Opposing the claws of a bear market, Bitgert’s BRISE coin shines out with great future predictions in the market.
The cryptocurrency market portrays its volatility every now and then as it has now turned bearish after a great start in 2024. Investors turned towards smaller currencies like Shiba Inu and PEPE coin hoping for larger returns but are now confused about where to put their money. Shiba Inu and PEPE coin have both plunged by nearly 20% in the last week alone.
But, if you are looking for a currency that has still given hope to the market, then Bitgert’s BRISE coin comes on top. Compared to the Shiba Inu and PEPE coin, Bitgert’s BRISE coin has performed significantly better. Bitgert’s BRISE coin has managed to reduce the fall in price while also getting great market fundamentals.
Let’s take a deeper look at how Bitgert’s BRISE coin compares to Shiba Inu and PEPE coin to give promising returns.
Bitgert’s BRISE coin
The Bitgert network is a layer 1 blockchain solution working towards modernizing the whole decentralized finance community. Bitgert was launched in 2021 and since then, it has gained more than 600k community members. The number of transactions over Bitgert has already crossed the mark of 25M owing to the near-zero gas fee for transactions. Also, Bitgert has the fastest transaction speed at 100k TPS, making it clear that Bitgert is here to change how the blockchain community works.
Bitgert’s BRISE coin was earlier looked at as a meme currency like Shiba Inu and PEPE coin, but the utilities shown by it clear that Bitgert’s BRISE coin is much more. Bitgert functions using the PoA consensus mechanism making transactions far more easier and efficient to execute. On the other hand, Bitgert’s BRISE coin supports the projects hosted on the network and the transactions occurring on it.
The market indicators like RSI score and MACD value also clearly entail buying pressure amongst the investors in the market for Bitgert’s BRISE coin. Unlike the Shiba Inu and PEPE coin, the trading volume of Bitgert’s BRISE coin is still increasing. The weekly moving average of Bitgert’s BRISE coin portrays a buy signal to the investors, making it a promising choice between Shiba Inu, the PEPE coin and itself.
Shiba Inu
Looking at Shiba Inu, it is clear that it has gotten off the hype that the currency was riding. Shiba Inu has become a meme coin in the community as it lacks many utilities. Shiba Inu came into the market as a certain meme currency killer but the promotions and Shiba Inu’s image turned Shiba Inu into a meme currency itself. Shiba Inu is based on the Ethereum chain like the PEPE coin while Bitgert’s BRISE coin runs on its own network. Also, Shiba Inu does support smart contracts on the network while also being available as payment options at businesses that allow it.
The market indicators oppose investing in Shiba Inu as its RSI score stages a strong sell signal in the market. Shiba Inu’s trading volume has been falling too for the last week which shows not much trust in the coin. Shiba Inu and PEPE coin, both have poor moving averages too since last week.
PEPE Coin
PEPE coin was looked at in a good light too when the currency was performing well in the market. PEPE coin is based on the Ethereum network and is an ERC 20 token. PEPE coin has gained more trust in the community through its peer-to-peer transactions and utility as a payment option. PEPE coin also has a redistribution system which shares part of overall PEPE coin transactions with the community. PEPE coin emphasizes community development and powers NFT marketplaces too.
However, the market performance of both the PEPE coin and Shiba Inu has gotten investors on the back foot. Similar to Shiba Inu, the RSI score of PEPE coin sends out a selling signal to the market. PEPE coin does not build trust with its falling weekly moving average and MACD score too. So, it is clear that the market favours Bitgert’s BRISE coin over Shiba Inu and PEPE coin for investment.
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