Bitgert’s price has jumped over 80%, while Polkadot’s (DOT) and Fantom’s (FTM) prices are falling. The market was bearish by the end of the weekend, and all major cryptocurrencies were affected.
Most of the coins have had marginal drops in price, even though the plunge has not been very sharp. Why is Bitgert surging at such a high percentage when the market is bearish? Find out below:
Bitgert
Investors have been excited by the project’s developments, which have skyrocketed Bitgert’s price. The biggest development has been the launch of the BRC20 blockchain with zero gas fees. With Bitgert, the issue of gas fees in blockchain technology has been permanently resolved. The cost of Bitgert gas is $0.0000000000001, which is simply a zero figure.
Bitgert’s BRC20 blockchain also offers the fastest chains with its 100k TPS, and it is faster than Solana. Bitgert has been performing very well in the market over the last few days for these two main reasons. The Bitgert price is expected to continue surging even more in the near future with more products such as Brise CEX coming out.
Centcex
Despite being only 3 months old, Centcex has been attracting so much attention from the crypto community for many reasons. One of them is the massive utilities the Centcex team promises. The team behind this project is building a variety of products. Hundreds of products will run on the Centcex network, and the team will continue to build more.
Centcex is therefore an ideal crypto investment for investors looking for high utility projects with good returns on the investment. The staking rewards in this project are 100% APY that goes to the crypto investors, and this makes Centcex extremely attractive.
Fantom (FTM)
FTM (Fantom) remains one of the best crypto investments available today. A smart contract platform and layer-1 blockchain were developed to address the scaling issue in smart contract platforms. The Fantom chain’s compatibility with EVM is one of the reasons for its success in the market.
Despite the current bearish market, Fantom (FTM) is one of the cryptocurrencies that is dropping. One of the reasons why the Fantom price is dropping might be the appearance of more appealing chains, such as the Bitgert gasless chain. Brise offers a lower gas fee, and the chain speed is faster than Fantom.
Polkadot (DOT)
Polkadot (DOT) has been one of the cryptocurrencies with the biggest drops in the market right now, but it has also performed very well during bull markets. A number of factors may account for the recent price drops. One of them is the plunging market, which affects all cryptocurrencies.
Apart from the plunging market, the launch of the Bitgert zero gas fee and faster chain could also affect the popularity of Polkadot (DOT). The Polkadot chain is not as powerful as the recently announced Bitgert BRC20 blockchain, which may explain why more developers may gravitate toward the Brise chain.