BRISE DeFi Token Soars 120% as Bitgert Offers Business DeFi Products

By Robert Drage March 09, 2022 In Crypto News, DeFi, Ethereum, Gas, Waves

As the overall crypto market continues to trend downward, the top-ranked cryptocurrencies have tumbled. Ethereum is one that has completely destabilised amid the current bear market, but as its price plummets another DeFi token has soared 120 percent – Bitgert (BRISE).

Bitgert has been doing well amid a tumultuous market, as is evident from its skyrocketing price and fast-growing market cap, fast approaching US$800 million, which has many wondering why this project in particular is doing so well.

Why is BRISE Soaring?

The short answer is the launch of the Bitgert BRC20 blockchain. As a zero gas fee blockchain, Bitgert is addressing current concerns regarding the network’s high gas fees – a problem Ethereum in particular deals with – and investors are excited by this. The gas fee associated with the Bitgert chain is only US$0.0000000000001. BRC20 has also overtaken Solana to become the fastest chain available after hitting an impressive 100,000 transactions per second (TPS), way faster than Solana’s 65,000 TPS.

These features ensure that Bitgert BRC20 is the most powerful chain in the crypto space as of now, and its anticipated mass adoption has prompted investors, including crypto whales, to buy more BRISE, which adds to its bullish trend. The team is bringing in hundreds of products and projects on the BRC20 blockchain to increase chain adoption. The Bitgert Startup Studio will also be the first program that will bring hundreds of projects to the ecosystem.

DeFi Does Well Amid Bearish Market

As the overall crypto market remains bearish, some DeFi projects seem to be beating the bear. Earlier in the week, Tornado Cash Token (TORN) surged 94 percent following protocol updates. WAVES saw similar surges when it shot up 120 percent in just a week following an announcement of a partnership with Allbridge, which will connect Waves with other popular blockchain networks.

Robert Drage

Robert Drage

Robert is a freelance researcher, with a background in information science currently interested in blockchain technology and technical developments in the field.

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