Cryptocurrency was projected to be a short term trend, just like most other trends. However, bitcoin and other cryptocurrency coins price have defied all such expectations and now, almost 10 years after their introduction, are used in a variety of different transactions, even by merchants selling different products and services of different price online.
This is surprising for many people, except for the investors who believed in the potential of cryptocurrency coins. In this article, we will be discussing the price of Shiba Inu meme coin and its projects for the year 2024 in the market online.
Shiba Inu was initially introduced as an ethereum based alternative to dogecoin. It is a decentralized coin, with a community led approach behind this coin, powering it. It is the 16th most popular coin in the cryptocurrency market, and has registered a rise in its price of 24.57% on the day of writing this article.
However, even with some rise in its price, the price at which it is available is low due to the number of coins in circulation. Even though it gained transactions quickly once because of its meme coin nature and the fact that it is hosted on the ethereum blockchain, it is not that favored by investors for investment purposes.
Bitgert coin, on the other hand, has performed better than Shiba Inu coin in terms of its price and it continues to be favored by investors over Shiba Inu for being the more return giving coin, for the investment put into it.
Supporting over 100,000 transactions per second, it offers better returns than Shiba Inu today. BRISE coin uses a proof of staked authority consensus mechanism that offers unique advantages to its users.
There is a very tangible reason why investors today prefer Bitgert coin over Shiba Inu coins, its stealthy coin to the top has not gone unnoticed by the investors. It is also a trustworthy and a reliable coin, preferred by investors both new and old in the world of cryptocurrency.
The best part about Bitgert coin is its non reliance on an intermediary for transactions, which ensures that your crypto coin remains safe, all the time.
Shiba Inu, the once popular memecoin, is now seeing a downfall as the investors are moving away from the unreliable coins like Shiba Inu in favor of better and more popular coins due to its price.
It offers many unique advantages for its holders and investors, which is why it is now a popular coin to invest in for its price for many people.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.