Which Layer-1 Should Be on Your Buy List for 2024?

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As the cryptocurrency market continues to grow heavily, high-performing layer-1 projects are always in demand. Bitgert is one such altcoin that is making headlines lately. Its excellent performance and growth prospects propelled this project into one of the best layer-1 projects of 2024, potentially even surpassing titans like Solana or Ethereum.

Some industry observers even say that Bitgert will become legendary just like Ethereum or Solana.

So, Let’s discuss Bitgert as a competitor to Ethereum and Solana. The market is bullish, and investors like any alternative to mainstream cryptocurrencies. Thus, Bitgert is an investment option, and the prospects for its growth are exciting.

Why is Bitgert being compared with Ethereum and Solana?

There are many reasons why there is so much hype surrounding Bitgert and, consequently, so many comparisons between it and Ethereum and Solana. Here is why Bitgert stands as one of the strong Layer-1 alternatives:

Token Buybacks: Bitgert follows the token buyback mechanism by burning them. This reduces the circulating supply and employs a deflationary model, which tends to positively affect the price over a period. Unlike Ethereum and Solana, which don’t have this working as of now, Bitgert opens a hugely profitable opportunity for investors.

Low Transaction Fees: The major advantage of Bitgert is its near-zero fees. Cost is a pretty important aspect when it comes to the adoption of any project, especially Layer-1. While Ethereum is known for being outrageously pricey in terms of gas fees and Solana charges moderately. Bitgert offers a much cheaper transaction experience than Ethereum and Solana so it becomes an attractive opportunity for both developers and users.

DeFi Adoption: Bitgert is where the adoption pace in the DeFi space happens with mainstream players like Ethereum and Solana, as its growth increases while keeping its impact on DeFi adoption to gain the investors’ attention.

Moreover, both Ethereum and Solana have been known for slow implementation which is not the case with BRISE. 

The increasing popularity of Bitgert over Ethereum and Solana along with a sound technological background makes this the most attractive investment in 2024. With no gas fees, tremendous community support, and innovative mechanisms for buyback, Bitgert has all the right ingredients for quick growth. 

Unlike Ethereum and Solana, who are still giant players in the crypto world, Bitgert’s scalability, cost-effectiveness, and community-driven growth factor need special consideration. 

Conclusion

While Ethereum and Solana are renowned names, Bitgert has created a place for itself and how. With very strong community engagement, an ever-expanding footprint in DeFi, and innovative solutions, Bitgert could deliver much bigger gains in 2024. Whether you are an experienced investor or just new to crypto, Bitgert needs to be on your radar.

So, what layer-1 project do you prefer in these market conditions- Bitgert, Solana, or Ethereum? 

To learn more about Bitgert, visit https://bitgert.com.

Buy $BRISE today at Bitget, Gate.io, and KuCoin

Source: https://finbold.com/bitgert-solana-and-ethereum-which-layer-1-should-be-on-your-buy-list-for-2024/