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Bitgert: New crypto alternative to Bitcoin and Ethereum wins investors
Learn more about Bitgert, an emerging cryptocurrency in the digital currency market. With high speed and minimal fees, Bitgert offers a revolutionary solution for fast transactions. With a dedicated team and a unique token burning mechanism, Bitgert has the potential to revolutionize the Web3 space. Learn more about Bitgert and purchase the coin on various exchanges. *This text is an advertising article and is not part of the editorial content of Cryptonews.com.*
Bitgert: New crypto alternative to Bitcoin and Ethereum wins investors
The press release reports that Bitgert, a relatively new cryptocurrency project, is attracting a lot of attention from investors this year. Bitgert's success is attributed to various factors including its potential and usefulness as well as its vision. Bitgert offers fast transaction speeds on its BRC20 blockchain, solving the “trilemma” of digital assets. Bitgert’s speed is faster than established competitors such as Ethereum and Solana. In addition, Bitgert offers almost fee-free transactions, which addresses another weak point in the industry. These features make Bitgert an attractive solution for developers who need to be able to conduct fast transactions.
Since the cryptocurrency industry has a lot of price volatility and there have been some cases of fraud, it is difficult to predict the long-term success of a coin. However, Bitgert has a dedicated team behind it, which increases the potential for long-term success. Additionally, the above features could position Bitgert as a competitor that challenges Web3's status quo.
According to CoinMarketCap data, Bitgert currently has a total supply of 1,000,000,000,000,000 BRISE tokens. Since the number of zeros here is considerable, there is speculation as to how much the price of the token will develop in the long term. However, Bitgert has introduced an integrated burning system to reduce the supply of Bitgert tokens. 5% of every transaction is sent to a burning wallet. Additionally, all Bitgert transactions are subject to a 10% tax, of which 5% goes to coin holders as rewards and 5% is sent to burning wallets.
In theory, using the BRISE token causes more tokens to be burned the more users interact with it. According to the law of supply and demand, the value of the remaining BRISE token will increase due to scarcity.
| information | Value |
|---|---|
| Total holdings of Bitgert tokens | 1,000,000,000,000,000 BREEZE |
| 5% of every transaction is burned | Yes |
| Transaction tax of 10% at Bitgert | Yes |
| Reward for holders of the coin | 5% of transactions |
Sources:
- CoinMarketCap: Bitgert
Please note that the above text is an editorial and analysis based on the press release given. The article does not reflect the opinion of the author, the magazine or its sources and is for informational purposes only.