Despite the recent bearish trend in the crypto market, Bitgert’s BRISE coin has continued to rise, standing out amongst other tokens such as Shiba Inu and PEPE coin. BRISE coin, rebranded in December 2021, operates on its own blockchain network with a faster transaction speed and near-zero gas fees. The PoA consensus mechanism of Bitgert requires approval from limited validators for adding blocks to the chain, contributing to its success. Despite a nominal fall in price, BRISE coin has maintained a positive sentiment in the market with indicators sending out a buying signal to investors.
Shiba Inu, known for its initial rise as a meme coin on the Ethereum blockchain, has faced challenges in maintaining its value. The RSI score for Shiba Inu is below 50, indicating a desire from investors to sell their holdings. The moving average of Shiba Inu also suggests a selling pressure in the market, leading to a decrease in price. Despite its initial hype, Shiba Inu has not seen the same level of success as Bitgert’s BRISE coin.
PEPE coin, another ERC-20 token on the Ethereum network, has built trust among investors due to its deflationary mechanism and community-focused approach. However, the market cap and circulating supply of PEPE coin have made it more volatile compared to Bitgert’s BRISE coin. The low moving averages and negative market sentiment have led to a decline in price, causing existing holders to feel a selling pressure similar to Shiba Inu.
Investors looking for a currency with a small price tag have shown a preference for Bitgert’s BRISE coin over both Shiba Inu and PEPE coin. The unique features of BRISE coin, such as its own blockchain network, faster transaction speed, and near-zero gas fees, have attracted investors seeking value in the current market conditions. Despite a challenging week in the crypto market, BRISE coin has maintained its upward trajectory, offering an alternative to more established tokens.
