Bitgert is on its way to the moon. It is one of the few cryptocurrencies skyrocketing even when the market is crashing.
Bitgert is on its way to the moon. It is one of the few cryptocurrencies skyrocketing even when the market is crashing. As of this writing, the market is bearish, with Safemoon having plunged 18% in the past 24 hours. However, Bitgert is still green, having increased by over 10% in the last 24 hours. That’s how impressive Bitgert has been performing in the market. But why is Bitgert outperforming Safemoon? Read more below about the powerful Bitgert growth & development and the Safemoon lawsuit issues.
Though the class action lawsuit against Safemoon has something to do with the current SFM price plunge, the Bitgert growth and development have a lot to do with the current overtaking of Safemoon. The Bitgert team has developed more powerful products not only than Safemoon but other cryptocurrencies in the market. That’s why Bitgert is one of the few cryptocurrencies skyrocketing during the current bearish market condition.
The recently launched zero gas fee BRISE BRC20 blockchain is one of the biggest reasons Bitgert has been skyrocketing non-stop for the last week. The Bitgert chain is not only offering zero fee for gas, but it is also the fastest chain in the industry today at 100k TPS. This speed is faster than Solana, which was the fastest blockchain. At $0.0000000000001 gas fee and 100,000 TPS, Bitgert is attracting thousands of investors, which is why it is skyrocketing. More exciting Bitgert chain products are coming up soon.
Centcex is another cryptocurrency worth looking at today. It is one of the cryptocurrencies recording impressive performance during this bear market. Centcex price has been very stable and has not been experiencing massive plunges like most large cryptocurrencies. The major reason why Centcex has been doing well is the increasing number of investors buying the token.
Centcex project design is promising to offer investors the best returns. This is from an unlimited number of products on the Centcex ecosystem and 100% APY staking. It simply means Centcex will be one of the largest staking rewards in the market, with hundreds or thousands of products on its ecosystem. The Centcex project might also develop its own blockchain. These are major reasons why thousands of crypto investors are buying CENX tokens.
The Safemoon current price plunge is driven by two major factors- the bear market and the upcoming class-action lawsuit. A group of investors is taking Safemoon and its celebrities to court for luring them to misleading promotions. Among the celebrities that Safemoon used includes musicians Soulja Boy, Nick Carter, Lil Yachty, and YouTubers, Ben Phillips and Jake Paul.
The investors claim that these celebrities hyped the project and then embarked on a ‘Slow rug pull’ that left most investors in losses. The class lawsuit might be a big blow for the Safemoon coin and could see the price continue to plummet further. However, Safemoon V and the expected Safemoon developments like Project Phoenix are still going on as planned. Safemoon might come out of the lawsuit stronger but will still have tough competition in Bitgert.