As the 2024 year nears Q4, the eventful cryptocurrency market is in development, and Degen coin holders are increasingly becoming fixated on Bitgert. However, this is a reflection of the increasingly developing interest in its future growth potential. Innovation and a robust ecosystem attract Degen investors mainly to Bitgert. This move exemplifies the dynamism common within crypto investments and the rise in Bitgert's appeal among Degen enthusiasts.
While Degen powers the Degen chain, which is an L3 on Base, Bitgert offers its blockchain with close-to-zero cost gas fees. Degen focuses on incentivizing content creators; Bitgert is a more holistic ecosystem, including solutions such as Bitgert Swap and PayBrise. Degen tokenomics have 70% community allocation, whereas the inflation starts at 1% starting in 2028. The tokenomics for Bitgert include a deflationary buyback mechanism. While Degen focuses more on niche and very specific dApps, such as SuperBoring and DegenPad, Bitgert has projects across many spheres, from finance to even real estate.
Looking at recent price data, there are interesting patterns for each of Degen and Bitgert. The 24-hour range for Degen is $0.004829 to $0.005421, while the 7-day range is $0.00409 to $0.005653. For Bitgert, the range is $0.00000007979–$0.00000008281 for 24 hours and $0.00000007863–$0.00000008467 for the week. Relatively narrow positions of Bitgert hint at more stable prices, which might be desirable for a Degen investor. This stability could perhaps be one of the many reasons why Degen holders are considering Bitgert as one of the more promising alternatives.
While both Degen and Bitgert have very active communities, their focus is very different. Degen focuses on tipping for content creation, with dApps such as Bountycaster and ProxySwap, taking advantage of its tip allowance mechanism. On the contrary, Bitgert extends its scope to real-world applications by entering into partnerships such as Alterim AI and Terminus. Comparatively, where Degen is at 465k holders and 6M transactions, Bitgert boasts 800k organic community members alone. Thus, Degen holders may appreciate the diverse ecosystem of Bitgert with respect to real-world utility and, therefore, a more relative prospect for long-term growth over content creation.
Bitgert's Appeal: Why Degen Holders Are Making the Switch
The shift from Degen to Bitgert demonstrates a broader, future-eyed movement in crypto investments. An expansive ecosystem value, stable price performance, and various partnerships position Bitgert as one to truly grab onto when long-term growth is on the minds of investors. To cryptocurrency enthusiasts and potential investors, Bitgert indeed blends technological innovation with practical applications, but it is worth further investigation before all-out buy-ins.
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