Bitgert Price Prediction (2024)

During the tumult of the FTX collapse, the divisive blockchain initiative Bitgert was in the spotlight, attracting investors through its audacious assertions of a rapid and cost-free blockchain. Bitgert, a crypto-engineering firm, has created a range of blockchain-powered products in sectors such as decentralized finance, NFTs, and the metaverse. This entity asserts that its mission is to leverage blockchain technology for innovation and problem-solving, aiming to enhance the living standards of its users. In February 2022, Bitgert marked a significant achievement by launching its own blockchain, known as the Brise Chain. This blockchain is distinctive for its use of a “proof of authority” (PoA) consensus mechanism, enabling it to process up to 100,000 transactions per second (TPS). This processing speed positions the Brise Chain among the fastest in the industry, competing closely with chains like Aptos, which boasts a capability of 160,000 TPS. While Bitgert is advertised as a blockchain offering “zero gas fees,” in practice, users do incur nominal transaction fees, which are just fractions of a cent. Moreover, Bitgert Chain’s compatibility with the Ethereum Virtual Machine (EVM) significantly boosts its attractiveness by allowing seamless migration of projects from Ethereum or other EVM-compatible blockchains. In this article, we’ll explore Bitgert price prediction with in-depth technical analysis of the BRISE token and determine its future price potential.

Bitgert: A Quick Introduction

Bitgert is a crypto engineering organization leveraging the Binance Smart Chain (BSC) to offer blockchain-based audit and product solutions globally. To support this mission, Bitgert has developed the Brise Chain, a high-speed blockchain network.

The Brise Chain stands as Bitgert’s proprietary blockchain, notable for its zero gas fees and the capacity to process up to 100,000 transactions per second (TPS).

Bitgert operates on the Brise Chain, utilizing a proof-of-authority (PoA) model to achieve rapid block generation times and minimal fees. This blockchain is designed to support smart contracts and is compatible with the Ethereum Virtual Machine (EVM), making it easy for developers to port applications from Ethereum.

With EVM compatibility, the Brise Chain launched with support for a wide range of Ethereum tools and decentralized applications (dApps), facilitating a smooth transition for developers.

The Bitgert ecosystem includes several key components, such as the Knit Finance decentralized finance (DeFi) protocol, the Miidas NFT Marketplace for non-fungible tokens, and the SPYNX Labs decentralized exchange (DEX).

BRISE, the ecosystem’s native token, functions through smart contracts, allowing for seamless exchange and swapping with Ethereum’s ERC-20 tokens and Binance’s BEP-20 tokens.

Bitgert: Use Cases

Bitgert is driven by its proprietary BRISE Chain, which is based on a proof-of-authority (PoA) model to facilitate fast block processing and maintain low transaction costs. Its compatibility with the Ethereum Virtual Machine (EVM) is a key aspect, supporting smart contracts and broadening the blockchain’s capabilities.

Due to the design that welcomes EVM compatibility, Bitgert effortlessly incorporates a variety of Ethereum’s tools and decentralized applications (dApps), easing the transition for developers from the Ethereum ecosystem. The Bitgert ecosystem boasts a range of significant features, including the Knit Finance DeFi protocol, the Miidas NFT Marketplace for trading non-fungible tokens, and the SPYNX Labs decentralized exchange.

At the core of the ecosystem is the BRISE token, which is integral to its operation through the use of smart contracts. BRISE is a versatile token, facilitating exchanges with ERC-20 tokens from Ethereum and BEP-20 tokens from Binance. Within the Bitgert ecosystem, BRISE plays several vital roles: it’s used to pay for gas fees during smart contract operations, enables staking, facilitates peer-to-peer payments, and collects transaction fees on the network. The multifunctionality of BRISE underscores its value in the Bitgert ecosystem, providing a comprehensive and dynamic platform for cryptocurrency activities.

Key Highlights of Bitgert:

• Trading on Decentralized Exchanges (DEXs): Bitgert serves as a trading pair across numerous DEXs, facilitating smooth and low-cost crypto transactions. The rapid block generation and fast transaction execution on the BRISE Chain ensure a superior trading experience for users.
• Token Launch and Fundraising Capabilities: Through the Bitgert Startup Studio, developers and entrepreneurs have the opportunity to create and launch their tokens on the BRISE Chain. This platform supports both private and public sales, providing not just a pathway to secure funding for new ventures but also essential marketing and technical support to kickstart projects successfully.
• Peer-to-Peer Transactions: At the core of Bitgert’s functionality is the BRISE Coin, the ecosystem’s native cryptocurrency, which enhances peer-to-peer payments via the BRISE dApp wallet. This mechanism simplifies transactions, offering a direct, cost-effective, and seamless way to transfer funds, thereby becoming a crucial tool for various crypto applications.

