The post Beyond the Hype: Bitgert Coin’s Higher Returns Over Shiba Inu Analyzed appeared first on Coinpedia Fintech News
Where the meme coin era is attaining new heights, more competitors are rising to threaten the legends of the market. Shiba Inu, the OG coin is being surpassed by its rival Bitgert. Although the BRISE price is too low, the coin is skyrocketing significantly. However, it is yet skeptical whether the soaring price is just some hype or it has real potential.
Reasons attributing Bitgert’s phenomenon
While the OG coin captured the market’s attention, in recent time Bitgert is notably delivering superior returns. One potential reason behind the growth is its rapidly fostering ecosystem. Known for its exceptional low gas fees and high transaction speed, the BRC20 blockchain behind the competitor of Shiba Inu has captured the attention of many users and developers. Comparing with the Shiba Inu network, launch of various products at a swift pace has might have attracted many investors.
Meanwhile, BRISE has also introduced a bridge enabling seamless transactions between stablecoins and its own blockchain. Such enhanced usability broadens the appeal of the network fueling the entire ecosystem.
The recent collaboration with Centcex, a project incubator, is acting as the biggest catalyst of the current bullish price rally of BRISE. Such collaborations are expected to accelerate the growth of the entire BRC20 ecosystem, potentially leading to further appreciation in value of the coin.
Shiba Inu and BRISE are yet young
With the crown of meme coin, both BRISE and Shiba Inu have a small track record in the industry. However, Shiba Inu has already enjoyed immense popularity in 2021, whereas Bitgert has recently begun to grab the attention with its superior price rally. Although BRISE has a small establishment it has demonstrably surpassed SHIB.
On one side BRISE has BRC20 with higher scalability features, Shiba Inu is suffering on the Ethereum chain with higher gas fee and slow transaction speed. Despite its recent bearish momentum, Shiba Inu holds a larger market capitalization with a wider investor base due to established presence. Although BRISE has more potential, SHIB’s established presence could allow for quicker rebounds based on positive sentiments.
Price performance
SHIB is witnessing a downtrend over the past couple of months, and has registered a rise in its price of 27.35% at the time of writing this article. However, the current price of Shiba Inu is low, even though it gained transactions quickly because of its nature. On the other hand, BRISE coin price has witnessed a rise of 15% in the last 24 hours, and is continued to be favored by investors for being the more return giving coin.
With low gas fee and better transaction speed, BRISE coin can support 100k transactions per second. And the most tangible reason for investors to prefer the coin over other OG coins is its non reliance on an intermediary for transactions which ensures safety making a choice to both new and old investors. To learn more about Bitgert coin, visit – https://bitgert.com