SushiSwap (SUSHI) is a decentralized finance (DeFi) project that boasts an automated market maker feature.
SushiSwap was launched as a fork of Uniswap in 2020, looking to take the AMM market to a new height, offering more benefits to liquidity providers in the native SUSHI token.
However, experts predict that SishiSwap will have a tough time in the market because of Bitgert. Bitgert, ahead of its much-awaited major announcement next month, is attracting many investors, and the impact of this can be seen in SushiSwap’s price forecasts.
So, let us check out Bitgert and SushiSwap’s fundamentals to know more about their future in the Q4 of 2024:
Bitgert’s Native Blockchain vs. SushiSwap’s Forked Model
A DEX, SushiSwap, is forked off from Uniswap while Bitgert has its own native blockchain, the Brise Chain. While Bitgert possesses high speeds of 100,000 TPS along with ultra-low fees, which provides more efficient pathways for developers and users, SushiSwap still requires the network of Ethereum.
This would sometimes cause congestion and result in very high gas fees. In this regard, SushiSwap does not appeal much when compared to the faster and cost effective infrastructure offered by Bitgert.
Upcoming Big Announcement in Bitgert Fuels Investor Interest
As of now, investors are diverting their attention from SushiSwap as the buzz about the major announcement from Bitgert reaches the crypto investors. Although details of the announcement are yet to be revealed, experts predict positive movement for Bitgert. The $BRISE prices have already grown by more than 4% in the last seven days.
Comparison of the Ecosystem: Bitgert vs SushiSwap
The decentralized exchange and the liquidity rewards are SushiSwap’s trump cards, but the ecosystem seems to be very limited when compared to Bitgert.
Products like Bitgert.exchange and PayBrise, along with initiatives like the Bitgert Startup Studio, offer a wide range of blockchain services that reach far beyond SushiSwap’s ecosystem. Thus, Bitgert offers broader utility, positioning it as more versatile than its counterpart, SushiSwap, whose focus lies mainly on DeFi trading.
Conclusion
As Bitgert is all set to announce something major next month, SushiSwap’s price forecasts are crumbling. With higher speeds, lower fees, and now a growing network, Bitgert is looking very strong as a competitor to SushiSwap.
Moreover, the added hype for Bitgert might push it into a major price rally, which would be tough for SushiSwap to compete with.
Grab your own $BRISE token at Bitget, Gate.io, PancakeSwap, MEXC, and KuCoin!
- Step 1: Register on the exchange
- Step 2: Choose a payment method
- Step 3: Buy $BRISE
- Buy $BRISE on Bitgert website today. Visit bitgert.com.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
