The Bitcoin halving is expected very soon. This phenomenon has an immense impact on the crypto market as seen historically. Let’s take a look at what this means for rising altcoins like Bitgert.
What you'll learn 👉
Halving Historically
The last Bitcoin halving in May 2020 saw block rewards halved from 12.5 Bitcoin per block
to 6.25 bitcoin per block. The price at halving was $8,602, surging to $69,000 in November 2021. This surge to new all-time highs has been observed since the first halving in November 2012 where the block rewards halved from 50 BTC to 25 BTC and the coin surged from $12 to $1,075 within a year, a staggering 8,858%.
A surge in Bitcoin could lead to a surge in the prices of altcoins as well. The post-halving surge often leads to a short sell-off which usually results in added liquidity for altcoins leading to an altcoin surge. One such coin exciting investors is Bitgert.
An Altcoin to Watch – Bitgert
The Bitgert ecosystem has gained significant traction thanks to the unique BRC-20 chain that transacts at speeds of up to 100,000 TPS at a gas fee as low as $0.001 per transaction. This has resulted in significant attention to Bitgert’s native coin BRISE.
The coin is credited to be making significant developments in mass adoption thanks to its simple chain and ecosystem of a swap, exchange and marketplace among other recent additions like an AI-smart contract auditing platform. Moreover, the team has partnered up with projects like Openname, Biton and most recently Aqua City, the gaming metaverse.
This rapid development by Bitgert’s team has generated excitement around the BRISE coin. The Bitgert team also significantly improved their exchange and launched the v2 on the Play Store which investors very well received.
Bitgert’s Next Move
The Bitgert team remains focused on developing significant partnerships to get more projects involved in the near-zero gas fee BRC-20 chain. Bitgert’s BRISE coin also seems to be making a recovery as it outperforms Bitcoin in the last 24 hours surging over 6%. Bitgert also seems to be following Bitcoin’s graph which could mean a bullish signal considering the historical performance post-halving. 
Conclusion
The Bitcoin halving is expected to be only a few hours away. With this historical phenomenon, investors are speculating on the post-halving effect of altcoins. The Bitgert coin is one such coin that seems to excite investors as it starts recovering with an outperformance on Bitcoin with a 6% surge in the last 24 hours.
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