Bitgert Price Prediction: Price History

While it’s crucial to remember that past performance doesn’t guarantee future outcomes, examining bitgert’s price history provides valuable context for either interpreting a bitgert price forecast or formulating one ourselves.

When bitgert initially entered the open market in July 2021, its value hovered around $0.000000003564. It later surged to its peak of $0.00000404 on August 13, 2021, before experiencing a subsequent decline, closing the year at $0.0000003399.

Despite the overall crypto market downturn, 2022 proved relatively positive for bitgert. On March 7, it soared to $0.000001849, but amid market turbulence, it plummeted to $0.0000002634 on June 18. Following some recovery, the announcement on September 26 of the coin’s listing on the Huobi exchange sent it to $0.000000677 the next day.

However, November brought challenges with the collapse of the FTX (FTT) exchange, causing bitgert to hit a low of $0.0000003092 on November 21. The launch of the Bitgert Exchange in December boosted its value to $0.0000004515 on December 7, ending the year at $0.0000003019. Despite an approximate 11% annual loss, bitgert outperformed many other cryptocurrencies as the overall market plummeted by over 60%.

In 2023, while the crypto market saw encouraging trends, bitgert’s performance was more mixed. It peaked at $0.0000006817 on February 26 before retracting to around $0.0000004635 on April 6.

The price of BRISE continued to decline in the following months and touched the low of $0.00000012 in October. In recent weeks, the price of Bitgert has surged and touched the high of $0.00000037.

Bitgert Price Prediction: Technical Analysis

Buyers’ repeated failures to lift the price above $0.00000017 might have prompted short-term traders to abandon their positions, causing the price to fall below the 20-day exponential moving average (EMA) at $0.000000142. As of writing, BRISE price trades at $0.000000138, declining over 2.9% in the last 24 hours.

The 20-day EMA has been declining, and the Relative Strength Index (RSI) is now near the oversold region, indicating an advantage for sellers. Should the price drop below the 50-day simple moving average (SMA) of $0.00000012, this could tip the scales in favor of the sellers, potentially triggering a further drop to $0.00000008, and eventually down to the 61.8% Fibonacci retracement level at $0.000000065.

On the flip side, a bounce from the current level above the 20-day EMA could mean that the BRISE/USDT trading pair may continue to trade sideways. For an upward trend to begin, bulls must drive the price past the resistance zone from $0.000000165 to $0.0000002, targeting $0.00000025.

Bitgert Price Prediction By Blockchain Reporter

Bitgert Price Prediction 2024

With Bitgert Startup Studio, developers and entrepreneurs can create their own tokens on the BRISE Chain. This feature allows them to raise funds through private or public token sales, enabling innovative projects to secure the capital they need for development. The studio also offers marketing and technical support, ensuring the successful launch of these projects.

In 2024, the price of Bitgert is anticipated to reach a minimum level of $0.00000021. The maximum expected price is $0.00000024, with an average price of $0.00000021 throughout the year.

Bitgert Price Prediction 2025

Bitgert has implemented a buyback concept to increase the attractiveness of holding BRISE. Each transaction incurs a 5% buyback tax, with a portion of these funds used to purchase tokens from the liquidity pool. The bought-back tokens are then burned, reducing the token supply and potentially increasing its value.

For 2025, the price of Bitgert is expected to reach a minimum value of $0.00000030. The maximum potential price is $0.00000036, with an average trading price of $0.00000031 throughout the year.

BRISE Price Forecast for 2026

Based on forecasted prices and technical analysis, in 2026, Bitgert’s price is expected to reach a minimum level of $0.00000044. The maximum price could be $0.00000053, with an average trading price of $0.00000045.

Bitgert (BRISE) Price Prediction 2027

In 2027, Bitgert’s price is forecasted to reach a minimum of $0.00000062. The maximum price could be $0.00000076, with an average forecast price of $0.00000064.

Bitgert Price Prediction 2028

According to technical analysis of past price data, in 2028, Bitgert’s price is expected to be at a minimum of $0.00000091. The maximum price value could be $0.000001, with an average trading value of $0.00000094.

Bitgert Price Prediction 2029

Forecasts and technical analysis suggest that in 2029, Bitgert’s price will reach a minimum value of $0.000001. The maximum price could be $0.000002, with an average value of $0.000001.

Bitgert (BRISE) Price Prediction 2030

In 2030, the price of Bitgert is expected to reach a minimum level of $0.000002. The maximum price could be $0.000002, with an average price of $0.000002 throughout the year.

