BRISE Token Soars To New Heights After BitGert Chain’s Official Launch

The cryptocurrency ecosystem as a whole has taken a back seat to events in the larger world, but this isn’t stopping developers from building.

One project that has recently begun to gain popularity thanks to its focus on creating a high-throughput, low-cost blockchain network is Bitgert (BRISE), a crypto engineering organization that set out to build a blockchain network that could handle 100,000 transactions per second. can process. at little to no cost to the user.

Data from Coin-Crypto Markets Pro and CoinGekko shows that since the low of $0.0000000157 on Feb. 8, the price of BRISE has risen 1.124% to a daily high of $0.0000184 on March 7, while the 24-hour trading volume peaked at 1.050%.

BRISE/USD 3-hour chart. Source: CoinGecko

Three reasons for the burst of momentum for BRISE are the launch of the Bitgert Chain, the beta release of the Bitgert Exchange and a series of new partnerships and stock listings.

Bitgert Chain is launched

The most significant development to come out of Bitgert in the past month was the launch of the Bitgert Chain on February 14.

With the launch of the Bitgert Chain, the BRISE token is now available on its mainnet chain and on the BNB Beacon Chain as a BEP20 token that can be bridged between the two networks.

According to Bitgert, the Bitgert Chain works with a BRC20 standard and can reach a speed of 100,000 TPS with a gas fee averaging about $0.00000001 per transaction.

The Bitgert chain is designed to support a variety of decentralized financial applications, non-replaceable token projects, and Web3 protocols.

Bitgert Exchange

On March 6, the beta version of the Bitgert Exchange was launched and this could also be a bullish factor for the project.

The Bitgert Exchange is the first exchange protocol to be launched on the Bitgert Chain and currently supports trading Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Dash (DASH), and Dogecoin (DOGE).

According to documentation from the protocol’s website, Bitgert Exchange will be the first crypto exchange to provide users with a trading-fee-free environment.

Related: VC Roundup: Web3 Infrastructure Developers Attract Big Investors

Partnerships and Exchange Lists

A third factor that helped raise the price of BRISE is a series of protocol partnerships and exchange lists that have helped raise awareness and access to the token.

Since the launch of the Bitgert Chain in mid-February, BRISE has been listed on Gate.io, Coin98 Exchange, BitMart, Belon.io, Hoo.com, BitForex and HotBit.

In addition to the listings, Bitgert also announced new partnerships with Sphynx Labs, Omniaverse, 4D Twin Maps and Innovativ Plastics, and launched the Bitgert Startup Studio program designed to help entrepreneurs and companies raise funds to launch their ideas or ventures. as a BRC20 smartphone. contract.

The views and opinions expressed herein are solely those of the author and do not necessarily reflect the views of Coin-Crypto.com. Every investment and trading move involves risks, you should do your own research when making a decision.

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