Market update: Shiba Inu vs Pepe vs Bitgert Coin
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Bitgert’s BRISE coin demonstrates remarkable resilience amidst market turmoil, contrasting with declines in Shiba Inu and PEPE coin. This suggests potential opportunities for investors seeking stability in volatile markets.
The correction in the crypto market trickled down nearly all the currencies, even Shiba Inu and PEPE coins. Shiba Inu and PEPE coin fell about 10 to 20% in the last week.
Now, people are searching for currencies that could get them returns even in the bear market. Bitgert’s BRISE coin seems to be standing strong even in this falling market.
As opposed to Shiba Inu and PEPE coin, people can make huge returns from Bitgert’s BRISE coin as it is already up by nearly 70% since last month.
Bitgert’s BRISE Coin
Bitgert’s BRISE coin opposes Shiba Inu and the PEPE coins. Many people assumed Bitgert’s BRISE coin was just another meme token like the Shiba Inu and PEPE coins.
However, Bitgert, the native chain of the BRISE coin, produced multiple real-world use cases in its ecosystem. One of the biggest benefits of using Bitgert is the fastest transaction speed of 100k TPS. Bitgert also records transactions at near-zero gas fees.
The mass adoption of the Bitgert chain to host projects and develop other sub-chain networks is also leading Bitgert’s BRISE coin to the rise.
Compared to Shiba Inu and PEPE coin, Bitgert’s BRISE coin is already up by 40,000% since its launch in 2021. Now, the market stats for Bitgert’s BRISE coin are also golden, such as the RSI score stating a buy signal in the market.
The MACD score and moving average also tell that traders feel buying pressure about Bitgert’s BRISE coin. So, investing in Bitgert’s BRISE coin seems to be highly profitable for investors, rather than Shiba Inu or PEPE coin.
Shiba Inu
You must have heard of the famous ‘DOGE Killer’ that rode the hype during 2020-2021. Shiba Inu happens to be a community-building cryptocurrency over the Ethereum blockchain network.
The Shiba Inu ecosystem is capable of running decentralized applications and smart contracts. But, the major use of Shiba Inu has been like a meme currency, opposing other meme tokens.
After riding the meme wave, Shiba Inu has been relevant in peer-to-peer transactions and payment transfers within businesses that accept Shiba Inu tokens.
Talking about the crypto market, Shiba Inu too rode the bull in 2024 but has now fallen victim to the correction. The RSI score of Shiba Inu states a strong sell sentiment in the market. Shiba Inu does not look good regarding moving averages either as they point out a ‘sell pressure’ amongst the traders.
PEPE Coin
Another famous meme currency that rode the wave is the PEPE coin. But unlike Shiba Inu, the PEPE coin was not built to beat any other meme currency.
PEPE coin is built as an ERC-20 token on the Ethereum network that many users trust. Users have developed trust in the PEPE coin because of its deflationary mechanism. Every time a transaction is made on the PEPE coin ecosystem, some of the PEPE coins are burned to reduce the supply in the market.
However, the PEPE coin has failed to rise significantly in the last one or two weeks. Investors do not feel secure, as the PEPE coin’s moving average is not on the positive side.
Also, the RSI score and MACD value dictate that selling pressure is created in the market. PEPE coin is already down by 17.3%, which is even higher than the Shiba Inu.
The current market statistics favor Bitgert’s BRISE coin, suggesting investors buy this token rather than Shiba Inu or PEPE coin.
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