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Bitgert Price Prediction: BRISE Plunges after Delisting from the App Store
Bitgert price prediction: BRISE dropped sharply after removed from the App store. Remaining under pressure, will BRISE finally hit zero?
Bitgert (BRISE) price remained under pressure on Wednesday morning as focus shifted to the upcoming decision by the Federal Reserve. It fell to a low of $0.00000050, about 36% below its October high, with a market cap of over $193 million.
Bitgert’s price dropped sharply after Google took its app down from its app store, citing its policies. According to its developers, they have reapplied for listing and expect the app to go live again soon. It is still unclear why the app was delisted and whether it will returned to the app store. On social media, users were complaining that they had lost money due to the delisting. The app still does not appear on the PlayStore at the time of writing.
In the meantime, Bitgert’s total value locked (TVL) in DeFi has declined from over $10 million in September to about $5.6 billion today. This decline indicates that transactions in the network are dropping. Sphynx is still the biggest DeFi protocol in Bitgert.
Besides, BRISE price has come under pressure even after it was listed in Huobi, one of the biggest exchanges in the world. Other key developments in its ecosystem are its partnership with Arctic Wallet and the upcoming launch of the Bridge-2-Bitgert strategy. The strategy will allow developers to connect to all the great projects listed on CoinMarketCap for free. At the same time, the developers launched the BETA version of the BRISE payment gateway.
Bitgert Price Prediction – Will BRISE Hit $0.00?
The hourly chart shows that the BRISE price rose to a high of $0.00000080 last week as the crypto momentum continued. Since then, the coin has lost momentum and is dramatically below last week’s high. It has moved slightly below the 25-day moving average while the Relative Strength Index (RSI) has moved below the neutral level.
Bitgert price could therefore continue to fall as sellers target a key support level at $0.0000045. A break of the resistant level at $0.00000055 would invalidate the bearish signal.
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