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Blockchain Reporter

03/23/2024

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As Solana and Cardano Prices Dip, Bitgert Coin's Potential for Price Explosion Takes Center Stage

It has been waves of bearish actions for Solana and Cardano recently, with the two top altcoins recording price dips. Conversely, a new cryptocurrency displays massive potential for explosive price...

As Solana and Cardano Prices Dip, Bitgert Coin's Potential for Price Explosion Takes Center Stage

It has been waves of bearish actions for Solana and Cardano recently, with the two top altcoins recording price dips. Conversely, a new cryptocurrency displays massive potential for explosive price performance. This crypto now takes center stage, and experts even tip it to unseat Cardano, Solana, and other top cryptocurrencies.

Despite Solana and Cardano being top projects with outstanding price-performance histories, Bitgert, without this leverage, is outperforming them. This crypto is set to unseat Cardano, Solana, and other top coins and win over their investors with impressive price performances

Setting Cardano and Solana’s pedigree in scalability and smart contract execution aside, network congestion and high gas fees still pose difficulties for Cardano and Solana’s mass adoption. With such obstacles limiting the growth of mainstream adoption rate for the cryptos, Cardano and Solana investors, like other crypto users, are searching for fast, efficient and affordable alternatives.

This is where Bitgert comes in with a BRC20 blockchain using the Proof-of-Authority consensus mechanism. This blockchain and its cryoto boast the fastest transaction processing time of about 100k TPS, outperforming Solana, Cardano, and Ethereum. That is in addition to the near-to-zero transaction costs it offers.

This new crypto is a step ahead of Solana and Cardano, delivering scalability at almost zero cost. Understandably, it earned the attention and bullish momentum it is gaining, with more to come. 

Solana

Solana used to be the first option for anyone seeking a blockchain for meme coin speculation. However, Solana now struggles with a high rate of failed transactions and other bearish activities. Dune dashboard reports how Solana could not complete over 70% of non-voting Solana transactions since February 22, 2024. These non-voting transactions are transactions carried out by regular Solana users transferring across smart contracts or accounts. 

Combining this inefficiency with the latest price dip, Solana (SOL) whale investors, like Cardano traders, must now check out other options like Bitgert. These Solana whales have a reputation for choosing the right project for their massive holdings and their impact on the price performance of such crypto. These Solana investors’ choice of Bitgert coin affirms its potential to deliver incredible returns soon.

Cardano

Cardano, on Wednesday, experienced a significant price dip, dropping to $0.56. This level is Cardano’s lowest price since mid-February. Following this fall, various Cardano traders are switching their Cardano (ADA) holdings for Bitgert for fear of a further decline. 

Santiment points at Cardano traders losing $20.09 million on Tuesday and a further $785,000 24 hours later as a major reason for Cardano holders’ move. To Cardano investors, this is their cue alongside the recent Cardano price dip to avoid more declines ahead. Hence, these Cardano holders are buying the bullish Bitgert en masse. 

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