Hawkish has slowed the crypto market growth, where most cryptocurrencies have pulled back, wiping out most of the gains they had made in the past 7 days. Binance Coin (BNB) and Polkadot (DOT) are among the coins that have posted a decline in the past few days.
While Binance Coin (BNB) and Polkadot (DOT) have been declining, Bitgert (BRISE) has been growing stable, with the charts showing growth in the number of new investors buying the coin. Therefore, BitGert has been one of the few cryptocurrencies in the market today that have managed to withstand dumping.
Polkadot (DOT) has been dumping for the past few days, and despite the marginal recovery it has posted today, the past 7 days show that the coin has been plummeting. However, Polkadot (DOT) has been doing quite well in the market and is expected to post an upsurge this weekend.
With the Polkadot parachain technology and the ecosystem thriving, we are likely to see $DOT push for an upward trajectory. However, Binance Coin (BNB) have more than the hawkish fed to beat to regain the bullish growth. There is a lot of uncertainty surrounding the Binance coin after the money laundering claims.
Binance Coin (BNB) has also been mentioned in the FTX saga as one of the factors that triggered the fall of this exchange. The ongoing inquiries and the news that the Binance executive team, including Changpeng Zhao, have spooked investors who are selling and buying the likes of Bitgert (BRISE).
In fact, there has been a growing number of Binance Coin (BNB) investors selling and buying Bitgert as they avoid making more losses. Note that Binance has lost 10% in the past 5 days.
Why Bitgert (BRISE)
Binance Coin (BNB) investors are buying Bitgert (BRISE) because of the potential they have to make good returns and recoup the losses they have made in the past 5 days. This is because it has been more stable than Binance and has the potential to hit a bull run in the next few days.
The massive developments, and more so, the growing number of disruptive products on the Bitgert ecosystem, is what has been exploding BRISE this month. With these factors, then Bitgert has become one of the market’s most promising crypto coins, hence the growing number of Binance Coin (BNB) investors buying it.
In conclusion, while Polkadot is dealing with the typical market forces, Binance Coin (BNB) has a bigger storm weather in the next few days. That’s why BNB investors have been adding Bitgert (BRIE) to their portfolios to cushion them from falling prices.