Cryptocurrency market is introducing new assets and as such, investors are constantly looking out for something promising. Two of these are Shiba Inu (SHIB) and Bitgert (BRISE) coins, which have attracted significant interest. This blog will investigate their properties, performance and prospects to aid you in your decision making.
Shiba Inu (SHIB): The Dogecoin Challenger
An altcoin that runs on ethereum blockchain by the name of Shiba Inu coin has been designed after the Japanese dog breed “shiba inu.” SHIB or Ryoshi’s SHIB was developed by an anonymous creator who had a penchant for meme coins. Here are some unique features:
- Decentralized: From scratch, SHIB coin caters exclusively to its communities and embraces decentralization.
- Token Trio: There are three tokens within the Shiba ecosystem; namely Shibu INU (SHIB), Leash (LEASH) and Bona (BONE).
- Smart Contracts and Staking: Passive income can be made through users staking or lending their SHIB coins.
- ShibaSwap: Additionally, the decentralized exchange DEX including the NFT platform enhances the utility of the Shiba ecosystem.
- Deflationary Mechanism: By burning a share of the token after each transaction, it aims to increase its selling price.
BRISE: The Pancakeswap Alternative
Launched in July 2021, this coin presents itself as one of major alternatives to leading DEX Pancakeswap. Apart from low price, it offers several unique features that differentiate it from other exchanges on Binance Blockchain:
1. Low Gas Fees & Speeds: This coin operates on its native chain called Bitgert Chain (BRC-20), which makes it possible to have gas fees price to near-zero gas fees as well as rapid cross-chain transactions.
2. BRISE Bridge: It serves as an ecosystem gateway for secure sending, receiving, storing and swapping of crypto assets.
3. Buyback and Rewards: this coin sends 5% of transaction fees for buybacks, 3% towards marketing and 4% for staking rewards.
4. Fully Decentralized Wallet: This facilitates instant zero fee trading through direct interaction between buyers and sellers.
Comparative Analysis
| Aspect | Shiba Inu (SHIB) | Bitgert (BRISE) |
| Launch Date | August 2020 | July 2021 |
| Founders | Ryoshi | Not Revealed |
| Blockchain Protocol | Ethereum (ERC-20) | BRC-20 |
| Use Cases | Smart Contract, NFTs, dApps | DeFi, NFTs, Web3, Metaverse |
| Market Cap (INR) | 542.89 billion | 13.95 billion |
| Circulating Supply | 549,063.28 billion | 427,082.98 billion |
| Consensus Method | Proof-of-Stake | Proof-of-Authority |
Past Performance
Historically speaking though Shiba Inu’s return on investment has been better than that of Bitgert. SHIB boasts an impressive ROI of seven hundred forty-three thousand two hundred sixty-six percent(74326688%), while BRISE’s stands at six hundred eighty-five thousand seven hundred forty-three point six four percent (68574364%)¹². But it is important to consider market dynamics at the moment.
Current Price Situation
Amazingly, Shiba Inu’s price has witnessed impressive gains but maintaining its current status becomes a challenge. On the other hand BRISE’ s price with low transaction costs and strong features is rapidly gaining ground among investors. Therefore, both of them are worthy assets for following as crypto space is changing.
In conclusion, Shiba Inu still holds onto emotions, while the practical prie gains by Bitgert make it an interesting rival. As always, conduct thorough research and assess your risk tolerance before making any investment decisions. To learn more about Bitgert coin, visit – https://bitgert.com
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