Shiba Inu
The overall performance of the Shiba Inu project has dropped drastically over the past few months. From the coin price, trend performance to the holders’ count, the Shiba Inu project has been dropping. But this is at a time when Bitgert (BRISE) has been skyrocketing.
Crypto experts say that the Shiba Inu woes might have been accelerated by the tough competition it is getting from other cryptocurrencies. There are many new coins that are attracting a lot of crypto investors, including Shiba Inu investors, which is why its trend has been dropping. Bitgert is among these cryptocurrencies. Read more below about why Bitgert might be the reason Shiba Inu is dropping:
Bitgert
Bitgert might be one of the coins that are responsible for the poorly performing Shiba Inu plus many other projects. In the past few months, the Bitgert team has delivered so much in a short time. This has resulted in Bitgert getting so much attention, and the hype around the coin has been growing fast. The Bitgert team has also delivered its roadmap faster and built a high utility project.
The Bitgert project has the BRC20 blockchain already launched and many other products in the completed roadmap V1. That’s why when Shiba holders’ count has been dropping, Bitgert count was exploding. This is because most of the investors leaving Shiba have been joining Bitgert. If the Bitgert team continues to deliver the products in the roadmap V2 at the same speed, then it might sink Shiba Inu even further.
Shiba Inu
Unlike Bitgert, Shiba Inu is one of the coins with many negative reviews from the market. The coin plummeted 5 months straight, but the biggest concern was that there was no light at the end of the tunnel. There is no major development that might make this coin explode again. The issue of utility is still a major challenge for the Shiba Inu coin. The Shiba team is undertaking some developments but has not yielded much.
The Robinhood listing didn’t achieve anything. The coin pulled back the next day. Will the Shiba Inu’ burn portal” have an impact on this coin price? Well, probably yes, but the effects will not be seen fast. In fact, with the capability of the portal to burn just a few tokens, it might take years before its effect is felt. Therefore, Shiba Inu still have some issue to solve.
Centcex
We have added the Centcex project because it is one of the coins that are getting a lot of attention from the crypto community, just like Bitgert. This is evident from the fast-growing holders’ count and the exponential growth of the Centcex price. You will definitely love the price growth for the CENX coin, especially during Q1 2022. This is when Centcex hit a new ATH. But this is a project with massive potential to be the next big thing.
The Centcex team is working on the token utility, which is one of the major factors attracting investors. The team is building an unlimited number of Centcex products for this ecosystem. This is what makes Centcex super popular with investors. With the growing number of products in the Centcex ecosystem, CENX prices will keep skyrocketing.
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