When you look at the Bitcoin price chart today and study its 2024 trajectory, you’ll discover that 2024 hasn’t been all rosy for the crypto market and its investors. We started the year promising with anticipation for the Bitcoin halving event and saw a new All-Time-High early in March. However, when everyone began to get comfortable, Q2 took us by a super bearish surprise.
Now that Bitcoin has recovered and is ready to fly again, every other major L1 project like Bitgert, Ethereum, and Cardano has followed suit. The question every investor wants answered is which of these projects, Bitgert, Ethereum, or Cardano, will have the right price action to trigger strong growth in Q4 2024.
The Bitgert, Ethereum, and Cardano Matchup!
Given Bitcoin’s current bullish pace, investors expect a similar response in the L1 tokens like Bitgert, Ethereum, and Cardano. As Bitcoin also begins to touch major support levels and price action points to a new all-time high, the same is expected for Bitgert, Ethereum, and Cardano.
These L1 projects already show strong growth in 2024.
Like Ethereum, Cardano has had a rough journey over the past few years. Although initially seen as the major rival to Ethereum and Bitcoin, Cardano currently sits at 11th ranking. Despite this setback to Cardano, there are still hopes for recovery as Cardano’s core team, led by Charles Hoskinson, continues to innovate.
Investors are unsure of the path Cardano will take, and the outlook for Cardano is mixed. Some analysts predict that without significant changes or developments, Cardano’s price could drop dramatically—by as much as 90%. This uncertainty raises questions about its long-term viability compared to competitors like Bitgert and Ethereum.
On the other hand, Ethereum is often regarded as the backbone of decentralized finance (DeFi). Indeed, Ethereum has shown resilience despite recent market fluctuations. Currently, Ethereum is navigating through a critical phase, having bounced back from lower price levels around $2,400 to its present $2,545 mark.
As we approach the end of the 2024 market cycle and trim our expectations of Bitgert, Ethereum, and Cardano according to Bitcoin’s performance, some individual events, collaborations, and project scope have helped Bitgert stand out among the herd.
For example, when compared side-by-side with Ethereum and Cardano, Bitgert has shown better potential than its rival tokens.
Here is a project with its blockchain that can process up to 100K transactions per second and runs at an almost zero gas/transaction fee. We cannot say the same for others like Ethereum and Cardano. Unlike Bitgert, these other L1 tokens are not matched. For example, Ethereum runs on super high transaction fees and often experiences network congestion when a lot of transactions are processed at the same time.
Bitgert also encourages community involvement to differentiate itself from Ethereum and Cardano. Its initiatives involve monthly campaigns and amazing prize pools. Presently, there’s a Bitgert creator contest in which creators in the Bitgert ecosystem can win a $10K price reward.
Overall, Bitgert has proven to be highly profitable at a low price and with the potential for 100x in 2025. It’s also a mid-cap token, which indicates that Bitgert can significantly grow in its 2024 run.
To know more about Bitgert, visit https://bitgert.com.Grab your own $BRISE today at Bitget, Gate.io, and KuCoin!
