The crypto markets are crashing again, with almost all the top cryptocurrencies already plummeting. Bitcoin is now trading below $40,000 after making some good gains during yesterday's bull market. Fantom and Terra are among the cryptocurrencies that are plummeting today.
But during the same bear market condition, Bitgert (BRISE) has been among the cryptocurrencies that are doing so well. In fact, it is growing so fast that it is quickly overtaking most of the crypto projects. Here are some of the facts you need to know about these crypto projects:
Is Bitgert taking over the crypto industry? Well, this might be true because of one thing- the Bitgert BRC20 blockchain. This is the first blockchain to address the big problem of the rising gas fee. With the Bitgert chain, the gas cost is 0.000021 BRISE, a figure that is equivalent to a near-zero figure no matter how you look at it.
The Bitgert chain throughput is 100k TPS, which means it is the fastest blockchain right now. The zero-cost gas fee and the fastest chain are the biggest reasons why even developers from the largest blockchains are now moving to the Brise chain. These are the reasons why Bitgert is taking over.
The Centcex price has been bullish, like Bitgert, during this bear market. This makes it one of the projects to watch today. Ever invested in a project that is focusing only on developing utility? This is what Centcex is offering. The dev team is building one of the biggest crypto applications for the ecosystem.
The objective of the Centcex project is to bring millions of users by developing a huge number of products. This will result in high demand for the Centcex token, and the amount of revenue generated is also huge. That's how Centcex investors will be rewarded.
Fantom has been plummeting for the most part of the day. Fantom had lost over 7% for the past 24 hours as of this writing. This is a huge drop, and the bear market seems like it might continue for the remaining part of the day. Therefore, the coin might dip even further before the close of the day.
Fantom has been making impressive recoveries once the market breather starts and more people starts investing in the coin. But this might be different because Fantom is getting competition from the likes of Bitgert BRC20 blockchain. Therefore, the team might need to do more to keep Fantom competitive.
Though the Terra price has been plummeting, it is one of the cryptocurrencies that have tried to maintain a more stable price. However, Terra had dipped by 2% by the time of this writing. This makes it one of the coins that have been posting a good resistance to the bear market. The Terra price looks like the coin is digging out of the dip.
However, Terra is still showing poor performance when compared to Bitgert. The sliding into the red zone is not a good sign of the best performing coins regardless of the percentage that has dipped. Therefore, Bitgert still remains the most attractive coin over Terra.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.