Despite the fact that crypto markets are down, the price of BRISE has increased by about 1,000%. This is why this new endeavor is causing such a stir.
The cryptocurrency industry as a whole has taken a back seat to global events, but that hasn’t stopped developers from creating.
Bitgert (BRISE), a crypto engineering organization that has set out to build a blockchain network capable of processing 100,000 transactions per second for little to no cost to the user, is one project that has recently begun to gain traction thanks to its focus on creating a high throughput, low-cost blockchain network.
According to data from multiple experts and platforms, the price of BRISE has risen 1,124 percent from a low of $0.000000157 on February 8 to a daily high of $0.00000184 on March 7, with a 1,050 percent increase in 24-hour trading volume.
The launch of the Bitgert Chain, the beta release of the Bitgert Exchange, and a series of new partnerships and exchange listings are three reasons behind BRISE’s recent surge in popularity.
The Bitgert Chain is now live.
The launch of the Bitgert Chain on February 14 was the most significant development in Bitgert in the last month.
📢 Bitgert Chain is LIVE!
— Bitgert – $BRISE (@bitgertbrise) February 15, 2022
The BRISE token is now available on the Bitgert Chain’s mainnet as well as the BNB Beacon Chain as a BEP20 token that can be bridged between the two networks, thanks to the Bitgert Chain’s introduction.
According to Bitgert, the Bitgert Chain follows the BRC20 standard and can process 100,000 transactions per second with a gas price of roughly $0.00000001 per transaction.
The Bitgert blockchain was built to serve a wide range of decentralized finance applications, nonfungible token initiatives, and Web3 protocols.
Bitgert Exchange is a cryptocurrency exchange.
The Bitgert Exchange beta version was introduced on March 6, which could be a bullish aspect for the project.
📢 Bitgert Exchange – Web version (BETA) is LIVE!@bitgertbrise
Note: Users might experience issues in trading and some other features, Please note this a Beta version, Currently we have only listed Top 5 coins to avoid any kind of losses. pic.twitter.com/shQOVji8G6
— BitGert_India (@BitGert_India) March 7, 2022
The Bitgert Exchange is the Bitgert Chain’s initial exchange protocol, and it currently supports trading for Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Dash (DASH), and Dogecoin (DOGE) (DOGE).
Bitgert Exchange will be the first crypto exchange to provide consumers a zero-trading-fee environment, according to documents on the protocol’s website.
Partnerships and listings on stock exchanges
A succession of protocol alliances and exchange listings have helped extend knowledge and access to the token, which has helped boost BRISE’s price.
BRISE has been listed on Gate.io, Coin98 Exchange, BitMart, Belon.io, Hoo.com, BitForex, and HotBit since the Bitgert Chain was launched in mid-February.
📢 We're thrilled to announce that Bitgert Startup Studio program has been launched!
Have your own digitalized share token on our network for your business or project using our BRC20 smart contract, and scale up your business or ideas.
— Bitgert – $BRISE (@bitgertbrise) February 20, 2022
Bitgert also announced new partnerships with Sphynx Labs, Omniaverse, 4D Twin Maps, and Innovative Plastics, as well as the Bitgert Startup Studio program, which is meant to assist entrepreneurs and businesses in raising financing to launch their ideas or businesses as a BRC20 smart contract.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.