Bitgert price prediction: What’s next for BRISE in 2022?
Swift reversals have stunted price growth for the crypto project
Contents
Bitgert is a Binance-based project, which rebranded from BitRise in December 2021 after encountering some copyright issues. It claims to be a potential alternative to PancakeSwap, and offers staking of its bitgert (BRISE) cryptocurrency, with plans to implement a decentralised exchange (DEX) in the near future.
However, as you can read in greater depth in our guide, there are more than a handful of red flags surrounding Bitgert. Questions remain over its ownership structure, token utility and auditing procedures. It would advisable to read up on Bitgert’s fundamentals before proceeding with any investment.
Key details
Before going further into the bitgert coin price prediction, let us go over a few key facts and figures.
BRISE was launched in August 2021, with a maximum supply of one quadrillion. Current circulation is unclear: Bitgert’s own figures point to 428 trillion, but this is hard to determine independently.
The individual token value was effectively zero at launch, and BRISE is currently trading at $0.0000006197. But with such large circulating figures, Bitgert purports to have a market capitalisation of over $265.36m – although once again, these figures have not been quantified by CoinMarketCap.
The BRISE/USDT trading pair was recently listed on Gate.io and KuCoin. MEXC also offers the BRISE/USDT pair. The PancakeSwap DEX reported a recent 24-hour volume of $885,973.
According to CoinMarketCap, BRISE’s liquidity rating is 368/1000 and 286/1000 on Gate.io and KuCoin respectively. In contrast, a rating of over 700 is good, according to the site’s metrics. This should be kept in mind when considering your own BRISE price prediction.
From the Bitgert whitepaper
The Bitgert: DeFi Ecosystem Wallet Staking whitepaper was published in December 2021 and is nine pages long.
The whitepaper states: “Bitgert is a crypto engineering organisation focused on blockchain technology products and audit solutions, while our $BRISE token benefits investors through staking in BUSD rewards and our smart contract also has a buyback function which helps in the price growth of our token and makes it more scarce.”
The document goes on to say: “$BRISE token will be used as peer-to-peer (P2P) service for payment systems using our dApp wallet in the local currency with zero transaction fees, faster and secure transactions, whereby two individuals interact directly with each other, without intermediation by a third party.”
Bitgert’s Brise Chain claims to be able to process 100,000 transactions per second. When Bitgert’s blockchain launched, its claims of gasless transaction fees changed to “near-zero transaction fees”.
A screenshot shared by an early-stage investor showed evidence that Bitgert hired the third-party blockchain developer Vindax to create the Brise Chain.
Recent trading activity
Bitgert began witnessing observable trading activity in August 2021. A clear trend can be seen, with substantial price surges evident on 13 August, 31 October, 6 November, 12-14 November and 23 November 2021, and 4 January, 12 January and 13 February 2022.
Without fail, these price surges saw rejections in the following days, with selling pressure resulting in swift price reversals. Potential investors should decide for themselves whether this could be indicative of price manipulation.
In the most recent reversal, on 11 February 2022 the coin was trading at $0.0000002409. It then more than doubled to $0.0000005619 on 13 February, then lost over a third of its value, falling to $0.0000003048 within two days. BRISE jumped over 200% between 5 March and 7 March 2022.
BRISE continued to trade in an unpredictable manner throughout April, encountering large peaks and troughs. As of 6 June 2022, BRISE’s exchange value of $0.0000006175 was 62% below the 90-day high of $0.000001692 witnessed on 9 March.
Please note that this article is intended to provide plain and transparent information. It does not claim to offer genuine financial advice.
Forecasters’ predictions
Taking a quick look at the digital forecasters, at DigitalCoinPrice we can see a bitgert price prediction for 2022 of a maximum $0.000000799. This figure rises to $0.00000116 by 2025, representing an 80% upswing over this time period.
According to WalletInvestor’s BRISE price prediction, it will hit $0.000000897 over 12 months. The forecaster’s bitgert price prediction for 2025 is $0.00000175.
The bitgert price prediction for 2030 at DigitalCoinPrice is $0.00000286, representing a 367% upswing.
You should bear in mind that these predictions are generated automatically using algorithms and do not take into account external factors, including the potential for a rug pull. You should invest with caution.
FAQs
Is Bitgert a good investment?
There are numerous questions surrounding Bitgert. It is advisable to do further research before coming to your own bitgert price prediction. Our guide provides some starting points.
Will bitgert go up?
Bitgert (BRISE) has been seen to perform swift price reversals whenever the token increases in value. While all digital currencies have the potential to go up, they are equally susceptible to large losses.
Cryptocurrencies are highly volatile assets and past performance is never a guarantee of future results. Invest with caution.
Should I invest in bitgert?
This bitgert price prediction is intended as an informational resource, not financial guidance.
Any decision to invest should be based on your attitude to risk, your expertise in this market, the spread of your portfolio and how comfortable you feel about losing money. Never invest more than you can afford to lose, and bear in mind that past performance is no guarantee of future returns.
