Why Polygon (MATIC) Price Dropped and Bitgert Doing So Well In Bear Market




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March 8, 2022

The crypto markets have been crashing, and the effects have been widespread across the entire industry. Polygon (MATIC) is among the cryptocurrencies that have been dropping, having posted over a 10% plunge in the last few days. But during the same bear market, Bitgert has been doing so well.

In fact, the Bitgert coin has been bullish, with the price and marketcap increasing exponentially during the bear market. So why is Bitgert bullish when even the largest cryptocurrencies have been dropping? Here are reasons Bitgert has been bullish in the bear market:

 

Bitgert

When Polygon (MATIC) was dropping, Bitgert coin was bullish because of the huge number of crypto investors, including whales buying Bitgert. The demand for the coin has increased with the launch of the revolutionary Bitgert BRC20 blockchain. It is the first zero gas fee blockchain that has alleviated the issue of the costly gas fee in the industry.

The Brise BRC20 blockchain is also the fastest chain now at 100,000 transactions per second, which is a faster throughput than Solana. These features are attracting many investors because of the expected massive adoption of the Bitgert BRC20 blockchain.

The upcoming launch of the Bitgert exchange is also attracting many investors. All these factors are making Bitgert very attractive to investors, and that’s why the coin is doing so well during the bear market,

 

Centcex

Centcex is another crypto project that would make a good investment after Bitgert. The Centcex coin has also been offering an impressive stable price during the bear market. It is a relatively new project. However, the Centcex project has been proving a force to reckon with in the days to come. There are a number of things making Centcex a good investment. The high utility that this project is building has been at the center of attraction.

Centcex is going to be one of the cryptocurrencies with the largest number of products. In fact, the Centcex team is launching an unlimited number of products. This means massive adoption, skyrocketing coin price, and huge staking revenue. That’s why investors are buying big in this project.

 

Polygon (MATIC)

The bearish market has left Polygon (MATIC) in a big dip that will take the coin some time to dig out. Polygon is one of the cryptocurrencies that dropped by over 10%. Even with the market breather, Matic is still in the red for the drop experienced over the past 7 days. But the Polygon price drop might have also been driven by competitive projects like Bitgert.

Bitgert is one of the biggest Polygon (MATIC) competitors, and the launch of the BRISE BRC20 blockchain has proven this. Bitgert blockchain is faster, and the gas fee is cheaper than Polygon. The Brise chain compatibility with Ethereum smart contracts is also making it superior to Polygon (MATIC). That’s why it might be a factor in the Matic dropping price.

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