Crypto Crash: Will Shiba Inu, Dogecoin, Bitcoin and Ethereum Going To Crash Like Terra LUNA?

The Terra Luna crash has sent jitters down the spine of the Cryptocurrency community. The cryptocurrency bubble is feared to be exploding soon. The next in the firing line is Shiba Inu. The lack of utility of cryptocurrencies such as Shiba Inu leads to fears that Shiba Inu will also follow the path of terra LUNA. Biggert could also start exploding soon because it was proven a solid project during this bear market.

The cryptocurrency market is showing a bearish sentiment. Even though, in the last 24 hours, many coins have been making god recovery. However, experts warn that this brief interlude of bullish sentiments will not last long, and some threats can derail the recovery. For example, experts contend that lack of utility could fling Shiba Inu into the same trajectory as terra LUNA.

Shiba Inu Is Much Akin To Terra LUNA

Shiba Inu is a crypto asset that is much akin to terra LUNA. However, these projects are not built to fulfill any real use-cases. Crypto assets like Shiba Inu have no actual utility and are more of a meme coin that has been built on a market hype rather than any product of value.

Therefore, experts warn that Shiba Inu or Dogecoin, Bitcoin, and Bitgert could end up as the Terra LUNA, especially if the whales keep selling. The lack of utility has been indicted as the leading cause of the tanking of values of Shiba Inu price over the last six months.

Many Shiba Inu investors have deserted the canine-based crypto coin to invest in real use-cases projects. One such project is Bitgert (BRISE), one of the fastest-growing cryptocurrencies. When Shiba Inu lost investors, Bitgert’s (BRISE) advantage was.

Bitgert’s (BRISE) prices have remained steady during the current bearish market. This is because Bitgert investors were still holding, and there were a lot of new investors joining the project. That shows how solid Biggert is. One advantage which Bitgert has is the variety of products spanning from DeFi, NFTs, and Web3 products. Some of the significant Bitgert products have already been released and are why Bitgert is a solid project.