As 2024 comes to a close, the crypto world is buzzing. Meme coins like Floki Inu and Baby Doge are getting a lot of hype, amidst this hype, Bitgert (BRISE) is standing out for its focus on real-world utility. Each of these tokens has a loyal following, but let’s break down their strengths and see why Bitgert could lead the way into the new year over Floki Inu and Baby Doge.
Community and Hype of Bitgert, Floki Inu, Baby Doge
Community support is the lifeline for meme coins. Floki Inu has built a strong community, partly thanks to its ties to Elon Musk. Floki Inu is trying to go beyond what is normally expected of memecoins and its ecosystem includes Valhalla NFT metaverse, Folki Inu’s FlokiPlace marketplace and Floki University.
However, Floki Inu faces problems of high transaction costs, problems common to Ethereum and Binance Smart Chain networks. On the price front, Floki Inu has shown strong market performance, with trading volume increasing by over 40% in just a week. The token experienced a single-day price jump of 5.3%, indicating that investors are taking notice as it transitions from a meme coin to a more utility-focused asset.
Meanwhile, Baby Doge thrives on viral marketing and charitable efforts, but much of Baby Doge’s value is speculative. The Baby Doge ecosystem includes AI-driven image generation, NFT collections, and a Baby Doge crypto card. Baby Doge’s deflationary model and token burns keep the community engaged, but without big projects backing it, Baby Doge remains at the mercy of market trends.
Bitgert, on the other hand, focusses on both communities and on developing solid technology. Bitgert runs on its own blockchain, the Brise Chain, which uses a Proof of Authority (PoA) mechanism to handle 100,000 transactions per second the fastest of any blockchain. Recently, Bitgert’s $BRISE token saw a price increase of 3-5%, and its market cap also grew by more than 5% in just a week.
Utility and Real-World Use Cases
In the long run, what sets lasting projects apart from short-term hype is their real-world utility. While Floki Inu has expanded into gaming and marketplaces, it still relies on other blockchains.
Baby Doge is popular but since it does not have any major projects so what is it going to bank on in the future?
On the other hand, Bitgert is building an ecosystem which includes: Bitgert Swap, PayBrise, and even a real estate marketplace. Bitgert has already seen 47 million transactions and is poised to grow only further.
Price Outlook for 2024
Floki Inu and Baby Doge will likely ride their meme appeal and community support for a while, but without solid infrastructure, their growth may be limited. As the crypto market matures, more investors are likely to gravitate towards projects like Bitgert that offer real utility and sustainable growth.
For more on Bitgert, visit bitgert.com.
Disclaimer: This is a paid post and should not be treated as news/advice.
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