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Cryptocurrency News Articles
Bitgert (BRISE) vs SushiSwap (SUSHI): Which DEX Will Dominate the Market in Q4 of 2024?
Sep 30, 2024 at 08:14 pm
SushiSwap (SUSHI) is a decentralized finance (DeFi) project that boasts an automated market maker feature. SushiSwap was launched as a fork of Uniswap in 2020
SushiSwap (SUSHI) is a decentralized finance (DeFi) protocol that features an automated market maker (AMM) function. Launched in 2020 as a fork of Uniswap, SushiSwap aims to enhance the AMM market by offering greater benefits to liquidity providers through its native SUSHI token.
However, market experts foresee challenges for SushiSwap in the upcoming market scenario, largely due to the presence of Bitgert. Ahead of a major announcement expected next month, Bitgert is reportedly attracting a strong investor following, which is likely to impact SushiSwap’s price predictions.
Here's a closer look at Bitgert and SushiSwap's fundamentals to assess their potential in Q4 2024:
Bitgert’s Native Blockchain vs. SushiSwap’s Forked Model
A decentralized exchange (DEX), SushiSwap is forked from Uniswap, whereas Bitgert boasts its own native blockchain, known as the Brise Chain. Bitgert offers high speeds of 100,000 TPS and ultra-low fees, facilitating efficient transactions for developers and users. In contrast, SushiSwap still relies on the Ethereum network, which can experience congestion and high gas fees. Hence, SushiSwap may face disadvantages compared to Bitgert's faster and more economical infrastructure.
Upcoming Major Announcement in Bitgert Attracts Investors
Currently, investors are shifting their focus away from SushiSwap with the news of a major announcement by Bitgert reaching crypto investors. While the details of the announcement are yet to be disclosed, experts anticipate positive developments for Bitgert. The $BRISE prices have already shown an uptick, with a 4% increase over the last seven days.
Comparing the Ecosystems: Bitgert vs SushiSwap
SushiSwap's strengths lie in its decentralized exchange and liquidity rewards, but its ecosystem is limited compared to Bitgert. Products like Bitgert.exchange and PayBrise, along with initiatives like the Bitgert Startup Studio, showcase a wide range of blockchain services that extend beyond SushiSwap's ecosystem. Bitgert offers broader utility, making it more versatile than SushiSwap, whose primary focus is on DeFi trading.
Conclusion
With Bitgert set to announce something major in the upcoming market scenario, SushiSwap's price predictions are impacted. Boasting higher speeds, lower fees, and a growing network, Bitgert is emerging as a strong competitor to SushiSwap. The added hype for Bitgert could propel it to a major price rally, posing challenges for SushiSwap to match the momentum.
Acquire your $BRISE tokens on Bitget, Gate.io, PancakeSwap, MEXC, and KuCoin!
Disclaimer: This is a paid press release. Please pursue due diligence before engaging in any cryptocurrency purchases or undertaking any investment.
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