ETHEREUM STRUGGLE TO CATCH MOMENTUM AND BITGERT MAKES GOOD PROGRESSby Market Trends
WEthereum might start catching some momentum soon, but Bitgert will remain a bullish coin
Ethereum merge this august, and more upgrades are expected to give the Ethereum project some momentum
Bitgert roadmap V2 projects and the hundreds of the projects the team is adding to the ecosystem are attracting a lot of attention
The Ethereum project has been struggling to make significant growth. The Ethereum coin has been plunging, with the past 30 days posting a 33% decline as of this writing. The bearish market has been one of the reasons why Ethereum has been plummeting. In fact, all the bear markets have left the Ethereum price hitting lower lows.
Ethereum is also struggling with a high gas fee and low scalability. In fact, the high gas fee has been blamed on the growing Ethereum selling pressure and the dropping transaction volume. That’s why the Ethereum coin has been doing badly lately. Ethereum has also been struggling to catch momentum because of these challenges.
However, Ethereum might start catching some momentum because of the massive upgrades going on. Ethereum upgrades in the second phase which is introducing the PoS and the sharding chain. The most awaited Ethereum merge august date was confirmed by Vitalik Buterin.
The merging is all about combining the old Ethereum chain (ETH) with the Beacon Chain (ETH2), where the two chains will become a singly unified chain. Therefore, the Ethereum price is expected to start growing rapidly as the adoption of the Ethereum chain grows after the merge.
Bitgert (BRISE) has been making good progress when the likes of Ethereum are struggling. In fact, Bitgert is among crypto coins that experienced less pressure during the bear market. The Bitgert price has been bullish while Ethereum has been declining. The massive developments within a very short time have been the most attractive factors.
The massive adoption of the Bitgert BRC20 blockchain is among the reason Bitgert is doing well. The Bitgert team has also been launching Bitgert Startup Studio projects, which are growing Bitgert coin adoption. However, the Bitgert roadmap V2 is attracting a lot of attention.
The multiple products from the Bitgert roadmap V2, including Paybrise, Bitgert CEX, Web3 Oracle, and the Bitgert NFT marketplace. There are also over 1000 Bitgert backed projects coming up in the next one year. These products and projects are expected to grow Bitgert adoption and keep the Bitgert coin bullish.
Therefore, Ethereum might start catching some momentum soon, but Bitgert will remain a bullish coin. This is because of the massive Bitgert developments that are coming up this year.
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