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Cryptocurrency News Articles

Bitgert Soars Post-Halving: Promising Cryptocurrency Emerges as Market Leader

Apr 22, 2024 at 05:15 pm

Following the recent end of the quadrennial halving, the overall market has witnessed a surge in activity. The market cap has climbed to approximately $2.4 trillion, driven by a recovery in engineering, DeFi, AI, and GameFI projects. Notably, Bitgert has experienced a significant rally, leading analysts to predict its potential as the next major cryptocurrency post-halving, with projections of a 4000% upswing before Q2's end.

Bitgert Soars Post-Halving: Promising Cryptocurrency Emerges as Market Leader

Post-Halving Market Resurgence: Bitgert Emerges as a Promising Cryptocurrency

Following the recent halving event in the cryptocurrency industry, the overall market has witnessed a resurgence, with a substantial increase in market capitalization. According to data from Coinmarketcap, the aggregate market cap has climbed to approximately $2.4 trillion, marking a 3.34% rise over the past 24 hours. A plethora of projects across engineering, DeFi, AI, and GameFI have experienced a positive surge in their valuations.

Amidst this market recovery, Bitgert, an engineering-focused project, has garnered significant attention with its exceptional performance. Analysts have hailed Bitgert as a potential front-runner in the post-halving market landscape. Projections indicate that Bitgert could become one of the most lucrative cryptocurrency projects by 2024, leading the charge in the market's resurgence.

Current Market Landscape

Since surpassing the $64,000 resistance level on Sunday, Bitcoin has exhibited a sideways movement, consolidating between $64,000 and $66,000. Despite the halving event, which historically triggers upward price movements, Bitcoin has yet to break through the $100,000 threshold. The RSI indicator reveals a gradual increase in reading, suggesting a gradual build-up of bullish momentum.

Ethereum, the second-largest cryptocurrency, has witnessed a substantial outflow of tokens from exchanges in the past two days, with 143,000 ETH withdrawn by market participants. This reluctance to sell indicates a potential long-term upswing for Ethereum. Other altcoins, including Bitgert, have also experienced an intraday surge, fueling speculation about their future price trajectory.

Bitgert: A Market Phenomenon

Bitgert, an engineering-oriented project, has defied expectations and emerged as a market phenomenon. The project's unique selling point lies in its utilization of the Proof-of-Authority (PoA) consensus mechanism, which enables Bitgert to process transactions at lightning-fast speeds, reaching up to 100,000 transactions per second (TPS). This superior technology also allows Bitgert to charge virtually zero fees on its blockchain.

The aforementioned features have driven widespread adoption of Bitgert, resulting in a significant accumulation of the cryptocurrency in the market. Bitgert offers a comprehensive suite of additional products and tools, such as Bitgert StartupStudio, Bitgert Exchange, the Influencer Grant Program, and Bitgert Chain, further contributing to its adoption.

Furthermore, technical indicators, including the RSI signal, suggest a bullish outlook for Bitgert in the long run. Experts predict that Bitgert is not only poised to become a major player post-halving but also anticipates a substantial upswing of up to 4000% by the end of the second quarter of 2023.

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