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400 Trillion Shiba Inu Burnt But $SHIB Still Trails Bitgert In Price Growth

IndustryTrends

Key Points:

  • Shiba Inu's 'burn portal' adoption has been impressive
  • Bitgert is still showing a bullish outlook
  • More Bitgert developments are coming up this year

One of the biggest news that Shiba Inu released a few weeks ago was the 'burn portal.' The Shiba Inu team launched the burn portal to help address the issue of the massive supply of the SHIB tokens. The adoption of the burn portal has been impressive so far. In fact, over 400 trillion tokens have been burned.

However, the Shiba Inu coin has not had the expected price growth. Even with the huge number of Shiba Inu tokens out of the supply, the SHIB price has not made huge growth. In fact, during the past few weeks, the $SHIB price declined to 5-zeroes, although the coin has recovered the zero over the last few days.

However, Shiba Inu is still trailing Bitgert (BRISE) in terms of performance. In fact, Bitgert was doing so well when Shiba Inu was posting a sharp decline. Unlike Shiba Inu, Bitgert is one of the crypto projects with real utility. This is one of the things that makes the Bitgert stand out from the meme coins.

In addition to that, Bitgert is delivering its project faster than Shiba Inu. The number of products and projects the Bitgert team has launched has made Bitgert one of the fastest-growing ecosystems. The Bitgert team has already built and launched a zero-cost gas fee blockchain.

The Bitgert BRC20 blockchain is still the most exciting chain in the market. The adoption of the Bitgert chain is growing fast because of the zero gas fee. However, the products and projects that the Bitgert team is bringing on the Bitgert blockchain attract crypto investors to Bitgert.

The products that Bitgert roadmap V2 is bringing to the Brise chain are one of the reasons why Bitgert is outperforming Shiba Inu. Among the key Bitgert products are the Bitgert CEX and the NFT marketplace. In addition, more projects are coming on the chain from the Startup Studio.

Bitgert recently launched a USDT/USDC bridge on the Bitgert chain, which has been massively adopted. Therefore, even with the Shiba Inu burning tokens, it will be difficult to beat the Bitgert competition. This is because Bitgert has so many exciting developments coming up in the next few months.

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