Wednesday, November 30

Binance (BNB), Bitgert (BRISE) Enjoys Growing Adoption, While Avalanche (AVAX) Scandal Blows Up

by Market Trends September 18, 2022

A massive blockchain project adoption is what every crypto team aspires to achieve. Adoption is the factor that enables a project to remain profitable even when the markets are crashing. BNB Coin and Bitgert (BRISE) are two projects experiencing huge adoption today.

In the last few weeks, BNB Coin or Binance has posted impressive growth in adoption, especially in India. After the 1% tax deducted at source was effected, the number of Indians using the Binance exchange just skyrocketed. About 429,000 BNB coin app downloads were recorded in India in August alone.

The growing number of Binance exchange users in India has dramatically increased the adoption of the BNB Coin. In fact, it is one of the reasons why BNB Coin has managed to maintain stable performance in the past few days.

The growing adoption of the BSC is also increasing BNB Coin adoption. The growing number of new projects joining the Binance Smart Chain is fast-growing BNB Coin adoption. It also goes without saying that the growing use of Binance exchange is increasing the BNB Coin adoption.

On the other hand, Avalanche (AVAX) adoption has not been at its best. The just-ended Ethereum merge has indirectly affected Avalanche performance. The Avalanche team is developing a powerful Avalanche ecosystem, evident from the growing Avalanche DeFi, the Avalanche Metaverse, and the Avalanche NFT products.

However, Avalanche is currently struggling with an unfolding scandal. The Avalanche Lab is being accused of foul play against competing for crypto projects. According to Crypto Leaks, Avalanche used law firms to create class-action lawsuits against competitors to give AVAX an edge in the market.

However, Avalanche (AVAX) price today is stable with a small gain as of writing just like BNB coin. Unlike Avalanche and BNB Coin, Bitgert has been bullish this morning. Bitgert has posted a bigger price than Avalanche and BNB Coin after posting a 15% increase within 24 hours of this writing.

Bitgert adoption is growing fast and is being driven by the massive Bitgert developments. The Bitgert BRC20 blockchain adoption and the roadmap V2 delivery are factors growing Bitgert coin adoption.

 

Centcex (CENX) Is Also Showing Massive Adoption

Like Avalanche, Bitgert, and BNB Coin, Centcex is also experiencing massive adoption. This adoption is evident from the exploding Centcex price over the last few weeks. The massive Centcex developments plus the Bitgert partnership are factors growing Centcex adoption.

So apart from the Avalanche, Bitgert, and BNB Coin projects, Centcex is also a crypto coin that investors need to watch in the next few months.

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