Shiba Inu Has Burned $4 billion worth of SHIB, But Still Can’t Beat Bitgert Performance

Key Insights:

• Shiba Inu' burn portal' is still burning more SHIB with tens of trillion tokens burned
• Bitgert price performance has been superb in the past week due to the mass adoption
• The Bitgert team still has massive developments coming up

The Shiba Inu coin performance has been dismal in the past few weeks, but for the last few days, the price has been stable. Shiba Inu has maintained a $0.00001 for the last few days after killing the fifth zero. However, a lot of developments have been going on at Shiba Inu, with tokens burning being among the most discussed topic.

The recent announcement from the Shiba Inu team is that over 410 trillion SHIB tokens have been burned since the launch of the Shiba' burn portal.' However, these tokens, which worth has been put at $4 billion, have not had the expected price impact. In fact, Shiba Inu has been unable to beat its closest rival, the Bitgert (BRISE).

Even without such a huge burn, Bitgert has managed to post a better price performance than the Shiba Inu. The massive supply and the Shiba Inu coin lacking utility are reasons why Shiba Inu is still doing poorly in the market.

Bitgert is doing better than most coins, not just the Shiba Inu coin. The bullish performance of the Bitgert coin is one of the reasons the Bitgert hype has been growing exponentially. Bitgert project's massive adoption is the reason Bitgert has been doing pretty well than Shiba Inu.

But the Bitgert mass adoption comes from the impressive blockchain products that Bitgert is building. The Bitgert ecosystem is super disruptive, which is why adoption has been super high. Among the products that crypto analysts say are driving the Bitgert price surge is the Bitgert BRC20 blockchain.

The launch of the Bitgert blockchain skyrocketed the Bitgert price. The chain adoption rate is still the best, and this is why it is a factor in the surging Bitgert price. The mass adoption of the Bitgert bridge and the newly launched USDT/USDC bridge are other reasons why Bitgert is doing well.

But there are many new products and projects joining the Bitgert ecosystem that are attracting crypto investors. There will be a lot of products from Bitgert roadmap V2 and projects from the Bitgert Startup Studio. Therefore, Bitgert still holds the potential to do better than Shiba Inu even in the next few weeks.