In June 2023, the European Union finally adopted some regulations for the cryptocurrency industry that allowed these currencies to be traded in Europe, given, that they were “stablecoins”. This meant that these crypto-assets should have a promising stable value as any other assets and currencies.
This move allowed a lot of crypto start-ups to set up their base in Europe.
That’s why, before 2023, there were only 2 European countries in the Top 10 countries with the highest crypto-asset value.
But, ever since, the market has seen a lot of expansion, and with exchanges like Coinbase, Robinhood, etc. bringing in more cryptocurrencies in the market, the market highlighted a lot of potential.
So now, when the market is in the best form for expansion, Bitgert has an allowance and listing on European crypto exchanges as well.
This is one of the biggest reasons why BRISE saw a sharp 50% hike from 3rd Feb 2024 to 3rd March 2024.
Other than that, this move made a mark for Bitgert in and around the world. That’s why it is also known as the ‘Solana killer.’
Bitgert’s ability to launch new products quickly, and stay up to the trend and on top, gives it a lot of advantages to win over the European market. Maybe, that’s why analysts predicted the growth of Bitgert till 2030 to be over 924% in the best-case scenario. This was before it entered the European markets.
Given that the size of Bitgert’s ma inrket is over $13.6 billion, this number of 924% is highly deflated. Keeping in mind that the European markets have just opened, and have a lot of potential to grow, this makes it even better for Bitgert.
So, analysts have now predicted that Bitgert’s actual growth could be anything around 3000%-8000%, that is a growth of at least 3 to 9 times more than what was predicted for the best-case scenario.
While it’s true that European markets can be great for Bitgert, it’s important to note that Cryptocurrency markets are notoriously volatile. They are highly affected by a lot of factors, but especially market sentiments. This makes it extremely risky. So be careful whenever you invest in cryptocurrencies.
To learn more about Bitgert coin, visit – https://bitgert.com
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