Those who have been following the crypto market for the last few weeks must have noticed a consistent dropping performance of Shiba Inu. This drop has been recorded during a time when Bitgert, one of the biggest Shiba Inu competitors, has been doing very well.
The Shiba Inu transactions have dropped by 50% over the last 60 days, and the market value of SHIB has been dropping. This is after Bitgert launched its zero gas fee blockchain. Read more below about this game-changing Bitgert chain and how it is killing Shiba Inu hype:
The Bitgert zero gas fee blockchain is the talk of the industry now, almost two weeks after the chain was launched. This is because the Bitgert chain has provided a practical and permanent solution to the costly gas fees, which has been a big problem. The gas for transacting tokens on the Bitgert chain is $0.0000000000001, the lowest that any network has ever offered.
The Bitgert BRC20 blockchain is also the fastest in the market after the network pushed past the Solana 65k TPS to reach the historic 100k TPS. These are some reasons why the Bitgert crypto project is dwarfing Shiba Inu in performance. With its own blockchain, which is the fastest, cheapest gas and also a fast-growing product, Bitgert is becoming a tough competitor to all cryptocurrencies.
There has been obvious growth in demand for Centcex products. There are a number of things that have been making Centcex attractive to investors even before the project launches the first product. The roadmap and the whitepaper of the Centcex project are what is selling it. In fact, the project started and immediately posted millions of dollars in marketcap.
The huge number of crypto applications the Centcex team has put in the roadmap is the biggest potential for the project. The Centcex chain is going to host an unlimited number of products. In addition to that, there is a 100% APY staking revenue for the staked Centcex tokens. These are just some of the reasons why the crypto community is loving this project.
The rate at which the Shiba Inu team is developing the products for the network might not compete with Bitgert. The team has not released its own blockchain yet, but Bitgert has BRC20 blockchain, which is now the fastest and has the lowest gas in the industry. These are features attracting more investors to join Bitgert than Shiba.
The Shiba Inu team needs to release more products, and more so, develop a blockchain for its network. The team will also need to build more products that will rival the Bitgert Startup Studio and well a powerful metaverse product. With the utility, the hype might start coming back.
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