Opposing the bearish market, Bitgert’s BRISE coin comes out on top as the best investor choice.
Shiba Inu, PEPE coin and Bitgert’s coin are looked upon by the investors as comparable choices for investment. The current bear market has put all three, Shiba Inu, PEPE coin and Bitgert’s BRISE coin in a battle to attract investment. While most of the currencies have fallen owing to the bearish market, Bitgert’s BRISE coin has still held its roots. Shiba Inu and PEPE coin, on the other hand, have fallen more than 20% in the last week alone. So, the battle of cryptocurrencies between Shiba Inu, PEPE coin and Bitgert’s BRISE coin comes down to use case relevance and market sentiment now.
Let’s look at what these currencies have to offer and who wins this battle between Shiba Inu, PEPE coin and Bitgert’s BRISE coin.
Bitgert’s BRISE Coin
Bitgert’s BRISE coin, as the name suggests, is the token hosted by the Bitgert network. The Bitgert network was launched in 2021, as a layer 1 solution to fix current issues in blockchain technology and modernize the use of blockchain. Bitgert quickly gained momentum in the market with its use of the PoA consensus mechanism along with faster transaction speed. The PoA mechanism allows blocks to be added without validation from a large number of validators. On the other hand, 100k TPS speed attracts multiple DeFi projects as well. Currently, Bitgert hosts projects with huge cash flow such as Startup Studio, Miidas NFT marketplace, Omniaverse, etc.
All these benefits of Bitgert have helped the BRISE coin generate massive support. In one month, Bitgert’s BRISE coin has risen by over 70%. Even in this bear market, the weekly RSI score of Bitgert’s BRISE coin is over 55, suggesting investors buy more tokens. As opposed to Shiba Inu and PEPE coin, Bitgert’s BRISE coin has positive MACD and trading volume too. So, the token has a higher possibility of exponential returns compared to the Shiba Inu and PEPE coin.
Shiba Inu
The Shiba Inu token entered the market in 2020 with the sole aim of becoming a DOGE killer token. Shiba Inu is hosted on the Ethereum chain, unlike Bitgert’s BRISE coin. The use case of the Shiba Inu token is very limited, even less than the PEPE coin. Shiba Inu is a decentralized token with the aim of community building. Shiba Inu supports smart contracts and can also be used for decentralized applications. But both, Shiba Inu and PEPE coin cannot host projects on their own networks.
The market performance of the Shiba Inu token is not great either. Shiba Inu has fallen by nearly 10% in one week alone. The indicators like RSI score and MACD value are also on the opposing side of Shiba Inu. The market sentiment indicates a strong sell signal amongst the Shiba Inu holders.
PEPE Coin
Coming to the last currency in this battle between Shiba Inu, Bitgert’s BRISE coin and PEPE coin, it can be said that the PEPE coin has higher use case relevance than Shiba Inu. PEPE coin is also hosted on the Ethereum chain and is an ERC-20 token with a lot more community trust. Apart from being a meme currency, the PEPE coin is known for community building and powering transactions over NFT marketplaces. PEPE coin also works through a deflationary mechanism to increase demand by burning the circulated supply.
Even still, the PEPE coin is not able to turn the market towards itself just as Shina Inu. PEPE coin fell more than 20% in one week and is now amidst tremendous pressure to find relevance. On the other hand, the holders of PEPE coin feel a selling pressure which is evident in the MACD value and moving average of the coin. Currently, the RSI score of the PEPE coin also suggests holders sell their holdings.
In short, only Bitgert’s BRISE coin happens to have a positive market sentiment amongst PEPE coin, Shiba Inu and BRISE. So, if you are to choose one, then going for Bitgert’s BRISE coin is evidently the better choice.