As the year 2024 comes to a close, several investors are looking through their portfolios to make the right profitable decision. Two projects that potentially offer these profits are Bitgert and Degen Coin. However, which project gives a better shot at making a good investment?
In this article, we will discuss and compare Bitgert and Degen Coin, their tokens, partnerships, and price dynamics.
Bitgert: Deflationary Token and its Partnerships.
What makes Bitgert’s token unique is its deflationary nature – it gets burned with every transaction the $BRISE token is involved in. Utilizing both buyback and burn strategies, the project minimizes its token supply, and this can lead to a rise in its value over time. For long-term investors, such a deflationary model is beneficial, since fewer tokens in circulation would increase its price.
The $BRISE token is also fully cross-chain integrated as a governance token, running on Brise Chain and both Binance Smart Chain and Ethereum. Such freedom ensures that Bitgert is usable in various dApps since traders can easily transfer the token.
One advantage the $BRISE project has over its counterparts is its partnership. One of which is the MOW partnership. This is a project that allows the project to sync with Telegram. These would bring more credibility to Bitgert’s ecosystem, thus increasing the value of the $BRISE token. Overall, the Bitgert price has remained relatively stable, though it has the prospect of further increase as additional partnerships are established.
Bitgert also keeps its active community engaged through Startup; Studio grants, hackathon, and video contests. These campaigns bring in a pool of cash prizes for those who win.
Degen Coin: Community-Driven with High Volatility
Degen Coin started as a meme but has gained adoption through the Degen Coin community. The Degen coin was acquired through airdrops on Farcaster, and the its has a loyal fan base. However, the Degen Coin token’s value has fluctuated between $ 0.00512 after reaching a high of $0.06454 in the first half of this year.
The main value of Degen Coin is in the community, with 70% of the total circulation. In addition, The Degen Coin does not have other technical characteristics, such as the integration of multiple chains or its own blockchain. This makes Degen Coin more of a gamble compared to a stable store of value, and its value depends solely on the community’s opinion.
Bitgert vs. Degen Coin: Which is the Better Investment?
In the long run, the Bitgert $BRISE token still has more chances to increase its value and form partnerships, unlike the Degen coin. Degen Coin is quite popular but not as technically valuable or sustainable as Bitgert which has more technical backing. Thus, this makes Bitgert the better project for investment.
Buy $BRISE on Bitgert website today. Visit https://bitgert.com