A lot has happened in the Shiba Inu project in recent weeks. The coin was listed on Robinhood, the banishment of 2.41 billion SHIBs, the launch of “Burn Portal” and a massive purchase of SHIB tokens worth $ 2 million from an Ethereum whale. These are developments that have given the SHIB token great attention in the industry.
But will this development and future developments allow Shiba Inu to reach $ 0.001? Well, it will be determined by many other factors, including the execution of competing projects. Bitgert and Centcex are among the biggest Shiba Inu competitors today.
Bitgert and Centcex are developing super attractive blockchain ecosystems that are attracting many investors. Bitgert actually performs better than Shiba Inu, which can make it difficult for this coin to reach $ 0.001.
Also discover the 7 best cryptocurrencies to buy now and keep for the long term!
Bitgert (BRISE) has been one of Shiba Inu’s biggest competitors and has attracted many Shiba investors. The main reason for Bitgert’s strong performance is the huge blockchain system it builds and the pace at which the Bitgert team does it. Bitgert’s V1 roadmap and products were delivered in 6 months.
Recently, the Bitgert team announced the launch of the V2 roadmap, which will further expand the Bitgert ecosystem. The rapid growth of Bitgert’s Startup Studio projects also enables the project to perform better than Shiba Inu. In fact, Bitgert is the fastest growing ecosystem today.
Like Bitgert, Centcex is also proving to be a tough competitor to Shiba thanks to the massive ecosystem the coin is developing. Centcex is one of the high-performance projects that is growing at a rapid pace when looking at the development that the Centcex team has made so far. Centcex’s goal is to build an unlimited number of products.
Centcex thus has almost the same utility value as the Bitgert project. The large number of products means mass adoption, which attracts investors. Also see: Is the Polkadot (DOT) crypto dead? Long live Parody Coin (PARO) and Caprice Finance (CFT)?. That is why it attracts many more investors than Shiba Inu. Centcex also plans to deliver this project quickly, which will make it even more attractive.
Shiba Inu has the potential to go from $ 0.00002093 to $ 0.001. This is a coin that has already exploded 46,000,000% and can do it again. The “fire portal” should start increasing the value of the Shiba token. DAO Shiba Inu Doggy, Metaverse (Shiberse) and many other products are also expected to increase the price of this piece.
But to reach the $ 0.001 price point, Shiba investors must beat the competition. The Bitgert and Centcex projects are just a few of the major competitors that Shiba Inu will have to surpass in order to achieve this award. This may interest you: Crypto Shiba Inu review: 1 good reason to buy SHIB – and 2 equally good reasons not to!. However, Bitgert is growing.
68% of retail investor accounts lose money when trading CFDs with this provider. You should ask yourself if you can afford to take the high risk of losing your money. eToro users in France cannot open positions to buy real cryptocurrencies, all orders are opened as CFDs.