Ethereum Compatible Blockchain Launched By Bitgert – Price Skyrocket By 30%




by Analytics Insight

February 11, 2022

Bitgert has just launched its own blockchain. This is big news for the Bitgert community and the crypto community at large because of the nature of this blockchain. As the team had promised, this is a gasless blockchain, and this means a lot to crypto users struggling with the costly gas fee. Immediately the team announced the completion of the mainnet development, Bitgert coin price has skyrocketed by 30%. Here is more about the Ethereum compatible blockchain and the cryptocurrencies it is competing with:

Bitgert

About the Bitgert blockchain, the team has delivered as promised. The blockchain will be the cheapest and one of the fastest in the market. To make the Bitgert blockchain the cheapest, the cost of transaction is 0.00002, an equivalent of $0.0000000000001, which is near zero. According to the team, the transaction speed of the Bitgert blockchain is 100,000 TPS, which is high than the Solana network. The Bitgert team has also confirmed that both the testnet and the mainnet beta version with smart contracts will be going live on 15th February 2022. Visit the Bitgert official Twitter Account for more about this blockchain.

Centcex

The Centcex team has recently announced that the project is also going to include a blockchain. This means Centcex is going to compete with Bitgert, which has already launched its own blockchain. But there is more than the Centcex team is doing to develop products for its ecosystem. From the whitepaper, the development team will be developing an unlimited number of cryptocurrency-related products. Currently, the Centcex crypto exchange, a centralized exchange, is in the development stages.

Shiba Inu

The Shiba Inu is another crypto project that will be getting tough competition from Bitgert. It is one of the big cryptocurrencies that do not own blockchains. This means there are likely to be more Shiba community members that will be joining Bitgert. In addition to the recently launched blockchain, the Shiba Inu team has also been slow in developing products. ShibaSwap is one of the products the team has launched successfully. However, the metaverse product, Shiberse, is one of the big products coming up.

Bitcoin

For the last few days, Bitcoin has been posting a rapid rise in price. It has been one of the biggest gainers during the recent bull market, where the price pushed above the $40k mark. BTC is also one of the few cryptocurrencies that have its own blockchains. But Bitcoin blockchain might not compete with Bitgert because of the speed and the gas fee. These are some of the areas that Bitgert will beat Bitcoin. However, Bitcoin is still the largest cryptocurrency in the market.

Ethereum

The one thing that has made Ethereum blockchain stand is being the first project that introduced smart contracts. But Ethereum network has also been facing serious issues speed, security, and decentralization. The costly gas fee has also been an issue. Ethereum is currently running one of the biggest protocol upgrades in years that will make this blockchain more efficient by addressing all the mentioned problems. However, the issue of gas fees might not be addressed by Ethereum as Bitgert has done.

Dogecoin

With the many years that Dogecoin has been around, the team has not developed its own blockchain. This is one of the biggest commercial advantages that Bitgert has over Dogecoin. However, Dogecoin has been growing the adoption of the coin, with a huge number of merchants now accepting DOGE for payments. But the move by Tesla to accept Dogecoin for all its merchandise has made the cryptocurrency more popular. This is still one of the biggest crypto coins of 2022 that crypto investors need to consider.

Binance coin

The other cryptocurrency worth looking at is the Binance coin. A huge number of crypto enthusiasts believe that BNB is going to increase by over 100% of the current value. At the time of this writing, BNB was trading at $417. This prediction might be right because of the expected growth in the coin in 2022. With the demand for the Binance Smart Chain and the Binance exchange, it is expected that the Binance coin will start the bull run in 2022.

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Analytics Insight



Analytics Insight is an influential platform dedicated to insights, trends, and opinions from the world of data-driven technologies. It monitors developments, recognition, and achievements made by Artificial Intelligence, Big Data and Analytics companies across the globe.

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