

After posting probably one of the biggest price spikes in the Q3 of 2022, Lovely Inu (LOVELY) has been on a downward trend for the past 2 weeks of this writing. Lovely Inu price increased by 100x to kill two zeroes in a period of 10 days, something no other coin has managed to reach in Q3.
The $LOVELY price rose from $0.00000004737 on 19th July to $0.0000011 by 1st August, and from then, the coin has been plummeting. At the time of this writing, the $0.0000003668, which is a 66% decline from the ATH. This means that the holders that bought the Lovely Inu coin at the ATH they recording massive losses.
The bad news is that Lovely Inu's price shows no sign of recovering from this decline this week, even with the Lovely Inu team releasing more products after the LOVELY launchpad and V3 swap. The LOVELY wallet and blockchain are some of the products coming up soon.
However, these developments will not make Lovely Inu better than Bitgert (BRISE), one of its biggest competitors. Bitgert has been posting impressive growth in the past few months, where the coin grew by a massive percenter. Here is more about Bitgert:
The Bitgert price is going to do better than Lovely Inu because of the mass adoption of the Bitgert project. Important to note is that Bitgert is already delivered most of the products that Lovely Inu is planning to build. The Bitgert BRC20 blockchain is already launched, and the Bitgert wallet was launched in 2021.
In terms of upcoming developments, Bitgert has so much coming up. The Bitgert roadmap V2 products will definitely be a big deal. The 100s of the Startup Studio projects coming on the chain are making Bitgert BRISE more attractive than $LOVELY.
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