The crypto market forces usually impact cryptocurrencies' prices in a big way. That's why a bearish market will have most of the crypto coins dropping. But some crypto coins can go against the grain to post growth even during a bear market.
The recent bear market affected the Cardano and Solana prices, where they dropped by a significant percentage. But during the same period, Bitgert price was skyrocketing. But why? Read more about these crypto coins below:
Bitgert has been skyrocketing, even during the bear market conditions. There are factors driving the exponential growth, and the biggest one has been the Bitgert BRC20 blockchain. The project launched its own blockchain, which is also a revolutionary chain. The Bitgert blockchain is the first zero gas fee blockchain, with the gas cost being $0.0000000000001. There is no other blockchain that is offering such a low gas fee.
The Bitgert chain has also outperformed the Solana chain in speed after reaching the 100k TPS, making it the fastest blockchain in the industry today. The zero-cost gas fee and the fastest chain are why Bitgert is attracting investors, including whales. The Bitgert Startup Studio and the upcoming exchange are also attracting many investors. All these factors enabled Bitgert to skyrocket when the Cardano and Solana prices were plunging.
Some coins resisted the crashing market force to post stable prices, and one of them is Centcex. Though Centcex did not record a skyrocketing price growth as the Bitgert coin, the coin also made some good gains as Cardano and Solana turned bearish. This is because more investors were buying Centcex than those selling.
Crypto investors are buying Centcex because of the expected huge returns they are likely to get. The Centcex project is building the largest utilities in the market. This means hundreds and thousands of products on its ecosystem, which will bring millions of users to the network. The impact will be a skyrocketing Centcex price and colossal staking revenue. This is definitely a project to consider.
The Solana coin is still coming out of the dip that the crashing market threw it into. The market may be a little bit bullish, but it might take some time before Solana recovers from the previous drop. As of this writing, Solana was green for the past 24 hours gains but still red with a 15% dip for the past 7 days. That's how badly the bear market affected the SOL price.
However, there is still another challenge that Solana will need to deal with to improve its performance. The Bitgert chain competition is a big problem right now. Bitgert BRC20 blockchain overtaking Solana speed is working against SOL. The Brise chain gas fee being cheaper is also a big issue for the Solana project.
As of this writing, the market breather had enabled Cardano to make some good recovery from the past 24 hours dip. But the coin was still over 10% in the red for the price drop experienced over the past 7 days. This means that Cardano was among the most affected cryptocurrencies by the recent plunging market.
Just like Solana, Cardano will also need to deal with the Bitgert BRC20 blockchain. The chain is proving superior to Cardano with its faster chain and the lowest gas fee. Without beating Bitgert chain speed and zero-cost gas fee features, Cardano adoption rate night start slowing as more projects will be starting on the Brise chain.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.