The total value of global crypto activity increased substantially between Q3 of 2023 and Q1 of 2024. With the launch of Bitcoin ETF, Bitcoin saw an increase in the total volume across all regions. The crypto market extended gains due to high market activities in September, from the launch of Bitcoin ETF to the Fed rate cut of 50 points, signaling the start of the inevitable bull run in the crypto market.
Investors are in a frenzy as Bitgert, POPCat, and Render are ready to achieve significant growth. Let’s look at the likelihood of various cryptocurrencies’ having considerable growth, with Bitgert, POPCat, and Render in focus.
Bitgert
Launched in 2021, Bitgert’s $BRISE coin has garnered attention due to its high transaction speed. Built on the powerful layer-1 proof of authority consensus mechanism, Bitgert offers a transaction speed of 100K TPS. The Bitgert blockchain is designed to support transactions at near-zero cost, making it cost-efficient compared to POPCat and Render. Bitgert’s projects comprise of DeFI, NFTs, Metaverse products, and Web 3.0. Unlike POPCat and Render, Bitgert boasts a multi-currency crypto wallet, allowing users to transfer, receive, store, and trade multiple crypto assets securely.
Bitgert’s $BRISE coin has performed exceptionally well in the past. With a market cap of $2.9B and a supply of 395.7T, Bitgert’s $BRISE coin will surely take the lead. Compared side by side with POPCat and Render, Bitgert’s $BRISE coin is poised to grow and expand its reach.
Render
Render is another project recently gaining attention from investors interested in decentralized computing and the metaverse. It is also known as the world’s first decentralized GPU rendering platform, designed to accelerate creative productivity. Render provides a compute platform for different uses, from 3D rendering to machine learning and generative AI.
The Render’s use case in the real world makes it a potential contender for long-term growth. However, achieving 100x returns in 2024 is unlikely. With a market cap of $3.2B and 41% returns in a year, Render focuses on gradual and steady growth rather than explosive short-term growth like POPCat.
POPCat
POPCat is another meme-based currency that relies on social media virality and speculative trading to move its price. A meme token like POPCat can register enormous gains, but these gains can fade away quickly as they are often driven by meme hype or community engagement without any fundamental backing. Sitting on a market valuation of $74.4B, POPCat has given -5.34% returns in the last 24 hours. Like Bitgert and Render, POPCat has no ecosystem or solid fundamentals. POPCat ability to capture and maintain the public’s attention decides its price movement.
Conclusion
While the crypto market is unpredictable, Bitgert’s strong fundamentals and technological advancements can help it achieve 100x gains in 2024. POPCat and Render have strong growth potential, but POPCat being a meme coin and Render believing in gradual increase makes them less likely to achieve 100x returns.
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