While the recent bear market changed the dynamics of the Crypto market especially that of weaker projects, it also shone a spotlight on resilient gems like Bitgert. As Bitcoin’s halving knocks on the door, Bitgert stands poised for even greater growth.
So let us understand what Bitcoin halving is and why it could significantly improve the Bitgert coin’s price.
Understanding Bitcoin Halving
Bitcoin halving is an event that the crypto world looks forward to. It occurs roughly every four years. Halving involves the reward for miners who solve complex problems to generate new Bitcoins getting cut in half. This mechanism is designed to fight inflation and increase Bitcoin’s value by limiting its supply. As you would know, there will only ever be 21 million Bitcoins in existence.
About the Bitgert Coin
Bitgert is a very popular new age cryptocurrency project focused on delivering blockchain solutions that are both superfast and very affordable. It offers near-zero gas fees and a staggering 100,000 transactions per second (TPS). This makes it stand head to head with industry leaders like Solana and Cardano.
Moreover, the modern investor is very much impressed by Bitgert’s stand on sustainability.
Bitgert’s strategic partnerships, such as its collaboration with the meme coin BEFE where investors stake BRISE and earn BEFE rewards, also strengthen its position in the market. Currently trading at $0.0000001816 (April 20th, 2024), Bitgert has seen an amazing 8.42% price increase in the past 24 hours. This is not it as experts are still predicting continued growth.
Halving’s Impact on Bitgert
History suggests a positive correlation between Bitcoin halving and price surges of altcoins with growth potential. Before the first halving, Bitcoin traded around $12. In the buildup to the next halving, its price skyrocketed to $1200 – a 10,000% increase. This trend has repeated time and again. In addition to this, the altcoin market also sees simultaneous growth.
Halving events also spark renewed investor interest in the crypto space. With its impressive features and strong fundamentals, Bitgert is well-positioned to benefit from the upcoming halving.
As mentioned currently, Bitgert is currently being traded at $0.0000001816. Many are expecting the altcoin to grow by more than 200% post-halving. This in itself is a piece of massive news for anyone interested in putting their bet on Bitgert.
Conclusion
So, based on historical data and Bitgert’s brilliant set of offerings, the 4th Bitcoin halving could significantly increase the value of altcoins like Bitgert. However, as with any investment, always conduct thorough research before making a decision.
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