No More Belief in Dogecoin or Other Coins, Investors has Become Aware that Meme Coins are Pump and Dump

No More Belief in Dogecoin or Other Coins, Investors has Become Aware that Meme Coins are Pump and Dump

Bitgert has been among the top projects that Dogecoin and many other meme coins investors have been joining

Key Points:

  • Meme coins hype is dying and might never make a comeback
  • Real utility projects, like Bitgert, are gaining more traction
  • Dogecoin has now plunged for 12 months

Dogecoin hype is fast fading. Despite the massive influence that the likes of Elon Musk have on Dogecoin, the enthusiasm around this coin is dying fast. That's why Dogecoin has lost over 80% of its value in the past 12 months.

The massive price drop is an indication that investors have been withdrawing from Dogecoin and probably joining solid projects with a real utility like Bitgert. The Dogecoin is one of the first meme coins in the industry that was just started as a fun coin.

With no real utility, Dogecoin and many other meme coins became less attractive after the massive 2021 bullish market, where they were unable to keep up the growth momentum. From their 2022 ATH, these meme coins, including Dogecoin, have been crashing.

But Dogecoin is not the only meme coin that is losing traction. Like Dogecoin, other coins like Shiba Inu have also posted huge price drops. There is a feeling that meme coins might never make a comeback and have simply become pump and dump coins.

Crypto investors, including Dogecoin holders, are selling off their meme coins to join solid projects that have real utility, like Bitgert (BRISE). In fact, Bitgert has been among the top projects that Dogecoin and many other meme coins investors have been joining. Here is something about Bitgert you need to know:

Bitgert

Bitgert has been among the crypto projects doing very well in the market. What makes Bitgert popular is the kind of crypto project the team is building. Bitgert is building an ecosystem that has a range of game-changing blockchain products.

The Bitgert products span from DeFi, NFT to Web3. Some of the major products were launched in the completed roadmap V1. The Bitgert BRC20 blockchain is among the most disruptive products that the Bitgert team has launched so far. The Bitgert blockchain is still the fastest chain at 100k TPS, but its zero gas fee feature is the most exciting thing.

The Dogecoin and other crypto investors are, however, being attracted by the upcoming Bitgert development. The Bitgert roadmap V2 and the Centcex partnership that will bring unlimited products to the Bitgert ecosystem are some of the major developments. The Bitgert Startup Studio and its 1000+ projects also attract Dogecoin investors to join Bitgert.

In conclusion, it is true that Dogecoin and other meme coins hype is dying fast. But the good news is that there are solid projects like Bitgert that are offering good returns to investors.

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