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Shiba Inu Transactions Reduced By 50%, Whales Buying Bitgert

Written By : Market Trends

There is no doubt that Shiba Inu has been dropping on almost everything, including the price, holders count, and the number of transactions. In fact, the number of transactions on the Shiba coin has dropped by 50% in the past few weeks.

During the same time Shiba was plunging, Bitgert (BRISE) has been performing extremely well, with the coin growing several folds. In fact, whales from even Shiba Inu have been joining Bitgert because of the impressive growth the coin has been experiencing. Here is more about the Bitgert project:

Bitgert

Whales and thousands of small investors have been joining Bitgert over the past few weeks. The count of the holders, price, and the marketcap of this project skyrocketed immediately after the launch of the BRC20 blockchain. This is the first gasless chain after the Bitgert team lowered the gas fee to $0.0000000000001.

Bitgert chain reached a throughput of 100k TPS, making it the fastest ever chain in the industry today. But the Bitgert team is doing more by developing multiple products for the chain, with the Brise exchange coming soon. There will also be over 1000 projects built on the Bitgert Startup Studio running on the Brise chain.

The Bitgert roadmap V2.0, which includes the metaverse product, is about to launch. These are developments making even the Shiba Inu whales join Bitgert.

Centcex

If looking for a perfect crypto investment that is still in the formations stage and with a huge potential to increase several folds, then Centcex might be the best choice after Bitgert. There are many features that make the Centcex project stand out, and fast development is one of them.

The Centcex team has accomplished so much in the four months the project has been around. Among the milestones that have been achieved is the development of the products, with the Centcex exchange being in the last development stages.

But the Centcex whitepaper is saying that the team is developing an unlimited number of projects. That's why thousands of crypto investors are buying Centcex because of the huge profits due to the massive number of products.

Shiba Inu

The Shiba Inu has been one of the crypto coins that have been plunging non-stop in 2022 when the likes of Bitgert have been mooning. The project started plummeting in Q4 2021 and has been doing badly ever since.

But there is more to the Shiba Inu 50% drop in transactions than the plunging market. That's why it is one of the crypto coins that is dropping the number of holders, reducing transaction volumes, and also consistently dropping the price.

The biggest challenge for the Shiba Inu cryptocurrency is the lack of utility because this is a meme coin. It was built on hype, which is long gone, and nothing else sustains the growth. That's why it is being outperformed by Bitgert and many other utility projects that are still mooning.

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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

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