Bitgert Price Forecast 2031

Based on technical analysis, in 2031, Bitgert’s price is predicted to reach a minimum level of $0.000003. The maximum price could be $0.000003, with an average trading price of $0.000003.

Bitgert (BRISE) Price Prediction 2032

In 2032, Bitgert’s price is forecasted to reach a minimum of $0.000004. The maximum price could be $0.000005, with an average forecast price of $0.000004.

Bitgert Price Prediction 2033

For 2033, the price of Bitgert is expected to reach a minimum value of $0.000006. The maximum price could be $0.000007, with an average trading price of $0.000006 throughout the year.

Bitgert Price Targets: By Experts

According to Coincodex, the current Bitgert price prediction indicates a rise of 225.69%, reaching $0.0000004535 by July 17, 2024. Technical indicators suggest a bearish sentiment, while the Fear & Greed Index shows a level of 71 (Greed). Bitgert recorded 12 out of 30 (40%) green days with a 6.66% price volatility over the past 30 days. Based on the Bitgert forecast, it is currently considered a bad time to buy Bitgert.

Analyzing historical price movements and BTC halving cycles, the yearly low Bitgert price prediction for 2025 is estimated at $0.0000001393, while the price could reach as high as $0.0000006526 next year.

According to Digital Coin Price, by 2026, market analysts and experts predict that BRISE will start the year at $0.000000409 and trade around $0.000000501. This would represent a significant increase compared to the previous year, marking a notable jump in Bitgert’s value.

By 2033, Bitgert is expected to reach a minimum level of $0.00000260, with a potential maximum of $0.00000270 and an average forecast price of $0.00000268. It may surpass its previous high and advance to the next level if conditions remain favorable. However, there is also a possibility of a decline.

Is Bitgert A Good Investment? When To Buy?

Determining the investment potential of Bitgert or its token BRISE is challenging. As of May 12, 2023, BRISE’s price is extremely low, recorded at $0.0000002119. With a maximum token supply of one quadrillion and a diluted market cap of $83 million, the project’s valuation would need to surge by another $83 million for BRISE’s price to merely double.

BRISE has experienced a peak price of $0.000004 in the past, indicating that an increase from its present value is conceivable. The project effectively leverages marketing strategies, enticing investors with its low price and ambitious assertions. Nonetheless, given its scant user base and dubious credibility, the prospect of a significant appreciation in its value appears slim.

However, it is suggested to invest in this token at a price of $0.00000015 for a profitable return in the long-term.

What Drives the Price of Bitgert?

Smart Contract Capabilities on BRISE Chain

Developers have the opportunity to utilize smart contracts for building and deploying decentralized apps on the BRISE Chain. This platform is compatible with the Ethereum Virtual Machine (EVM), ensuring that it can run Ethereum-based apps without any issues, promoting easy integration.

Introduction of Bitgert Startup Studio

The initiation of the Bitgert Startup Studio has spurred the development of numerous projects on the BRISE Chain. It provides developers and entrepreneurs with tools to create their own cryptocurrencies, secure funding through token sales, and access both marketing and technical assistance for their startups.

Token Buyback Strategy and Reduction

To enhance the desirability of owning BRISE, Bitgert has adopted a buyback strategy. Every transaction triggers a 5% tax dedicated to buybacks, with some of these funds used to repurchase tokens from the liquidity pool. These tokens are subsequently destroyed, decreasing the overall token supply and potentially raising its market value.

Conclusion

The Bitgert project has stirred significant online debate and skepticism, with many focusing on the anonymity of its creators, the thoroughness of its audits, the extent of its decentralization, and the veracity of its charitable claims. It boasts of offering minimal transaction fees and a capability of processing up to 100,000 transactions per second, claims that have skeptics and investors alike questioning the project’s legitimacy. The primary concern revolves around why, if the blockchain’s touted features are legitimate, it hasn’t become a staple among cryptocurrency enthusiasts.

The Bitgert team asserts that their blockchain architecture has effectively navigated the blockchain trilemma—the challenge of balancing scalability, decentralization, and security, where enhancing one aspect traditionally compromises another. Despite claims of achieving a decentralized and secure network, evidence or detailed information supporting these claims is elusive.

Should the Bitgert blockchain have genuinely addressed the blockchain trilemma, it would represent a groundbreaking achievement in the field, potentially attracting widespread acclaim and interest for its advanced technology.

Bitgert price has been down by over 50% in the last 12 months and it failed to show any promising recovery signs, Hence, it is advised to do your own research before investing in the volatile market.

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