News and Analytics

0

Fed Cuts Rate by 0.50 Basis Points: Implications for the Crypto Market

Sep 24, 2024
  1. Transaction Speed and Charges
  2. Strong Community Compared to Cardano and Floki Inu
  3. Technological Advancements Give an Edge Over Cardano and Floki Inu

The Federal Reserve System of the United States announced a rate cut of 0.50 basis points, the first since 2020. This is a positive signal for the crypto market. As a result of this rate cut, significant inflows of investments into the crypto market are expected, which could lead to another bull run in the near future.

Transaction Speed and Charges

Transaction speed and gas charges are two essential factors for investors in the crypto market. Bitgert has the edge over Cardano and Floki Inu in terms of transaction speed and gas charges. Bitgert offers virtually non-existent transaction charges, while Floki Inu's gas fee can fluctuate as it operates on the Ethereum network (ERC-20) and Binance Smart Chain (BSC). Cardano typically takes around 5-20 seconds to perform a transaction with a gas fee of approximately $0.0606, making Bitgert a clear winner over Cardano and Floki Inu.

Strong Community Compared to Cardano and Floki Inu

Initially launched as a BEP-20 token, Bitgert was later rebranded into Bitgert’s $BRISE coin. With an 800K strong active community, Bitgert stands out with its unconventional approach to onboarding users compared to Cardano and Floki Inu. Bitgert has organized many events in the past few months and is actively participating in contests. This has kept the community engaged and helped Bitgert gain the faith of its users.

Technological Advancements Give an Edge Over Cardano and Floki Inu

Bitgert is way ahead of Cardano and Floki Inu in terms of technological advancements. With the introduction of deflationary tokenomics, Bitgert has gradually lowered the number of tokens in circulation. The deflationary tokenomics burns around 12% of Bitgert’s $BRISE coin every time a transaction is executed. Neither Cardano nor Floki Inu have a deflationary mechanism, making Bitgert a preferred investment option over Cardano and Floki Inu.

Looking at technological advancements and robust fundamentals, Bitgert’s outlook for 2024 is clear. Floki Inu often faces issues with high transaction fees, while Cardano has a stable infrastructure, cheap fees, and appropriate transaction speeds. However, Bitgert takes the lead with its groundbreaking features, including no gas costs and lightning-fast transaction speeds.

Comments

Latest analytics

Bitgert Overview:...

Bitgert Overview: Features and Potential of the Project

Alonzo — the upgrade...

Alonzo — the upgrade that unlocked smart contract functionality...

Show more

Latest Dapp Articles

Show more

You may also like