BRISE Coin's 7% Jump Triggers FOMO Rush
The 7% surge in Bitgert Coin has resulted in it becoming one of the focal points of the ever-increasing fear of missing out (FOMO) storm. Investors run into this market like stampedes on the thought that they could probably miss a very good profit windfall. Sometimes, the market is buzzing with people, with many feeling excited, while at other times, the market is deserted due to the lack of enthusiasm. Nonetheless, let's look at Bitgert's current market position and try to figure out what's driving this craze.
What is Bitgert?
Bitgert was formerly a Bitrise token. The ecosystem boasts a circulating supply of 395,688,215,721,653, a price of $0.061512 as of the 17th of May 2024, and a market capitalization of $59,877,914. The creation of a large and all-encompassing cryptocurrency and blockchain technology user ecosystem is the core purpose of the project. The original Bitgert token, BRISE, is the center of the Bitgert ecosystem. It includes a buyback mechanism, ensuring scarcity and a rise in price; it is further stakable to acquire BUSD rewards. Bitgert is 200 days old and has already come with many functionalities such as its very own Blockchain network, staking, a controlled exchange, an auditing platform, a DEX BRISE Swap, and a wallet BEP20/ERC20. Bitget is the most used exchange where BRISE tokens can be traded. The all-time high of the token was at 0.051842 on 7 March 2022, and the all-time low was at 0.096166 on 9 September 2021. At this price, BRISE is still low compared to the total global digital market and all similar Ethereum-based altcoins, although rising by 0.90% over the past week. With an ecosystem that is very friendly and easy to use, Bitgert wants to drive acceptance and use cases for cryptocurrencies.
Bitgert’s Last 30 Days Market Stance
The previous 30 days have seen Bitgert (BRISE) show signs of encouraging market growth. Between April 17 and May 17, 2024, there was a 21.3% increase in the token price, which is currently worth $0.000000151383, up from its previous value of $0.000000169089. Bitgert's market value increased by 10.7% throughout that time, from $66,939,887 on April 17, 2024, to $59,894,220. The fact that the market capitalization has increased in spite of price depreciation is a clear indication of investors' rising interest in and trust in the Bitgert project. It's important to note that Bitgert's trading volume is consistently high. The median daily volume of trade hovers around $2 million, indicating a steady and dynamic market.
Conclusion
Aside from a few minor dips that have demonstrated Bitgert's resilience to volatility, the platform has consistently increased in value. For the past 30 days, the project's growth and acceptability have been excellent. Even if Bitgert's recent performance catalyzed investment, it is key to approach any investment with extreme caution and thorough study about the hazards associated with cryptocurrency investing.
To know more about Bitgert, Visit https://bitgert.com.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
