Shiba Inu, PEPE Coin, or Bitgert Coin: Which Crypto Holds the Most Potential?
Opposing Shiba Inu and PEPE coin, Bitgert’s BRISE coin makes a name amidst the bearish market.
Nearly every cryptocurrency has been facing the bearish claws of the market since last week. While high net-worth investors look towards improving their portfolio with large-cap tokens, small investors turn to coins like Shiba Inu, PEPE coin and Bitgert’s BRISE coin. The current bearish market has proposed an opportunity for investors to make gains from Shiba Inu, PEPE coin and Bitgert’s BRISE coin.
But what does the market say about investing in Shiba Inu PEPE coin or Bitgert’s BRISE coin? Let’s find out which token holds the most potential and where you can make the most returns.
Bitgert’s BRISE Coin
Bitgert was launched as a layer 1 blockchain network in 2021, since then the network has gained 600k community members and more than 25M transactions are completed on it. Bitgert hosts its native token, BRISE coin, for empowering every transaction and hosting decentralized projects like Miidas NFT marketplace, Omniaverse, BRISE Paradise, etc.
Bitgert is getting more attention in the community because of the ease of computation that it provides through using the PoA consensus mechanism. Moreover, the 100k TPS speed and near-zero gas fees attract more users to the Bitgert network. Bitgert’s BRISE coin is enjoying the benefits of trust building over Bitgert. BRISE coin is a BRC-20 token hosted on its own chain as opposed to the PEPE coin or Shiba Inu. Bitgert’s BRISE coin is a mid-cap token which has already jumped 40,000% since its launch. The deflationary mechanism of Bitgert’s BRISE coin increases demand for the token by reducing its supply from the market.
The market indicators associated with Bitgert’s BRISE coin also show it to be a better choice than the Shiba Inu and PEPE coin. An RSI score over 55 and a positive MACD score send out a strong buy signal for the token in the market. Then, the increasing trading volume and $0.0001 prediction against the current price of Bitgert’s BRISE coin also indicate that investors buy more of it against Shiba Inu and PEPE coin.
Shiba Inu
Shiba Inu happens to be a community-building cryptocurrency that is hosted on the Ethereum chain. Introduced in 2020, Shiba Inu entered the market as a meme currency killer and gained a lot of hype. The price of Shiba Inu multiplied by ten instantly and gave huge returns to the investors initially. Shiba Inu functions as a transactional token between individuals and also within businesses that accept it.
But currently, Shiba Inu has lost the hype it created due to a lack of utility in the blockchain community. Being hosted by another blockchain network, Shiba Inu does not provide much more than community engagement to the users. Shiba Inu can run smart contracts and work with decentralized applications though, but still lacks a clear vision.
The market performance of Shiba Inu is not great either. Shiba Inu and PEPE coin, both developed a name for themselves as meme currencies, which tags along with them in the market. The RSI score for Shiba Inu falls in an overbought region, making it clear to the market that a large dump of Shiba Inu is incoming. Also, the moving average and MACD value of the token imply a selling pressure in the market.
PEPE Coin
Lastly, out of Shiba Inu and PEPE coin, PEPE coin has developed more trust in the market. PEPE coin is an ERC-20 token which is also hosted on the Ethereum chain. The PEPE coin is useful in powering transactions over NFT marketplaces. PEPE coin is also used in community building by allowing peer-to-peer transactions. PEPE coin also works on the deflationary mechanism but has not been able to make much growth in the market using it. PEPE coin also lacks use cases in the blockchain community, which hinders the investments in PEPE coin.
PEPE coin is not performing well in the market either. A 20% fall within a week for PEPE coin has raised concerns amongst the buyers. There is also a selling pressure indicated by the RSI score and MACD value of the PEPE coin. So, out of the PEPE coin, Shiba Inu and Bitgert’s BRISE coin, only BRISE has a positive sentiment in the market, making it the obvious choice for investment.
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