Bitgert (BRISE) is a crypto engineering project launched in July 2021 specializing in blockchain products and auditing solutions.
Initially, Bitgert was built on the BNB Chain and used BNB, its native token, to pay out rewards. However, one of the most significant developments by Bitgert was introduced in 2022: the BRC20 blockchain. It offers near-zero gas fees and high-speed cross-chain transactions. More specifically, the gas fee is $0,0000000000001 per transaction, while the supported transfer fee is up to 100.000 TPS.
What is Bitger?
Bitgert is a cryptocurrency network that claims to be a zero-cost gas fee blockchain. Currently, the Bitgert ecosystem hosts a decentralized financial protocol (DeFi) called Knit FInance, a non-fungible token marketplace (NFT) called Miidas NFT Marketplace, and a decentralized exchange (DEX) called SPYNX Labs, among others.
Bitgert was initially launched on the Binance Smart Chain (BSC) and used the Binance Coin (BNB) to pay its rewards. As per Bitgert’s roadmap, the project first launched in July 2021 with a website launch and a listing of its native BRISE token on Binance’s DEX, Pancake Swap.
The project was initially known as ‘Bitrise’ before being renamed to ‘Bitgert’ in December 2021. In February 2022, Bitgert launched its native BRISE Chain, backed by the BRC20 smart contract, in what was the biggest development in the blockchain project. yet. The launch of its native blockchain network allowed developers to build dApps on the Bitgert network.
What makes Bitgert unique?
Bitgert (BRISE) uses a DeFi protocol and was deployed on the BNB Chain. The rapidly growing ecosystem spans areas such as DeFi, NFT, Web 3.0 and Metaverse.
The Bitgert ecosystem features the following products:
- Bitgert Chain is an EVM compatible blockchain with gas fees as low as $0,00000001 per transaction;
- BRISE dApp wallet with BRC20/ERC20/BEP20 support for Android and iOS. Multi-currency crypto wallet allows users to send, receive, store and exchange various crypto assets in a safe and secure manner;
- BRISE Swap is a fast and cheap decentralized exchange (DEX) powered by BNB Chain. BRISE Swap positions itself as an alternative to the PancakeSwap platform – a decentralized exchange for exchanging BEP20 tokens on BNB Chain;
- BRISE Stake. The program allows BRISE holders to stake their tokens and earn BUSD in reward;
- Audit Solutions with Leaderboard Support is responsible for blockchain security. Bitgert Audit uses cutting-edge AI technology and manual code review to secure smart contracts;
- Bitger Bridge. The product is still under development, however, in the near future, the technology will help transfer assets from BNB Chain to Bitgert Chain.
BRISE currency price performance
At the time of writing, Bitgert was the 2.857th largest cryptocurrency with a fully diluted market cap of over $610 million. Data from CoinMarketCap showed that its native token, BRISE, is up nearly 200% – from around $0,000000003564 in late July 2021 to its current price of around $0,0000006107.
However, since hitting an all-time high of $0,00000404 on August 13, 2021, BRISE has been on a downward trajectory. The token is down 84% from its highs and is currently trading at $0,0000006107. More recently, the price has dropped along with the broader cryptocurrency market, dropping over 31% in the last 30 days. However, the recent drop has not stopped BRISE from posting positive returns in 2022. At the time of writing, the token has risen over 140% in the last 6 months.
In terms of short-term technical analysis, BRISE traded below its five- and 10-day moving averages, indicating a bearish trend. The BRISE Relative Strength Index (RSI) was at 44,48 on May 25, signaling that the token was not oversold or overbought.
Bitgert Coin Price Forecast 2022-2025
The currency price forecast expected BRISE to reach an average price of $0,00000160 by the end of 2022, $0,00000271 by the end of 2023 and close 2025 at $0,00000540. The five-year BRISE coin price forecast suggested that the cryptocurrency could trade at an average price of $0,00000728 by May 2027. The token could reach an average price of $0,00000085 in 2022, US$ 0,00000189 in 2024, $0,00000273 in 2025 and $0,00001731 in 2030. The forecast expected the token to trade at an average of $0,000000797 in 2022. The token could reach a maximum price of US$0,00000127 in 2025 and US$0,00000294 in 2030.
When looking for bitgert cryptocurrency price predictions, traders should remember that cryptocurrency markets are extremely volatile. Algorithm-based predictions and predictions are based on analysis of past performance, which is never a guarantee of future returns.
Always conduct your own research and remember that your decision to trade or invest should depend on your risk tolerance, market experience, portfolio size and objectives. Never invest or trade money you cannot afford to lose.
BRISE token
The BRISE token works as an intermediary in a peer-to-peer (P2P) service for payments in local currency, using the BRISE Wallet dApp, featuring fast and secure transactions and no transaction fees. In this scenario, a seller and a buyer can cooperate directly with each other, without the need for intermediaries.
The token has a repurchase mechanism. How it works: A 5% repurchase tax is levied on each transaction and stored within a smart contract. If the sale has taken place, part of the tax paid is allocated to the automatic purchase of Tokens of the liquidity pool, said tokens being burned immediately. Advantages: price increase (purchasing tokens from the liquidity pool results in the addition of new BNB tokens to the pool and decrease in the number of BRISE tokens); the emergence of free BNB tokens; reliability and investor confidence. In addition, Bitgert shares with its investors a 4% commission on each transaction, proportional to its share and in BUSD tokens. The total tax commission on the network is 12%.
The full supply of BRISE tokens of 1.000.000.000.000.000 coins was minted at the launch of the platform. The distribution is as follows: 50% for initial burn, 38% for liquidity, 7% for future development and marketing, 5% for the development team.
Bottom Line
In highly volatile cryptocurrency markets, it is important to do your own research to determine if it is a good fit for your portfolio. Whether BRISE is a suitable investment or trading opportunity for you depends on your risk tolerance, portfolio size and objectives, and your experience in the markets.
