Cryptocurrency Investors Monitor Solana and Cardanos Price Correction, Eye Bitgert Coins Potential
Its that time of the financial year again when the limelight is entirely on the crypto market. Its where the tea is, and cryptocurrency investors are on top of the situation. While popular cryptos like Solana and Cardano struggle to hold on to a positive price momentum amid price correction stints, Solana, Cardano and other cryptocurrency investors now eye Bitgerts coin explosive potential.
But does Bitgert have all it takes to meet these expectations? Read on for answers.
Bitgert
Bitgert has been the perfect alternative to Cardano, Solana, and other crypto giants; this cryptocurrency is setting up to shake up the market. While tokens like Solana have no supply cap, Bitgert caps its supply at 1000 trillion BRISE.
In addition, BRISE is a deflationary token, an advantage it has over other cryptos in the market. Unlike Solana, each BRISE transaction will burn 12% of the tokens, permanently wiping them out of circulation and creating scarcity and value for the crypto. According to recent reports, 2 trillion BRISE has been burnt as a testament to Bitgerts commitment to its tokenomics.
Meanwhile, Bitgert recent price performance outperforms top projects like Solana and Cardano. These movements are testaments to the crypto holding a more substantial surge potential and set for a bullish run in the months ahead. Solana and Cardanos investors especially are confident of BRISEs position to pose a significant threat and be the most promising alternative for Cardano and Solana in the future.
Cardano
Its been a rough run for Cardano and Cardano traders recently as the crypto battles bearish waves. Again, Cardanos (ADA) price plunged to $0.56 on Wednesday, signalling a nearly 30% decline from Cardanos year-to-date peak of $0.8104. This latest Cardano decline comes on the back of a price correction and mass liquidations in Bitcoin that saw the crypto giants price fall to $62,000.
Due to this last dip, Cardano holders recorded massive loss volumes, according to on-chain data. As analysts predict, that Cardano holders are expected to continue shedding their Cardano (ADA) holdings suggests the token might experience further declines due to the selling frenzy.
Solana
Solanas price currently sits at $169.26, signaling a 9.6% drop in value. Also, the latest trading volume of $4.7 billion over the last 24 hours shows another 35.41% decline. This bearish trend is a sign that Solana isnt enjoying investors engagement as it used to. Besides, Solana investors have also lessened their liquidity levels.
From the price decline to the nosedive of Solanas total market value, there might be trouble in the Solana paradise. Despite a market cap of $75.65 billion, Solana investors now have their eyes on Bitgert, citing its poise to hit insane profit heights in the coming months.
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
