Shiba Inu to Bridge its Token on Bitgert Chain

The Shiba Inu has been experiencing one of the worst performances after the cryptocurrency dropped for 5 months straight. Since the coin started plunging in late October, it has been dropping ever since.

But there might be a relief for the Shiba Inu after the Bitgert chain bridge provided a platform where digital assets from other networks can be migrated to its chain. The Bitgert bridge will enable tokens on expensive and slow blockchains to trade on the Bitgert blockchain. Read more below:

Bitgert

Immediately after developing one of the most powerful blockchains, the Bitgert BRC20 blockchain, the Bitgert team started developing products and projects for it. One of the key developments has been the Bitgert bridge, which launched a few weeks and has been incredible.

The aim of the Bitgert bridge is to help cryptocurrencies on networks experiencing high gas fees enjoy a cheaper platform. One of them is the Shiba Inu, an Ethereum-based cryptocurrency doing badly in the market right now. Among the major reasons for the reducing Shiba Inu transactions is the costly gas fee on the Ethereum chain.

With the Bitgert bridge, Shiba Inu can bridge its token and will be able to trade on the Bitgert chain, which has a zero gas fee and is also the fastest blockchain in the industry right now. Therefore, the Bitgert chain will help increase the number of transactions and the demand for the Shiba token will increase. That’s how Bitgert might be instrumental in the Shiba Inu bounce back.

Centcex

The Bitgert project has been attracting a lot of attention, but Centcex might soon get the same or even more attention. The Centcex project is just 120 days old and has already made a mark in the crypto industry after posting one of the best price increases in the past few weeks. There are very few projects that have increased by 300% in just 30 days apart from Centcex and Bitgert.

But the main factor that is driving this popularity is the impressive Centcex roadmap that includes an unlimited number of products. Therefore, Centcex is going to experience one of the biggest adoptions in the market as the number of products in the ecosystem grows. The Centcex team says that this is a project that is going to reward investors handsomely.

Shiba Inu

The Shiba Inu token value has been dropping when Bitgert has been skyrocketing. Over the last few months, the number of holders has also been going down, while the number of transactions on the network has also been reducing in a big way. There are a number of factors causing the Shiba Inu poor performance, but the lack of utility is the biggest reason.

There are few products in the Shiba Inu ecosystem, and this makes the project less attractive to investors. But the SHIB being an Ethereum based token means that the cost of the gas must also be a very big issue. It could be the reason why the volume of transactions has gone down. But Bitgert is solving this problem with its Brise chain bridge.

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