Bitgert, Reef, and Bittensor are all exciting cryptocurrencies to keep an eye on in the coming bull market, one expected to be led by altcoins. All three of these projects have their separate areas of operation; however, Bitgert is slightly different from Bittensor in its goal to create a comprehensive DeFi ecosystem with a diverse set of products and services, including a CEX, a DEX, a real estate platform, an RWA platform, a payments protocol, and a separate entity to encourage and help upcoming startups called the Startup Studio. Bittensor does not have such a diverse set of offerings.
Therefore, Bitgert does seem to have stronger fundamentals than Bittensor, an AI blockchain project currently much hyped in the AI crypto sector. The issue with Bittensor? No one knows just how sustainable the AI blockchain space is going to prove yet. On the other hand, the DeFi space Bitgert inhabits is expected to be one of the biggest sectors in the upcoming bull run, compared to Bittensor.
On that note, as Reef is a L1 focusing on building a DeFi ecosystem as well, it does have that bit in common with Bitgert. However, to understand price actions in the coming times, we can take a look at the price changes for Bitgert and Reef both in the past 24 hours. While Bitgert has gained by 0.12%, Reef has lost ground by over 15%. This paints a more positive prospect for Bitgert as a project than Reef.
Reef and Bittensor both fall behind in terms of TPS as well. Reef has a TPS around 500, while Bitgert promises a TPS of 100K. Reef and Bittensor can not compete when it comes to gas fees either, as Bitgert charges only $0.0000001 per transaction. Compared to Reef and Bittensor, Bitgert also has the PoA consensus mechanism lending it higher scalability and cost-efficiency.
To top it all off, Bitgert possesses a forward-thinking approach as it pays significant attention to nourishing its community with monthly contests and reward pools. For example, Bitgert is hosting a hackathon for memecoin developers in September, an approach Reef or Bittensor are yet lacking.
Overall, as an investor, if you want to focus on projects with strong fundamentals, Bitgert should be your answer above Reef and Bittensor. In the upcoming bull market, based on its strategies, Bitgert is expected to show a much higher price growth than Reef or Bittensor.
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