With the BTC halving upon us, experts believe the altcoin season is here.
Alt Season begins when altcoins start to outperform Bitcoin. Analysts believe that the altcoin market cap is positioned for an impressive bull run post the BTC halving event.
After the halving is when the interest shifts towards alts usually so get ready to pick the altcoin you’ll be backing this season.
One altcoin that has been in the news lately due to multiple partnerships and developments is none other than Bitgert. The project has immense potential and the latest uptick in the price of Bitgert has investors more excited than ever.
The Underdog Set to Go to the Moon?
There has been a positive trend in Bitgert coin’s price since the start of the year with an increase of 6.75% in the last 24 hours. The entire market is correcting due to the halving but Bitgert has already started to reverse the trend.
The current Bitgert price today is $0.0000001808 with a 24-hour trading volume of $2,116,329. There has been an increase of 31.42% in the trading volume in the last 24 hours, signalling a recent rise in market activity.
The tokenomics of this project are solid coupled with a sound distribution strategy, including allocations for development, marketing, and the team.
Bitgert has implemented an interesting buyback concept to increase the attractiveness of holding the Bitgert coin. 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 supply and potentially increasing its value. The team burned around 2 Trillion Bitgert coins recently to reduce the supply and bring immense benefits to the community.
Bitgert boasts a processing power of 100,000 transactions per second, and it has near-zero gas fees.
The team has secured 50+ partnerships recently and enjoys the support of an impressive community. The wallet address count has also seen an impressive surge of 28%!
Conclusion
Bitgert coin, led by market momentum and Bitgert’s burn increase, could potentially be one of the top altcoins in this bull cycle.
Usually, the shift between Bitcoin dominance rising and dropping is when altcoins truly surge. This hasn’t happened yet but experts observe that the trend is truly weakening.
Bitgert can be an interesting addition to your portfolio this cycle but don’t forget to DYOR before making any long-term investments.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
