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The Shiba Inu hype is dying slowly, and it is clear that investors are not giving it much attention. The fast-reducing number of transactions of the Shiba Inu is a sign that things are not good. The crypto coin is losing traction at a fast rate.Though Shiba is still one of the largest cryptocurrencies, currently at #14 of the top largest cryptocurrencies by marketcap, it might be overtaken by the fast-growing Bitgert project. Bitgert has already reached a $500m marketcap. Here is more about Bitgert and how it is overtaking Shiba Inu:
There is every indication that Bitgert is going to be one of the biggest cryptocurrencies in the industry. The launch of the BRC20 blockchain, which is a zero gas fee chain, has given Bitgert the push it needed to overtake all the cryptocurrencies previously considered its competitor. Among them is Shiba Inu, which is yet to develop its own blockchain despite being older than Bitgert.
The Bitgert BRC20 blockchain is a game-changing chain because of its zero gas features and also the fastest speed. Brise chain is the fastest blockchain today at 100k TPS, which is faster than Solana's 65k TPS. The Bitgert team also plans to have 1000+ on the ecosystem in the next 365 days. The Bitgert centralized exchange is launching in Q1 and is expected to promote mass adoption of the Bitgert chain. With all these features and products, Bitgert is going to easily overtake Shiba Inu.
Apart from Bitgert, crypto investors should also take a look at the Centcex project. This is a new project that is proving a perfect crypto investment for those looking for long-term investment. The Centcex team is working on building a project with the biggest number of products. Maybe thousands of Centcex products in the coming years.
The Centcex project's objective is to have as many quality products as possible on the chain. These products will generate revenue that will be distributed to all the investors who have staked their tokens. That's what makes Centcex one of the most exciting projects to invest in today.
The Shiba Inu has been one of the biggest cryptocurrencies, but the recent developments have seen the coin slowdown in terms of growth. The number of Shiba transactions has been dropping by huge percentages in 2022. The marketcap for this cryptocurrency has also been dropping over the last few months.
The slow development of the Shiba products has been cited as one of the reasons why new projects like Bitgert are outperforming the project. Bitgert BRC20 blockchain is one of the products that will make this project overtake Shiba Inu. The Shiba team must develop more products to make the cryptocurrency competitive again
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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.
