Investor’s dilemma: Shiba Inu, Pepe or Bitgert?
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In a volatile crypto market, Bitgert’s BRISE coin stands out, defying the bearish trend with resilience and promising returns. While Shiba Inu and PEPE falter, Bitgert’s blockchain solutions and solid fundamentals attract investors seeking stability and growth.
The cryptocurrency market witnessed a promising start in 2024 with soaring prices and substantial returns for investors.
However, the current bear market has introduced corrections, affecting tokens like Shiba Inu and PEPE Coin, both experiencing nearly a 20% decline.
Amidst this volatility, Bitgert’s BRISE coin has defied expectations by maintaining stability and garnering optimistic forecasts despite market downturns. Let’s explore what sets Bitgert’s BRISE coin apart.
Bitgert’s BRISE Coin
The BRISE coin is a token of the Bitgert blockchain network. Bitgert is a layer 1 blockchain that offers modernizing solutions for optimizing blockchain technology.
Bitgert has its own network, which Shiba Inu and PEPE coin do not, and uses the PoA consensus mechanism to reduce dependence on many validators.
Also, the transaction speed at Bitgert is around 100k TPS, with near-zero gas fees for the transactions.
Owing to such great features, Bitgert has attracted major DeFi projects, including the Miidas NFT marketplace, Omniaverse, Startup Studio, etc.
The BRISE coin is a currency used within the whole Bitgert network, allowing easy, efficient, and fast transactions.
Compared to the Shiba Inu and PEPE coins, Bitgert’s BRISE coin has a buying pressure dictated by the MACD value and moving averages.
The RSI score is above 55 and increasing trade volume also suggests a potential rise in the future as Bitgert’s BRISE coin also aims to touch $0.0001 soon while Shiba Inu and PEPE coin seem to be falling further.
Shiba Inu
Shiba Inu became a hot commodity in late 2020 when it was dubbed the meme coin killer. It is based on the Ethereum network and is primarily a community engagement-based currency.
Shiba Inu can also host smart contracts and support the development of decentralized applications on its network. Shiba Inu is also used for peer-to-peer transactions and within businesses that allow it.
However, Shiba Inu has gotten off the hype train it was riding. People have understood that Shiba Inu does not have much utility and, therefore, pulling out their money from the Shiba Inu ecosystem.
The RSI score of Shiba Inu is even worse than that of the PEPE coin and strongly suggests selling pressure in the market. If you are confused about investing, just check the moving averages, which clearly show that the market inclination is towards selling Shiba Inu.
PEPE Coin
The second hyped currency, the PEPE coin, has gained the trust of its users by creating a platform to sell NFTs and use smart contracts.
PEPE coin is also based on the Ethereum network and is an ERC-20 token, which makes it a secure currency.
The deflationary mechanism of the PEPE coin has made some progress in increasing the price of the PEPE coin in the market. However, the major issue of being a small-cap token with little utility still lingers upon the PEPE coin.
The market fundamentals of the PEPE coin are also off the mark, as the PEPE coin fell more than 20% in the last week. Indicators like RSI being below 50 and decreasing trading volume suggest holders sell their investments, too.
Now, if you are looking for investment in any of these tokens, Shiba Inu, PEPE coin, or Bitgert’s BRISE coin, then you should check their MACD score, moving average, and other indicators.
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