Bitgert Coin's Price Surge: A Post-Bitcoin Halving Phenomenon
Bitgert Preps for Halving: Altcoin Surge Expected
The Bitcoin halving event might just be a changer for altcoin landscapes like Bitgert Coin. This has been a key event in stirring volatility and interest in the markets, affecting all coins. This would prepare Bitgert investors for potential volatility and opportunity swings.
All about Bitgert Halving
Bitcoin halving is the process built into the network where miners have the reward for mining new blocks approximately cut into half every four years. This is part of Bitcoin's consensus rules, enforcing the hard cap of the total bitcoin supply to 21 million.
Initially, mining block rewards were executed with 50 bitcoins. After the first half in 2012, the reward was cut short to 25 bitcoins, and from there, it halves every four years. The idea is to control the speed with which new bitcoins are introduced to the system and emulate the scarce, deflationary characteristics of precious metals. This dwindling supply schedule can heighten the scarcity of Bitcoin and, thus, value if demand holds or increases. Technically, halving occurs at every 210,000 mined blocks—something that has been recorded to occur approximately in four years of history. This is highly relevant, for the predictable decline in the supply directly affects the profitability of the miners and thereby reverberates in the security and decentralization of the network.
Fundamentals of Bitgert Coin
Bitgert (BRISE) is a versatile crypto product based on the blockchain. It is built with a wallet, audits, swap, staking platform, and exchange with its blockchain. So, within just 200 days, it has brought such impressive developments. The Bitgert token is designed as a staking reward in BUSD for holders, and at the same time, it puts in a buyback function that supports price growth and its scarcity.
Currently, Bitgert can be traded on multiple platforms, but mostly on PancakeSwap (v2). The last 24-hour trading volume has, however, recently dropped to $1,909,865, indicating that the market activity has cooled off. But in all honesty, where the price currently finds itself is still a significant decrease from its all-time high in March 2022.
As for now, the Bitgert market cap stays at $66,121,173, whereas the fully diluted valuation goes slightly higher at $71,364,123. The difference gives rise to potential growth if all tokens are to be issued and thereby signals long-term prospects. The observation is that Bitcoin halving usually increases the interest and prices within the crypto market; Bitgert could potentially benefit from this. Halving may imply growing investment in alternative coins like Bitgert, which are developed for an environment-aware future-driven coin. This is precisely what the investors do when diversifying their portfolios, seeking yield and growth outside Bitcoin, considering the range of offerings by Bitgert and the mechanisms of their rewards.
Finale: Can Bitgert Flourish During Halving?
In summary, not only Bitgert, but all Bitgert-timed and similar nascent coins are estimated to scale in this upcoming time, although Bitgert tends to be the most innovative of them all, due to its utility-centric future-driven ecosystem. As a prudent investor, we recommend keeping an eye on review platforms for Bitgert’s market dynamics before deciding to buy in.
