Shiba Inu holders count is dropping rapidly. Over the past few weeks and most of 2022, the number of Shiba Inu holders has been dropping fast, something that has gotten many investors concerned. A huge number of these investors have been moving to new and more promising cryptocurrencies like Bitgert (BRISE).
Bitgert has been ranked as one of the fastest-growing crypto coins of 2022, which is evident from the price and marketcap growth the coin has posted so far. The number of crypto investors joining Bitgert coin has also been rising when the likes of Shiba Inu has been dropping. Read more about these cryptocurrencies below:
The number of Bitgert holder have been rising rapidly, with a recent update from the Bitgert team showing it has reached 120k holders. This is massive growth for the project, which shows that more and more crypto investors are realizing the huge potential this project has.
The number rose rapidly immediately after the Bitgert team launched the game-changing BRC20 blockchain. This is the first gasless chain, which has created a lot of attention in the industry. The Brise chain is also faster than any other blockchain today.
The Bitgert team is also developing many products for the chain, including the upcoming Bitgert bridge, exchange, metaverse products, etc. There are also 1000+ products coming on the chain this year. These are reasons why even the Shiba Inu holders are leaving and joining Bitgert coin.
The other project that has been growing its holders' count is Centcex. In the past few weeks, the number of Centcex holders has been increasing, just like Bitgert. In fact, one of the biggest reasons why Centcex managed to increase by +260% in the past 30 days, as of this writing, was the huge number of new members joining.
The reason Centcex is attracting a lot of investors is the huge utility the project is building. There will be an unlimited number of products in the Centcex ecosystem. The team is building all kinds of crypto applications that are highly in demand. That's how millions of blockchain users will join the Centcex network. The result is skyrocketing the CENX price and massive staking revenue.
The dropping count of Shiba Inu holders is an indication that investors are leaving this project for good. This is not good news for the SHIB investors, but it shows the availability of many other attractive projects than Shiba. Most of the leaving investors have been joining Bitgert coin, the biggest Shiba Inu competitor.
There are many things that the Bitgert project has accomplished that are making it very attractive to investors from other cryptocurrencies. Launching its own blockchain is one of the biggest reasons many crypto investors have been joining. With the Bitgert team planning to launch more products and projects, the number of Shiba Inu leaving and joining the Brise chain is going to keep increasing.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.