The launch of the Bitcoin ETF has added a fresh $500 million to the crypto market. As interest in the broader cryptocurrency market increases, it is expected that more people will start investing in crypto again, drumming up further excitement in the community. We saw 1,500 Bitcoin wallets turn into millionaires a day during Bitcoin’s climb to $73,000.
Why has Bitcoin gained momentum and will other currencies follow?
Recent developments such as the rise in Bitcoin holdings in Blackrock’s portfolio, the largest asset management company, managing over $10 trillion send a clear message to the market showing that Bitcoin is here to stay and that the cryptocurrency space is more than just a trend. Analyzing historical data we have seen that every bull run has demonstrated a strong link between the upward movement of other cryptocurrency assets and the upward price action of Bitcoin. Interesting projects like Bitgert have been unstoppable during the month of March, stealing the limelight from other crypto projects as one of March 2024’s most trending cryptocurrencies.
What’s behind Bitgert’s win in March?
Bitgert has gone up 3x in less than a month, from $0.0000001462 in late February to a high of $0.0000004243 in March. With advantages such as gasless transactions and extremely fast transaction speeds, Bitgert has proven its worth and managed to create an argent following. Bitgert has an impressive TPS of 100,000, while popular networks like Solana have only 65,000. Also, Bitgert also offers interesting attractive features like decentralized marketplace and exchange and with its recent partnerships with OKX and airdrops there is real hype and excitement around it.
Where is Bitgert projected to go?
Bitgert has a very small market value of $131.69 million, even after its wild price jump in the month of March and crypto analysts consider it grossly undervalued. Some results are starting to appear as a result of the Bitgert team’s hard work. The organization is currently attempting to list Bitgert on major exchanges as an additional step. With the Bitcoin halving event approaching, Bitgert is expected to continue its upward trajectory, given its unstoppable triumph in March.
Bitgert’s performance in March made it known to the crypto community, and it is anticipated that other members of the community will take notice as well. But keep in mind that the cryptocurrency market is volatile, so if you want to make sizable gains, DYOR and HODL.
To know more about Bitgert, Visit https://bitgert.com
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