The past days have not been good for Safemoon as the SFM coin value has dropped by a 25%, making it one of the biggest losers in the market. During the same period, Bitgert has been skyrocketing, recording an impressive increase +110%. The performance of the Bitgert coin has been driven by the recently launched zero gas fee Bitgert blockchain. Here is more about these cryptocurrencies and their performances.
Bitgert
The Bitgert price skyrocketing during a bearish market was one of the biggest talks in the crypto market. The Bitgert coin has been green when most of its competitors, like Safemoon, were deep in the red. The zero gas fee Brise chain is one of the reasons why Bitgert prices are skyrocketing. The Bitgert gasless chain has been a game-changer since it has addressed the issue of costly gas, which has been one of the biggest problems in cryptocurrency technology. The Brise chain gas cost is $0.0000000000001.
The Bitgert blockchain has also addressed the blockchain scaling problem by pushing its TPS to 100k. This makes it the fastest chain in the industry today, since it is faster than Solana. The Bitgert team is also developing more exciting products and programs for the chain including the ongoing Startup Studio. These are some of the biggest factors driving the skyrocketing price of the Bitgert coin. With the increasing number of products on the Brise chain, Bitgert is projected to keep skyrocketing.
Centcex
The fast-growing Centcex token price is a sign that more and more crypto investors are buying this project. The Centcex marketcap has also been growing fast, and for a 3-month-old project, this is definitely one of the crypto projects doing very well in 2022. There are a number of things making Centcex stand out, and one of them is the huge number of blockchain products the team is building.
With the unlimited number of Centcex products and the 100% staking revenue, this crypto project promises investors a huge passive income. That’s why Centcex has been stable, as more crypto investors were buying the token during the bearish market. We expect the project to start skyrocketing immediately after the Centcex exchange is launched.
Safemoon
The Safemoon coin dropping 25% was not expected as the coin has been doing very well. But the increasing demand from the fast-growing and delivering projects like Bitgert has made Safemoon less attractive. Bitgert, one of the toughest Safemoon competitors, has just launched a zero gas fee blockchain, a move that has made other competing coins lose traction.
But the ongoing Safemoon class action suit is one of the factors that could have played a role in the massive SFM price drop. The lawsuit by investors suing Safemoon and celebrities for luring them into the project with misleading promotion. The accusation also includes Safemoon failure to deliver its roadmap and ‘slow rug pull’ by promoters, which has led them to losses. The lawsuit might damage the SFM image.
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