Shiba Inu Listed on Robinhood, it is Said to Drop Price Again

Shiba Inu Listed on Robinhood, it is Said to Drop Price Again
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The Shiba Inu also need to get the gas fee reduced by bridging with cheaper blockchains like Bitgert

Robinhood announces Shiba Inu among the cryptocurrencies that have been listed on its exchange. Other cryptocurrencies that got listed on this online broker company platform are Compound (COMP), Polygon (MATIC), and Solana (SOL). The Robinhood listing saw the Shiba Inu cryptocurrency price surge yesterday, and the coin has been doing very well.

But this surge might be short-lived because the Shiba Inu price is expected to start dropping again. In fact, today, the coin has lost some of the gains it made yesterday. This is not the same with the Bitgert (BRISE), which has been doing well and is expected to do well even going forward. Read more about these cryptocurrencies:

Bitgert

Before we look at the reason why the Shiba Inu price might drop again, let's look at Bitgert, one of the cryptocurrencies doing very well in the crypto market today. Bitgert has been skyrocketing for the entire Q1, and it is still doing well in Q2. There are a number of things that makes the Bitgert project stand out, and the disruptive products and projects are one of them.

The powerful Bitgert BRC20 blockchain, hundreds of Startup Studio projects, and the developments on the updated Bitgert roadmap V2 are why Brise price will continue skyrocketing. There are many game-changing products that are coming up, including Paybrise, Bitgert centralized exchange, Web 3.0 products, and many others.

Shiba Inu

Unlike Bitgert, Shiba Inu has not built a solid utility. So one of the things the team must do is to address the issue of utility by developing products fast. There are so many products that have been introduced but are still under development. The team needs to build the NFT marketplaces, the metaverse (Shiberse), and all major products.

The Shiba Inu also need to get the gas fee reduced by bridging with cheaper blockchains like Bitgert. This will help increase the volume of transactions, which is going down very fast because of the expensive Ethereum gas fee. These are key things that might help bring Shiba Inu avoid dropping the price again.

Centcex

We've added Centcex to this list because we believe it is one of the cryptocurrencies that will make its investors rich this year. Like Bitgert and a few other cryptocurrencies that are working on developing the largest utility, Centcex might be the next force to reckon with in the market. The Centcex team, in the whitepaper and also on the official Centcex website, has promised to build an unlimited number of products for this ecosystem.

With the hundreds of products on the Centcex system, the Centcex project is expected to have the largest number of users, probably in tens of millions. This means fast-rising Centcex price as well and a huge staking incoming due to massive revenue generated by these products. That's why this might be one of the best crypto investments of 2022.

Disclaimer: The information provided in this article is solely the author's opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.

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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.

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