Bitgert’s price has increased by more than 140% in the last 30 days. This was the highest price growth in the crypto market in a month.
Dogecoin has shown a similar increase of 113% in the last 30 days. So, let’s understand this deeply through a technical comparison.
Bitgert & Dogecoin: A comparison
Bitgert boasts a massive supply of one trillion tokens since its launch. They strategically distributed these tokens: half were burned immediately, reducing the overall supply.
Another 38% went towards liquidity, ensuring smooth trading. Project development received 7%, and the remaining 5% went to the development team.
Unlike Bitgert, Dogecoin has no cap on the total number of coins. Miners are rewarded 10,000 DOGE for verifying transactions, which happens roughly every minute. This means that 14.4 million new DOGE are created daily, which are either circulated through sales or are being held by miners.
So this means that Bitgert can create a supply crunch, but Doge doesn’t. This gives Bitgert an edge over DogeCoin to burn and modulate the prices.
To get a better understanding, the table below shows the comparative analysis of Bitgert and Dogecoin metrics :
| Metric | Bitgert (BRISE) | Dogecoin (DOGE) |
| Price (Today) | $0.064095 | $0.173358 |
| 24-hour Trading Volume | $7.89M | $6.21B |
| Market Dominance | 0.01% | 0.94% |
| Price Increase (Last 24 hrs) | 64.71% | 3.90% |
| Highest Price | $0.051871 (Mar 7, 2022) | $0.738595 (May 8, 2021) |
| Lowest Price | $0.0081086 (Sep 9, 2021) | $0.00008547 (May 7, 2015) |
| Lowest Since ATH | $0.061237 | $0.049701 |
| Highest Since Last Cycle Low | $0.063941 | $0.203320 |
| Circulating Supply | 395.69T BRISE (out of 1,000.00T) | 143.41B DOGE |
| RSI (14) | 66.09 (Bullish) | 72.36 (Bullish) |
| MACD (12,26,9) | 0.00000161 (Bullish) | 1.71 (Bullish) |
| Stochastic (20,3) | 68.21 (Bullish) | 73.47 (Bullish) |
| ROC (20) | 48.49 (Bullish) | 91.59 (Bullish) |
| Market Cap Ranking | #11 (Binance Smart Chain sector) | #2 (Proof-of-Work Coins sector) |
Source: Coincodex and Moneycontrol
Conclusion
Overall, Bitgert‘s growth is a result of a combination of performance factors, including strong price, strategic token distribution, technical indicators, bullish momentum, and resilience in the face of market fluctuations.
The future of Bitgert looks good, but there are still things we’re unsure about. The crypto market is notoriously volatile and highly unregulated. So, always be vigilant when investing in any crypto asset.
To know more about Bitgert, Visit https://bitgert.com
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