Ethereum Remain Bearish, Whilst Bitgert Remain Stable

Bitgert is a blockchain project that is attracting investors when Ethereum is under selling pressure

Key Points:

  • Ethereum Continues to trade below 2k for the third day
  • Bitgert remains strong in bear market to maintain stable price

Ethereum has been trading below 2k today for the third-day row. This is now almost two weeks since Ethereum traded above $2,200. That’s how bearish Ethereum has been. It is important to mention that Ethereum has also been bearish for the past 30 days, where the coin has declined by 30%.

A look at the charts also shows that Ethereum has also been plummeting from the ATH, which was reached in the first week of November 2021. According to the Coinmarketcap data, Ethereum has declined 59% from its current ATH at this writing. Therefore, Ethereum has been bearish for the past 6 months.

Will Ethereum continue plummeting? Well, a number of factors might make the coin plunge even further. One of them is the bear market, which is the biggest reason why Ethereum has been plunging. But the competitiveness of the Ethereum project in the market is another reason why Ethereum might remain bearish.

There are projects like the Bitgert (BRISE) that have been proving superior to Ethereum in terms of chain performance. These projects are proving a force to reckon with and are some of the reasons why the likes of Ethereum are experiencing a decline.

Bitgert is expected to remain stable during this bearish market because of the strength of the project the Bitgert team is developing. Bitgert is a super attractive blockchain project that is attracting investors when Ethereum is under massive selling pressure. That’s why Bitgert is among the coins projected to maintain a very stable price during the bear market and skyrocket immediately after the crypto market gets a breather.

Among the key factors driving Bitgert’s solid performance in the bearish market is the ongoing mass adoption of the Bitgert BRC20 blockchain. The BRC20 blockchain is today the fastest blockchain after reaching 100k TPS and its gas fee is the lowest, which is $0.0000000000001 for every transaction. Bitgert BRC20 blockchain is far better than Ethereum blockchain, and it is also an EVM chain.

The upcoming Bitgert roadmap V2 developments, including the huge number of DeFi, NFT and Web3 projects, are expected to keep the Bitgert project stable. Crypto investors are also banking on the mass adoption of the Bitgert backed projects, which are launching every week, to keep the BRISE stable.

The bottom line is that Bitgert will remain stable while Ethereum will be bearish. Bitgert’s massive developments and BRC20 mass adoption will continue to cushion it from plummeting.

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