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The cryptocurrency market is known to react to big news, updates and several other external factors as well. Now, as Bitgert plans for a major announcement next month, experts expect several big developments in the market.
This hype on the prospective market move by Bitgert has also made investors review their stands in Shiba Coin and Render Coin. Although Bitgert, Shiba Coin and Render Coin are very different when it comes to their USPs and growth potential, a comparison between them might make things easy for several investors;
Shiba Coin and Render Coin Compared to Bitgert
Shiba Coin
Shiba Coin is one of the most popular memecoins out there. Shiba Coin’s memecoin status aside, Shiba Coin boasts an incredible and dedicated community that fuels adoption and price pops during favorable market conditions.
However, Shiba Coin relies too much on market sentiment and speculative trading, making it quite susceptible to volatility. Shiba Coin does have a very loyal fan base. However, comparing Shiba Coin with the high speed and low cost technology that Bitgert offers, it’s quite hard for it to compete in utility.
Render Coin
Render Coin focuses on a highly technical niche that stands out by allowing decentralized GPU rendering for digital creators. Render offers users access to high-powered rendering services for animation, video, and other creative applications.
Render Coin has made a strong market entry, aligning with practical use cases and the growth in demand for decentralized computational power. However, Render is somewhat lightweight within the realm of scaling. For comparison, Bitgert’s ecosystem has already accomplished more than 47 million transactions.
How Will This Big Announcement Of Bitgert Impact Shiba Coin and Render Coin?
Bitgert is soon expected to make an announcement that has made news across various markets. Many consider that it might considerably shift the coin movement, including Shiba Coin and Render Coin, among other coins.
The announcement can possibly drain investors from Shiba Coin, whose value is mostly driven by the community’s enthusiasm, and Render Coin because Bitgert’s fast transaction rate and low cost showcase technological superiority.
Conclusion
Shiba Coin has good community depth, and Render Coin has a good use case. However, when compared with Bitgert, which is far superior in terms of technology and also has an expanding ecosystem, things get tough for the duo. So, Shiba Coin and Render Coin investors should pay attention because Bitgert’s next move can massively alter their price movement.
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