How many Bitgert tokens are there? BREEZE Crypto Circulation Analysis – Capital.com | Jewelry Dukan

Bitgert was originally launched on the Binance blockchain in July 2021 Photo: WindAwake/Shutterstock

That bitter (BREEZE) cryptocurrency surged in value in the second half of August as the development team announced plans to launch a decentralized operating system. Several cryptocurrency exchange listings followed in September, although BRISE price has declined in line with bearish sentiment in the broader markets.

What is the BRISE token and how does it work? How many BRISE tokens are in circulation?

If you are considering investing in the Bitgert crypto project, it is important to understand who are the biggest BRISE coin holders (known as whales) as their trading activities can affect the price. This in turn can affect the value of your investment. In this article, we take a look at the circulating supply of BRISE tokens.

What is Bitgert’s BRISE coin?

Bitgert describes itself as a “crypto engineering organization”. It built the high-speed Bitgert blockchain, capable of handling more than 100,000 transactions per second (TPS) but charging negligible gas fees.

Gas fees that miners and stakers charge to process transactions can run into the hundreds of dollars on blockchains like Ethereum. At Bitgert, the fees are only $0.00000001 per transaction

Initially launched on the Binance blockchain in July 2021, Bitgert used Binance’s native BNB coin to pay out rewards to Bitrise token holders. The BRC20 blockchain was launched in February 2022 with BRISE as the native coin.

Bitgert’s anonymous development team is building a scalable ecosystem with projects spanning decentralized applications (dApps), including decentralized finance (DeFi), non-fungible tokens (NFTs), and Web3.

The ecosystem includes Bitgert Audit for blockchain security, decentralized exchange BRISE Swap (DEX), multi-currency BRISE dApp wallet and staking. A blockchain bridge is under development that will allow users to transfer assets from the BNB blockchain to the Bitgert blockchain.

Bitrise coin price has outperformed most other cryptocurrencies in 2022, up 82.7% year-to-date, while bitcoin and ether are down around 58.5% and 61%, respectively.

Bitgert (BREEZE) price chart

BREEZE surged 232% to $0.000001181 in the second half of August as investors reacted to Bitgert news, including the potential for the token to be listed on major crypto exchanges Coinbase and Binance.

On August 22, Bitgert announced its plan to develop an operating system.

BRISE staking on Bittert Chain went live on September 13 after an alpha test period started on 7.9.

Bitgert announced listings on several tier 2 and 3 crypto exchanges such as Citex and catex on September 15th, Phemex on September 14th and BitWell on September 13th, with coinstore come. The Biconomy exchange will list BRISE on September 20th.

BitKeep announced on September 15 that it has added Bitgert to its list of supported mainnets, allowing users to store and exchange BRC20 tokens in their Bitkeep wallet and providing them with “a convenient vehicle for token transactions that Participate in the DApp ecosystem and more”.

The developments and strong price rally have attracted cryptocurrency whales looking for staking rewards and investment returns.

How many BRISE tokens are there now and who owns the most? Let’s go through a breakdown of Bitgert coin ownership.

What is the circulation amount of BRISE-Coin?

How many BRISE tokens are there? BRISE has a maximum supply limit of 1 trillion tokens. According to data compiled by , at the time of writing on September 16, 395.69 trillion BRISE tokens were in circulation CoinMarketCap. This gave BRISE a market cap of $247 million, which ranks it as the 225th largest cryptocurrency in the world by value.

Smart contracts on the Bitgert chain include a buyback mechanism, so there is a 12% processing fee for each BRISE transaction. Of that 12%, 5% is used to buy back and burn tokens from the liquidity pool, 4% is used for staking rewards, and 3% is used for marketing. This automated liquidity control aims to reduce the number of BRISE tokens in circulation and support the price over time.

Data compiled by cryptocurrency wallet tracker CryptoEye showed that since May 19, 2022, a total of 57.294% of the BRISE supply has been burned, including 49.6 billion coins worth $29.7 million over the past three months.

Who owns the most BREEZE?

How many Bitgert are in the wallets of the biggest whales?

At the time of writing, there were 167,203 Bitrise token holders, up 9% over the past three months. At the end of May there were around 149,000 BRISE owners.

The largest BRISE wallet is a “special zero address currently used for burning $BRISE coins, this address is not created by the Bitgert development team. It is part of the blockchain mainnet and is also used to burn other coins,” according to CryptEye. The wallet includes the 572.94 trillion BRISE coins that make up 57.294% of the total circulating supply burned to date.

So what about the remaining 427.06 trillion coins, 42.706% of the supply? The second largest wallet to be found on Binance contains more than 78.5 trillion BRISE coins worth around $48.85 million at the current Bitgert price. The coins make up around 18% of the circulating supply.

The third largest wallet contains 22.4 trillion coins, which is 5.25% of the circulating supply, while the second largest wallets contain more than 17 trillion coins each.

Why is it important for retail investors to know the ownership concentration in whales – the wallet addresses with the largest crypto holdings?

Large BRISE coin holders can impact the price significantly if they sell their holdings and increase supply in the market, or make large purchases and decrease supply. This, in turn, can affect the value of your investment.

However, a cryptocurrency’s ownership distribution is only a small part of the picture and should not be the primary reason behind your investment decision.

Whether BRISE is a good investment for you depends on your investment goals, trading strategy, risk tolerance and the size of your portfolio. It is important that you do your own research before making any investment or trading decision. And never invest or trade with money you cannot afford to lose.

frequently asked Questions

How much is Bitgert worth?

Bitgert’s BREEZE coin was trading around $0.0000006 at the time of writing, giving it a market cap of $247 million and ranking it the 225th largest cryptocurrency by value.

When was the BRISE coin introduced?

The BRISE coin was launched in July 2021, initially on the Binance blockchain. Bitgert launched its own blockchain with BRISE as the native coin in early 2022.

What is the total offer of BRISE?

BRISE has a maximum supply limit of 1 trillion tokens. According to data from CoinMarketCap, there were 395.69 trillion tokens in circulation at the time of writing on September 16th.

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