Shiba Inu coin has posted an impressive performance for the past few days, with the charts showing a 17% increase in 2023. However, even with this impressive performance, $SHIB investors’ confidence has been declining rapidly. This is why the number of active wallets has been falling, and the number of selling investors has increased rapidly.
Shiba Inu losing 70% of its value in the last 1 year has hit the investor’s confidence hard even today. Not even the current upsurge is attracting more investors like Bitgert (BRISE) is doing. Looking at the Bitgert growth rate in terms of new holders, it is clear that it is doing better than Shiba Inu.
Investors have been complaining about the Shiba Inu project lacking utility. This project started as a meme coin, and even if the team has been trying to give this coin some utility, not much has been achieved. That’s why SHIB was one of the biggest losers in the crypto market last year.
The past few weeks have seen the number of SHIB whales moving to Bitgert increase rapidly. According to the crypto analyst, the Bitgert coin is showing more potential to make investors good returns this year. That’s why whales from almost all the big coins in the market have been hovering over Bitgert.
Bitgert Developments Attracting A Lot Of Crypto Whales
Bitgert (BRISE) has distinguished itself as the blockchain project that is addressing issues in the market today. In fact, looking at the model of the project that the team is building, they are working towards providing solutions to limitations hampering the adoption of crypto in the mainstream market.
The Bitgert BRC20 blockchain was launched early last year and has addressed the scaling and transaction cost issues on the blockchain. It has a zero gas fee chain and a throughput of 100,000 tps. The team is now providing the crypto community with blockchain-based products that are running on this revolution chain.
Bitgert CEX, which is the first crypto exchange offering ‘zero trading fee,’ has attracted the attention of the Shiba Inu whales. They are also watching the impact that Paybrise is going to have on this coin. These whales are also eyeing the Bitgert DEX and decentralized marketplace, which are in the development stages. The growing partnerships are also making $BRISE super attractive.
Bottom Line
Bitgert has got everything to attract more Shiba Inu investors, including whales, with the ongoing developments. This is a cryptocurrency that has the potential to increase its value several folds in the next few days. That’s why whales are hovering over Bitgert today.