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Bitgert Price Prediction as its DeFi Ecosystem Implodes

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Bitgert price has crawled back in the past few days as investors react to the rising cryptocurrencies. BRISE rose modestly to a high of $0.00000032, the highest point since December 27. It has risen slightly from the all-time low of $0.00000027. So, what next for BRISE prices?

Bitgert TVL plunges

Bitgert is a blockchain project that aims to be a better smart contract platform than Ethereum and Solana. It is a leading platform that has much better features. For example, it is significantly faster than other networks since it can handle over 100k transactions per second (TPS). 

Bitgert is also much cheaper than other networks. While Ethereum’s transactions go for over $10, Bitgert charges almost nothing. It can handle over 1 million transactions for less than $5. Therefore, analysts believe that the network will become a better platform for developers.

Bitgert also launched an exchange that has cheaper costs than other platforms like Uniswap and PancakeSwap. It offers greater functionality, including transfers and payment solutions. The exchange is listing more tokens. 

However, Bitgert has lost its momentum in DeFi. According to DeFi Llama, Bitgert has a total value locked (TVL) of about $3 million. This is a significant decline since the network had a TVL of over $10 million a few months ago. Most platforms in its ecosystem like Sphynx, IcecreamSwap, BitgertSwap, and even Brise Swap have all seen their assets drop.

The next key catalyst to watch will be the upcoming US inflation data. Economists believe that the country’s inflation moved downwards in December. Weak inflation numbers will be bullish for Bitgert.

Bitgert price prediction

Bitgert Price

The 4H chart shows that the BRISE price has been in a tight range in the past few days. It has remained below the important resistance level of $0.00000031, the highest level this week. Bitgert is also consolidating at the 25-day and 50-day moving averages. Bitgert has also formed what looks like a rising wedge pattern.

Therefore, I suspect that Bitgert will have a bearish breakout in the coming days. If this happens, the next key support level to watch will be at $0.00000030.

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IMX Price Double-Tops Ahead of Immutable X Token Unlocks

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IMX crypto price pulled back on Friday as investors waited for the upcoming token unlock that is scheduled for Saturday. The token rose to a high of $0.675, which was slightly above the intraday low of $0.6513. It remains a few points below this year’s high of $0.7500. 

Immutable X token unlock

Immutable X is a relatively small blockchain that plays an important role in the non-fungible token (NFT) industry. It is a layer-2 network that is focused on the non-fungible token (NFT) industry. A layer-2 network is a sidechain that handles transactions at a faster pace and at lower costs than Ethereum.

These networks, which include networks like Polygon, Arbitrum, and Optimism, handle transactions at a significantly lower cost. That’s because Ethereum is well-known for its substantially slow speeds and high transaction costs.

As a result, Immutable X has become a favorite blockchain for developers to launch their NFT collections. Data compiled by CryptoSlam shows that Immutable X handles tens of millions of NFT collections on a daily basis. In January, it has handled $11.3 million NFTs, lower than the $14 million that it processed in December. At its peak, it was handling over $53 million worth of NFTs per month.

Immutable X’s IMX token price retreated slightly ahead of the upcoming token unlock that will happen during the weekend. A token…

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Cardano Price Gains Momentum as DeFi and NFT Ecosystem Wakes Up

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Cardano price has been in a strong bullish trend in the past few weeks, making it one of the top-performing cryptocurrencies. ADA, its network token, has risen to a high of $0.39, which was the highest point since November 8. It has jumped by over 58% from the lowest level in 2022.

Cardano DeFi ecosystem rebound

Cardano price has been in a strong recovery as activity in its network do well. Data compiled by DeFi Llama shows that the total value locked (TVL) in Cardano’s DeFi ecosystem has been in a strong recovery as cryptocurrencies rebound. After falling below $60 million in 2022, the TVL has bounced back to about $102 million.

A closer look shows that most DeFi platforms are doing well. For example, MinSwap has seen its TVL jump by over 41% in the past 30 days. It has a market dominance of 31.4%. In the same period, Meld has seen its TVL soar to over$17.59 a million, making it the second-biggest DeFi platform in Cardano.

Other top players in the ecosystem are Indigo, WingRiders, MuesliSwap, and SundaeSwap have all seen their TVLs jump by double-digits, as shown in the chart below.

Cardano NFT…

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Aptos Price Continues to Defy Gravity as Activity Rises

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Aptos price has been one of the best-performing cryptocurrencies in 2023 as it roared to its highest point on record. APT jumped to a high of $20.45, the highest point on record. In all, it has jumped by more than 493% from the lowest level of all time. 

Why Aptos is soaring

Aptos is one of the fastest public blockchains in the world. It is an Ethereum rival that acts as a foundation for developers to build adaptive and high-quality applications across all sectors. The network, which is well-funded, has excellent speeds of more than 10,000 transactions per second.

Aptos has gained a lot of traction in the past few months. A good way to look at it is to consider the volume of assets that have been locked in the ecosystem. Data compiled by DeFi Llama shows that Aptos has a total value locked (TVL) of more than $75 million. 

The number of apps in its ecosystem has been on a steady growth in the past few months. According to DeFi Llama, the number of DeFi apps in its ecosystem have grown to 16. It has a total value locked (TVL) of more than $75.65 million, making it one of the biggest players in the industry. 

PancakeSwap is the biggest app in its ecosystem with a TVL of over $34 million. This…

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