Shiba Inu To Become Next Terra Luna If Whales Doesn’t Stop Selling

Key Points:

• Shiba Inu has dropped 25% in the past 24hrs, and 50% in 7 days
• Shiba Inu might continue dropping in the coming days
• Bitgert is proving a more stable project during this bear market

Terra LUNA has crashed 98% in 24 hours of this writing. So many investors are counting losses after this massive drop that pushed LUNA from the top 10 largest coins to #200 at this writing. LUNA is still dropping. The focus has shifted to Shiba Inu, another coin doing badly during this bear market.

Shiba Inu was down 25% for the last 24 hours of this writing. The SHIB has also dropped 50% over the past 7 days. That's how badly this coin has been doing in the market. But Shiba Inu has not just started plummeting with the current bear market. The coin has been plunging over the past 6 months.

The biggest problem for the Shiba Inu is selling whales. Whales are the reason why the Shiba Inu price has been tanking. The current SHIB price was seen last in early October 2021.

The bad news is that Shiba Inu might continue plummeting and probably become the next Terra Luna if its whales do not stop selling. That's how bad things are for the SHIB investors. However, it is important to mention that the bear market is not the only reason why Shiba Inu is plunging.

This is because crypto projects like Bitgert (BRISE) have not experienced the kind of plunge that Shiba Inu has. In fact, Bitgert has been skyrocketing for the past 6 months. During the current bear market, Bitgert has maintained a stable price.

Bitgert, unlike Shiba Inu, is a real utility project that is growing fast because of the powerful project the team is developing. Bitgert is currently building a blockchain ecosystem. There are already several Bitgert products launched, but the Bitgert BRC20 blockchain has been the major product so far.

The Bitgert team just launched the widely anticipated roadmap V2, which has the DeFi, NFT, and Web products. The Bitgert team also announced a partnership with Centcex to build products for the Bitgert ecosystem. There are a lot more exciting developments coming up with 1000+ Bitgert Startup Studio projects expected to grow Bitgert adoption.

The bottom line is that Shiba Inu depends on whales holding to avoid crashing like Terra LUNA. However, Bitgert is expected to maintain a stable price during this bear market. So, Bitgert will be the crypto project to watch.