Shiba Inu investors have nothing to be happy about in 2022 because the coin has been crashing non-stop. $SHIB has also been outperformed by many newer projects, with Bitgert (BRISE) being one of the cryptocurrencies that have given it tough competition.
Bitgert has not only overtaken Shiba Inu hype but also attracted its investors, including Shiba whales. The past 30 days had seen the Bitgert price skyrocketing while Shiba Inu was crashing. Read more below the developments that led to Bitgert overtaking Shiba Inu hype:
The past 30 days saw Bitgert post the biggest price increases in 30 days. During the past 30 days, the Bitgert coin killed a zero to post $0.000001752, which is the current Bitgert ATH. Bitgert overtook the Shiba Inu hype over the past 30 days, and this can be seen from the price growth for both coins. It can also be seen from the movement of the crypto community between Bitgert and Shiba Inu.
The Bitgert blockchain is the first zero-cost gas fee chain and the fastest chain with its 100k TPS. These features made Bitgert the most attractive blockchain, and adoption of this chain has been growing fast in the past 30 days. Being the fastest and cheapest chain will create mass adoption of the Bitgert BRC20 blockchain, which will, in return, skyrocket the Bitgert price.
Centcex is still a new crypto project without a product launched yet but designed to attract investors. Centcex is one of the few projects designed to attract millions of users and, at the same time, make token investors rich.
The Centcex team is making all this possible by developing an unlimited number of attractive blockchain-based products. The idea is to have millions of users on the Centcex ecosystem, which will create unending demand for the Centcex coin as well as generate massive staking revenue.
Shiba Inu has a number of factors dropping its hype, and one of them is the lack of the next big move. This is a meme coin that skyrocketed because of marketing rather than utility, and this is the biggest problem Shiba is facing now. Therefore, Shiba Inu cannot compete with the Bitgert coin because it lacks the utilities to attract investors. That's why the team has been working on products.
The Shiba Inu team needs to work on the project utility and deliver the products fast. Otherwise, the hype is going to keep dropping, and the coin might eventually be killed by Bitgert and other attractive crypto projects. However, the Shiba Inu team has been building products, but the delivery has been slow.
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