Despite good market conditions, Degen Coin has not been on its best price performance recently, decreasing by 0.5% in the last 24 hours. Its market capitalization also went down at a similar rate to its price. Despite being new, it has struggled to hit a good rise, keeping investors in doubt about its potential.
Bitgert has proven to be a safer and better option for investors seeking to maximize profit. Bitgert has shown better progress than Degen in terms of price growth, trading volume, and market capitalization.
This article reviews factors behind Degen Coin’s stagnated price and why traders opt for Bitgert.
Reasons for Degen Coin Stagnated Growth.
Degen Coin is a layer 3 project launched in the last 6 months. As a new project, many crypto enthusiasts had high expectations but Degen Coin has struggled to reach them. Although Degen Coin provides earning opportunities via staking, grants for developers, and a low gas fee, it heavily relies on community support and engagement. This has turned out to be a limiting factor. Degen Coin lacks the utilities to sustain this community support and has struggled in price performance.
Degen Coin has found it challenging to control its volatility because it lacks a properly structured ecosystem. Some investors also doubt its security as it is yet to be thoroughly tested. The doubt amongst investors is because Degen Coin is a new project. Degen Coin relies on Coinbase Base for its protection. It also struggles with growth due to its low listings.
Degen Coin is currently available on Gate. However, investors have been unable to access it on other exchanges, affecting investors’ awareness of Degen Coin’s existence and hindering proper growth. Degen Coin’s inconsistency leaves investors in doubt. Its temporary outage for 48 hours in complete block validation was a discouraging factor for investors who believed in its potential.
Why Investors Are Opting For Bitgert?
Bitgert clears the uncertainty created by Degen Coin. Unlike Degen Coin, which heavily relies on community and engagement, Bitgert relies more on utilities and services that keep growing its community.
Bitgert allows devs to create memecoin projects on the Brise chain and rewards them for growth. Bitgert also offers earning opportunities as returns can be made when you stake. Regarding security, Bitgert has gotten stronger with AI Auditing, which covers every possible loophole.
Bitgert is also a more scalable option than Degen Coin, providing a speed of up to 100K TPS, which is unmatched by Degen Coin and most other crypto projects.
Bitgert’s recent partnership with Bachi Swap and BXNK has created excitement in its community, which is expected to trigger more growth. These offerings of Bitgert’s give investors assurance and rest of mind about positive things to come soon.
Conclusion
Investors focus on the best investment available, so many have opted for Bitgert rather than Degen Coin. Bitgert is a better option based on its utilities and track record.
Grab your own $BRISE token at Bitget, Gate.io, PancakeSwap, MEXC, and KuCoin!
Step 1: Register on the exchange
Step 2: Choose a payment method
Step 3: Buy $BRISE
Buy $BRISE on Bitgert website today. Visit bitgert.com.
