The global cryptocurrency market reacted positively to the Federal Reserve's recent announcement of interest rate cuts. Since lower interest rates have a positive impact on the market, investors engaged in a Bitcoin buying spree. As a result, Bitcoin has touched the $64k mark for the first time this month.Â
Plenty of advancements are happening in the cryptocurrency market, many of which are projected to have a favorable impact. There is a high expectation that Bitgert, PeiPei, and Altlayer will give enormous returns in the upcoming bull run.Â
After registering 170% gains in Q1, Bitgertâs $BRISE coin is expected to rise further in the coming weeks. Bitgertâs $BRISE coin is well positioned to experience maximum gain in Q4.Â
Let's analyze and see if Bitgertâs $BRISE coin, PeiPei, and Altlayer will See Triple-Digit Gains in 2024.Â
Bitgert, PeiPei, and Altlayer analysis for 2024
Bitgert: The Blockchain PowerhouseÂ
Bitgertâs $BRISE coin is based on a powerful proof-of-authority consensus mechanism to build its blockchain. Initially launched as a BRC-20 token, it rebranded into Bitgertâs $BRISE coin, delivering more than four products within 200 days of its launch. The native capabilities include DEX, CEX, P2P market exchange, a payment gateway PayBRISE, etc. Compared to PeiPei and Altlayer, Bitgert is ahead in technological advancements, offering zero gas fees and deflationary tokenomics to reduce the supply.Â
PeiPei: The meme tokenÂ
PeiPei is another coin that is generating buzz in the cryptocurrency market due to its large meme coin community. The PeiPei coin is community-driven and largely depends on meme-driven stories or speculative trading. With no robust fundamentals and no ecosystem like Bitgert and Altlayer, PeiPei relies on the Ethereum blockchain. With a market cap of just $5.3B and no fundamental backing, PeiPei lacks long-term vision and poses high risks to its investors.
Altlayer: A new layer-2 hope
As the heading suggests, Altlayer is an upcoming Layer-2 scaling mechanism designed to improve the scalability of significant blockchains like Ethereum. On July 25, Altlayer unlocked its 42% circulating supply, taking the total supply to 2.2B ALT. On well-known networks, Layer-2 solutions are essential for decreasing costs and congestion, and Altlayer offers a distinctive solution with its modular architecture, unlike PeiPei.
While Altlayerâs technical innovation is impressive, Bitgertâs $BRISE coin still leads in technological advancements. Altlayerâs future depends on strategic partnerships. Still, compared to Bitgert's success track record, Altlayer is relatively unproven, much like PeiPei.Â
ConclusionÂ
Comparing the three, Bitgertâs $BRISE, Altlayer, and PeiPei, Bitgert is more likely to witness Triple-Digit Gains in 2024. With great fundamentals, increasing strategic partnerships, and technological advancements, Bitgert leads the pack and leaves behind the likes of Altayer and PeiPei.Â
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