Ethereum

Burn

when

Bitgert

Coin

<p>There’s one rule in crypto when it comes to tokenomics – the more you burn, the pricier it gets. Coin price fundamentals function on demand-supply ergonomics. Higher demand against limited supply pushes the prices of tokens up and vice versa.&nbsp;</p>
<p>For instance, <a href="http://thenewscrypto.com/news/ethereum-news/" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a> has consistently gained value as more tokens get burned. Its supply is deflationary, hence the price jump. Bitgert token (BRISE) had an update in January 2024, which caused a significant reduction in its circulating supply.&nbsp;</p>
<p>Experts predict the new update will be a catalyst in pushing Bitgert’s prices up by 20000% and help it reach the formidable price target of $0.00001!&nbsp;</p>
<p>Let’s get into the nitty-gritty of it.&nbsp;</p>
<h2 class="wp-block-heading" id="h-permanent-lock-token-burn-mechanism">Permanent lock token burn mechanism</h2>
<p>As per the new update, 12% of the Bitgert tokens from each transfer get locked under a smart contract permanently. These tokens are permanently removed from the circulating supply. The last few days have seen the successful implementation of the burn mechanism.&nbsp;</p>
<p>A total of 134 billion <a href="https://bitgert.com/?utm_source=rich1&amp;utm_medium=rich1&amp;utm_campaign=rich1" target="_blank" rel="noopener noreferrer nofollow">Bitgert</a> tokens have been successfully removed from circulation. This development has made the Bitgert token highly deflationary, opening up the potential for a 2000% pump for the Bitgert token.&nbsp;</p>
<p>The Bitgert update happened after tax fees were eliminated on its Binance Smart Chain (BSC) decentralized exchange (DEX) trading.</p>
<h2 class="wp-block-heading" id="h-what-will-be-the-impact-of-the-new-burn-update-on-bitgert-s-price">What will be the impact of the new burn update on Bitgert’s price?</h2>
<p>Bitgert’s burn mechanism has pushed Bitgert’s price to surge by 12.5% in the last 24 hours and by 76% in a month post the burn mechanism. The returns have outpaced the market returns so far.&nbsp;</p>
<p>The burn mechanism will continue to trim down Bitgert token’s supply, With Bitgert’s supply fixed at 1 quadrillion BRISE, the token will continue witnessing price rise as the ecosystem gathers greater adoption.&nbsp;</p>
<p>Experts predict the altcoin market will witness a huge pump as Bitcoin reaches its ATH. The Bitgert token, led by market momentum and Bitgert’s burn increase, is set to witness a massive price surge to $0.0001!</p>
<h2 class="wp-block-heading" id="h-about-bitgert">About Bitgert</h2>
<p><a href="https://bitgert.com/?utm_source=rich1&amp;utm_medium=rich1&amp;utm_campaign=rich1" target="_blank" rel="noopener noreferrer nofollow">Bitgert</a> is a powerful layer-1 blockchain that offers optimum scalability and security at negligible fees. It is one of the fastest blockchains, with a speed of 100K TPS. Bitgert hosts a CEX that allows users to trade at zero fees, a P2P exchange, and a payment gateway. It presents a suite of tools and products to help developers build their NFT, <a href="http://thenewscrypto.com/tag/defi/" target="_blank" rel="noopener noreferrer nofollow">DeFi</a>, gaming, and metaverse protocols over the Bitgert chain.&nbsp;</p>
<p>Bitgert holds extreme potential for a price surge in the coming months as the bull market strengthens. Led by its burn mechanism, robust tokenomics, and top-notch transaction execution speeds, you might be in for a bounty.&nbsp;</p>
<ul>
 <li>To know more about Bitgert, Visit <a href="https://bitgert.com/?utm_source=rich1&amp;utm_medium=rich1&amp;utm_campaign=rich1" target="_blank" rel="noopener noreferrer nofollow">bitgert.com</a></li>
</ul>
<p><strong>Disclaimer</strong>: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.</p>

Analyzing Bitgert’s Coin Burn Increase: Anticipating a Striking 20000% Price Surge to $0.0001

Table of Contents

TheNewsCrypto

Other articles published on Mar 5, 2024

BREAKING! Court Announced Its Decision, LUNC Price Rising!

DeFiChain (DFI) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Corporate Investors Take Major Step in Decentralized Finance with Tokenized AVAX Credit

Binance Elevates Memecoin Buzz with Dogwifhat (WIF) Listing

OKB (OKB) Price Prediction 2025, 2026-2030

Ripple and Arbitrum Seal Top Partnership Deals As Investors Rush To NuggetRush

Join our free newsletter for daily crypto updates!