecoin’s Biggest Threat

This Is Why Bitgert Is Today Considered Litecoin’s Biggest Threat
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Market Trends
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Key Points:

  • Bitgert fast ecosystem growth is bigger than Litecoin
  • The Bitgert project has its own blockchain, unlike Bitgert
  • Bitgert bridge is growing the value of BRISE faster than Litecoin LTC
  • Bitgert is going ecosystem growth is getting a push from the Centcex project

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.

Bitgert is definitely building more than just a payment method like Litecoin. It's a more complicated blockchain ecosystem that is attracting many investors. Here are reasons that crypto expert has shared about the Bitgert projects that make it stand from Litecoin:

1. Ecosystem growth

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.

2. BRC20 blockchain

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. 

3. Bitgert bridge

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.

4. Centcex Partnership

The other reason shared by the crypto experts why Bitgert is threatening Litecoin is the Centcex comparison. Bitgert has partnered with Centcex to build products for the Bitgert ecosystem. This means Bitgert coin will do better than Litecoin.

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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