The start of the successive easing cycles last week delivered a much-needed boost to the crypto market before Q4. Bitcoin, Ethereum, and other altcoins demonstrated strong performance over the past seven days.
As the bull cycle takes shape, investors are expected to migrate into more promising projects. Lately, Bitgert, one of the fastest-growing ecosystems, piqued the interest of Dogwifhat investors. Market metrics show the increased movements of investors into Bitgert from other projects like Dogwifhat, etc.
In the following paragraphs, we will go through details, examining why investors are migrating from Dogwifhat to Bitgert.
Dogwifhat’s Investors Exodus Continues Despite Recent Gains
Dogwifhat ($WIF) had a daily gain of 5.9%, hitting a new one-month peak of $2.56. Last Tuesday, $WIF flipped a crucial resistance level and rallied above the $1.95 support.
Data from Coinmarketcap shows that Dogwifhat’s market capitalization sits conveniently above $2 billion. Despite $WIF’s recent gains, the RSI signal suggests steady selling momentum. The signal confirms $WIF that wouldn’t sustain its upward trajectory and could see a sharp decline soon. Data from holderscan.com also confirms the addition of only 2,300 new WIF holders last week, despite $WIF’s 49.8% pump during this period.
Moreso, Dogwifhat’s investors have notably been dumping their holdings and migrating to Bitgert. This trend highlights how innovative developments and strategic campaigns in one project could cause a departure from another.
As Dogwifhat’s investors liquidate their $WIF coins and migrate to Bitgert, buying pressure is expected to increase, potentially setting up a significant price rally.
Bitgert: Set-up For A Major Price Rally
Bigert is a leading Layer-1 solution renowned for its super-fast transactional speeds and almost zero gas fees. Bitgert claimed its way to the top of the market with its undeniable appeal and user-friendly functionalities. Bitgert employs the PoW consensus mechanism to achieve lower block times, executing transactions faster than Ethereum and Solana.
Another development that bolstered Bitgert’s market visibility is its partnership with project partners to allow for an enhanced digital experience for developers and users. Bitgert recently unveiled its collaboration with Alterim AI—an AI companion on Telegram, Arbisoo—a contract-friendly exchange, and FlareSwap—a multi-chain trading platform.
News of an additional positive development within the Bitgert ecosystem has triggered more excitement. Investors are confident a project like Bitgert—one with solid fundamentals—will outperform Dogwifhat in the final three months.
Moreover, Now trading at $0.000000089, Bitgert’s $BRISE seems to be approaching a key resistance; analysts believe a breakout is possible before October. Accumulate Bitgert before it sees consecutive big green candles in the anticipated Uptober rally.
Grab your own $BRISE token at Bitget, Gate.io, PancakeSwap, MEXC, and KuCoin!
Step 1: Register on the exchange
Step 2: Choose a payment method
Step 3: Buy $BRISE
Buy $BRISE on Bitgert website today. Visit bitgert.com.
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