Bitgert Coin’s Ascendancy Amidst Solana and Cardano’s Price Correction

Bitgert Coin’s Ascendancy Amidst Solana and Cardano’s Price Correction

Press Releases
March 25, 2024 by Carolyna Mavis
333
Despite the overall market decline and price correction affecting top cryptos like Solana and Cardano, Bitgert Coin has remained on the rise. This crypto’s ascendancy defies general market trends and has left Solana and Cardano investors with much to desire.  Here, we review and reveal what’s inspiring Bitgert coin’s ascendancy, Solana and Cardano’s struggles, and
image001

Despite the overall market decline and price correction affecting top cryptos like Solana and Cardano, Bitgert Coin has remained on the rise. This crypto’s ascendancy defies general market trends and has left Solana and Cardano investors with much to desire. 

Here, we review and reveal what’s inspiring Bitgert coin’s ascendancy, Solana and Cardano’s struggles, and the massive potential awaiting savvy investors.

Bitgert

The high-flying Bitgert coin has maintained its fast ascent over top projects like Solana and Cardano despite the bearish market trend. Market analysts attribute this consistency to cryptocurrency’s notable appeal, especially after its blockchain launched. The Bitgert BRC20 blockchain is the first blockchain with a $0.0000000000001 gas fee, a near-zero offer and the lowest in the industry. This BRC20 blockchain also outshines Solana with speed and transaction processing efficiency with 100k TPS.

These perks explain how Bitgert gets the skyrocketing momentum to topple others like Solana and Cardano despite the bearish market. With the increase in users adopting the Bitgert chain, as market analysts predict, investors, including those from prominent cryptocurrencies like Solana and Cardano, will keep buying and accumulating BRISE. This heavy demand will send BRISE to the moon and reward early buyers, including savvy Cardano and Solana investors, with insane gains.

Cardano

Analysts had reported Cardano TVL at $520 million as of March 14. Unfortunately, there has been a massive drop in that figure ever since to $409.9 million on March 22. This drop represents a significant $110 million setback in only a week. This heavy plunge in defi participation on a Layer-1 blockchain network shows bearish prospects for the platform’s native token.

Therefore, it’s worrying considering Cardano’s setback stems from the decline in demand for defi services hosted on the Cardano network and a market share loss for Cardano to the likes of Solana and vibrant Layer-2 networks like Arbitrum and Optimism. Owing to the lack of defi traction for Cardano, the present Cardano price retreat is set to worsen, and experts recommend considering promising alternatives.

Solana

According to the Solana price chart, analysts notice short-term EMAs above longer-term EMAs, such as the 100 and 200. This observation aligns with the present Solana price level. These Solana analysts believe it indicates consolidation for Solana’s price but in the short term. Regardless, many Solana investors do not want any more decline.

Solana entered a correction stint days ago, and experts predict Solana’s price will test the $161 support. If that support does not hold, $137 could be Solana’s next price support. Such bearish price actions would denote a 21% fall. However, if Solana’s price fights back and the bull picks momentum, Solana could return to the consolidation phase and hit $210 again, a 20% increase from the present Solana’s worth.

It’s uncertain. Hence, Solana investors and others are accumulating Bitgert as a more promising alternative.