Solana (SOL), Avalanche (AVAX), Cardano (ADA) Price Tumble, Bitgert Made 1000% in Past 30 Days
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Solana (SOL), Avalanche (AVAX), Cardano (ADA) Price Tumble, Bitgert Made 1000% in Past 30 Days
Bitgert is emerging as the top cryptocurrency for profit-seeking investors this year
Solana (SOL), Avalanche (AVAX), and Cardano (ADA) prices have been tumbling over the past 30 days, with all these coins now in the red. Cardano and Solana have slipped more than 20% during this period, but Avalanche had a good resistance, but it is still in the red.
At the same time, Bitgert has been bullish during this period, where it increased by +1000% in the past 30 days. So what has been happening to these cryptocurrencies, and why the huge differences in growth? Read more below:
Bitgert
The charts show that Bitgert is among the top best performing cryptocurrencies in the market right now. When the likes of Solana, Avalanche, and Cardano were plummeting, Bitgert was skyrocketing and increased by over 1000%. The major difference between these cryptocurrencies is the development and the competitiveness of the products.
The launch of Bitgert’s own blockchain has been the biggest driver of the current growth. The Bitgert BRC20 blockchain is gasless in that the gas cost is $0.0000000000001 per transaction. This makes the BRC20 blockchain the first chain to fix the costly gas fees.
The Bitgert blockchain is now the fastest chain after beating Solana’s 65k TPS to hit an impressive 100k TPS. The upcoming Bitgert exchange launch is another thing attracting many investors. These are just some of the reasons Bitgert skyrocketed by 1000% in the past 30 days.
Centcex
Another project that did so well over the past 30 days is Centcex. This is one of the new projects doing quite well in the market. Although Centcex did not perform as big as the Bitgert coin, it is not among the coins that have dipped by a huge percentage.
Centcex maintained a very stable price for the bigger part of the 30 days, but the last few weeks have seen the price grow bullish. That’s why Centcex is today one of the cryptocurrencies that are doing very well in the market. Centcex is building the largest number of products on its ecosystem.
Solana
Many factors have been causing the Solana (SOL) price to tumble, and the crashing crypto market is one of them. The entire crypto market has been plummeting, and being one of the largest cryptocurrencies, Solana has been heavily affected. But there is also the issue of reducing Solana investments.
With the coming of more attractive crypto projects, like Bitgert, SOL, and many other cryptocurrencies have been losing traction. Bitgert BRC20 blockchain has 100k TPS, which makes it faster than Solana. With such a competition, the Solana team needs to make the chain better than Bitgert to attract projects.
Avalanche
The interesting fact about Avalanche (AVAX) is that it has outperformed most large cryptocurrencies for the past 30 days. Avalanche is one of the cryptocurrencies that have maintained a more stable price though still in the red. As of this writing, Avalanche has posted a 4.8% price in the past 30 days, which is a small drop compared to Solana and Cardano.
However, the biggest problem that Avalanche will have to solve is the Bitgert BRC20 blockchain competition. This chain might make AVAX less attractive due to its faster and cheaper gas. Therefore, the Bitgert chain might attract more developers than Avalanche.
Cardano
In the list of cryptocurrencies that have prices dropped a significant percentage is Cardano (ADA). Cardano is one of the top 10 largest cryptocurrencies by market value, but it has dipped over 20% in the past 30 days. Of course, the crashing market in 2022 is one of the biggest factors driving the Cardano price drop.
But there is also an increasing issue with more attractive crypto projects, some rivaling Cardano. The Bitgert BRC20 blockchain is just one of the biggest Cardano rivals right now. Bitgert has the fastest blockchain and also the cheapest gas. These features will make all other chains less attractive.
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