Several crypto projects are causing panic in the industry because of their poor performance. Shiba Inu is one of these cryptocurrencies since it has been plummeting for 5 months straight. But it looks like SHIB might continue doing badly, according to the crypto experts.
According to a recent report by crypto experts, the Shiba Inu might continue plummeting because its hype has been decreasing quickly. The team also seems to be doing less to rejuvenate it. Here is more about Shiba Inu and two exciting projects that crypto experts say will do well this year:
Before we look at why Shiba Inu might continue plummeting, let's look at Bitgert (BRISE), one of the cryptocurrencies crypto experts said to be among the best performers this year. Several factors are making Bitgert stand out as an ideal investment. Fast growth and development are some of them.
The Bitgert team has delivered this project faster than any other project launched in 2021. The team has released multiple products, with the Bitgert BRC20 blockchain being the most exciting product. This is the world's first gasless blockchain, which is also currently the fastest chain. The blockchain is one of the major reasons why the Bitgert price has been skyrocketing.
But it is the huge collection of projects joining the Bitgert ecosystem that is currently skyrocketing Brise price. There are 100+ projects that will join Bitgert Start Studio this month, and the team plans to have over a thousand (1000+) projects in the next 365 days. Bitgert is definitely a project to watch.
Centcex project has been making moves in the crypto industry that has made many compare it with the likes of Bitgert. A lot of factors are making Centcex stand out, and one of them is the fast pace at which the team is delivering the project. Apart from that, crypto investors have been hugely attracted by the huge number of products that are coming to the Centcex ecosystem.
According to the information the team has been dispatching through the website and whitepaper, the Centcex team is building the largest number of crypto products for its ecosystem. Probably hundreds of them. The reasons why this is such a huge attraction are the massive adoption of the Centcex ecosystem and the massive revenue for stakers. This is what makes Centcex project exciting.
Crypto experts say that Shiba Inu might continue to plummet, but this is not news because it has been plummeting for the past 5 months anyway. The Shiba coin problems emanated from the fact that the project started as a meme coin. It has had no serious project but just grew by hype.
Since the hype reached its peak in late October, the Shiba Inu coin has been plummeting non-stop. Recently, things have gotten worse as the investors have been leaving the Shiba project. This is why the number of SHIB holders has been reducing. If the team does not build the utility like Bitgert, Shiba Inu will continue to plummet. This is because the hype is decreasing rapidly.
Disclaimer: The information posted in the article is for educational purposes only. By using this, you agree that the information does not constitute any investment or financial advice. Do conduct your own research and reach out to financial advisors before making any investment decisions.
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