The market is getting more interesting with the recent 50 basis point US Fed rate cut, which is now expected to boost employment and spending. However, with experts suggesting looming inflation with increased spending, crypto is about to get a boost. Unfortunately, not all crypto assets will enjoy this boost, which thus calls for the identification of assets that could outperform the others in the coming bull run. Solana, PEPE, and the Bitgert coin are tipped for an impressive move, but Bitgert is expected to outperform.
Here is the main gist that could shape this narrative better.
Bitgert’s Approach to Burning
Nearly all crypto assets today use a deflationary approach to boost their price. However, unlike PEPE and Solana, Bitgert uses a more aggressive burning mechanism that burns 12% of a transaction after every transaction. In contrast, PEPE only burns 1% after every transaction, which puts it far behind Bitgert and Solana.
Understanding the Solana burning mechanism takes a deeper look. This is because while Solana has a 50% burning mechanism, it only deals with the transaction fee, and to take this further, Solana still has an inflationary schedule that adds new coins to the supply. Comparing their burning mechanism favors Bitgert more, tipping Bitgert to have a rather massive boost through active burning better than PEPE and Solana. This deflationary approach helps boost Bitgert’s price; however, while PEPE and Solana have a deflationary mechanism, it is not as aggressive as Bitgert’s.
Banking on the Community Support for a Long-Term Growth
One primary factor relating these three together is their community-driven approaches. However, while projects like Solana are currently more popular than Bitgert and PEPE, the innovative solution Bitgert introduces is gradually expanding its community. The PEPE community is primarily driven by buzz and sentiment, but Bitgert‘s community is growing due to its utility and real-world applications.
Bitgert’s faster transaction speed and more reliable network security make it a better option for developers than Solana. However, to take it further, the PEPE community is reliant on its current performance, making the PEPE community both a blessing and a curse. Hence, the PEPE community is only active when the coin is performing well, but the moment the PEPE coin starts receding, its community starts to shrink.
Following this comparison of PEPE, Bitgert, and Solana, Bitgert is projected to outperform Solana and PEPE in the coming months. This puts Bitgert at an early lead to PEPE and a projection to overtake Solana before the end of 2024.
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