The crypto market rally has finally kicked in, with Bitcoin touching $64K after Fed rate cuts and massive ETF inflows. The investor sentiment is positive and Fear and Greed index is finally seeing the pointer move towards greed.
At this juncture, it would be interesting to see how the altcoins perform in response to Bitcoin’s turn of fortunes. If you are an investor seeking to diversify your portfolio and cannot make up your mind, here is a comparison of three coins: Ethereum, Cardano, and Bitgert.
Let’s see why Cardano and Ethereum are great coins, but Bitgert scales over Ethereum and Cardano as a better Coin.
Ethereum
There’s no doubt that Ethereum is the oldest altcoin, and Ethereum has given good returns in the past. But Ethereum has seen massive dips lately. From a local high of $3,800, Ethereum has slipped to $2,400 despite the approval of the Ethereum ETF.
Ethereum has seen the Dencun upgrade which promised to lower Ethereum gas fees but Ethereum users are still facing traffic and high gas fees issues. Ethereum is mostly dependent on its L2s and L3s for transactions.
Cardano
Cardano is also an L1 chain. Cardano is known for its Ouroboros consensus mechanism. Cardano’s consensus mechanism is a refined version of the Proof of Stake mechanism. Cardano is the child of Ethereum’s co-founder, Charles Hoskinson. Cardano has a wide user base and an extensive roadmap. But Cardano has failed to make the necessary impact.
Cardano performed exceedingly well in the Q4 of 2023, but since March, Cardano has lost 66% of its gain. Caradon has started recovering, but Cardano has yet to see a full revival. Cardano whales seem to be disinterested in Cardano, which is one of the major reasons for Cardano’s lacklustre performance.
Bitgert
Bitgert is a relatively new L1 chain based on the Proof of Authority consensus mechanism. Bitgert has comparatively great speed and low cost compared to Ethereum and Cardano.
Bitgert has a speed of 100K TPS. Bitgert has a transaction cost of $0.0000001 making Bitgert superior to most of the present L1 chains. Bitgert has native capabilities such as CEX, DEX, payment gateway, and RWA marketplace.
Bitgert has also partnered with hundreds of protocols to expand the applications of the Bitgert ecosystem. $BRISE is the native token of the Bitgert ecosystem. Bitgert Coin performed exceedingly well in March, securing 170% gains. Bitgert had a dull Q2 but Bitgert has started looking up already. Bitgert is up 6% in the past week and Bitgert’s technical indicators point to a pleasant Q4.
Bitgert is a superior token over Cardano and Ethereum and has great future potential. Bitgert’s community initiatives mark it over other L1s and its super track record in terms of investor ROI make Bitgert a great candidate.
To know more about Bitgert, visit https://bitgert.com.
Get your own $BRISE today at Bitget, Gate.io, and KuCoin!
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