Bitgert experienced a significant surge in the burn rate.
The recent developments have directly impacted the trading price.
The world of the crypto market has experienced significant growth with exciting developments over the last few years. Recently, the cryptocurrency Bitgert (BRISE) caught the attention of the crypto market with a surprising move. BRISE has experienced a massive amount of burn in the last 24 hours.
3,931,598 $BRISE tokens burned from the total supply in the past hour. #BITGERT #BRISEhttps://t.co/6V35zV6pR5
— Burn BRISE (@BriseBurn) July 11, 2023
Burn BRISE, the Bitgert coin tracker, reported that there were 3,931,598 tokens, which are worth $0.91, burned from the total supply in the past hour. This recent burn resulted in the 24-hour burn reaching a massive amount of 168,388,302, worth over $39.47. The significant increase in the burn rate caught the attention of crypto enthusiasts.
In recent days, Bitgert has continuously burned a massive amount of tokens. The significant burn in BRISE has resulted in the total burn rate of BRISE reaching 59.45%, according to Burn BRISE. At the time of writing, the total circulating supply is around 405,413,119,524,340, which is 40.54% of the total supply.
Bitgert Project Reaches Significant Milestone
On June 10, Bitgert revealed their weekly report, announcing that the project turned two years old on July 7. The report stated that the project is growing stronger by the day and that the team will not stop building until it reaches its goal.
According to the report, Bitgert has made five partnerships and strategic investments in the last week. Moreover, volatility had retained its hold for every other altcoin and BRISE. The recent development and the increased burn rate have directly impacted the trading price of BRISE. The recent surge may be an indication of an upcoming bullish run.
At the time of writing, the trading price of the Bitgert is around $0.0000002289, with an increase of over 2.96% in the last 24 hours. The trading volume of BRISE has experienced a surge of over 4.99%, according to CoinMarketCap.
