Saitama Inu and Floki Inu have been performing poorly
The cryptocurrency market is currently experiencing severe hemorrhaging as a result of the bears’ recent devastation. After the economic fall, which has been occurring for the previous 30 days, the cryptocurrency community is now calculating losses.
Some developments that have been particularly significantly affected by the current bear run include Saitama Inu and Floki Inu. Saitama Inu’s 30-day and 7-day losses are 55% and 23%, respectively. On the other hand, Floki Inu had decreased 16% over the previous 7 days and 18% over the previous 30 days.
That is how poorly Saitama Inu and Floki Inu have been performing lately. But in the meantime time, Bitgert (BRISE), one of the rivals, has been booming. The skyrocketing Bitgert price has had a detrimental effect on the flagging coin. Some of the currencies that are badly impacted by the bullish Bitgert include Saitama and Floki. Many investors have started liquidating their holdings to purchase Bitgert.
Investors are joining Bitgert
![Investors are choosing Bitgert over Saitama Inu and Floki Inu, Credit: Analytics Insight](https://5minutecoins.com/wp-content/uploads/2022/08/Credit-Analytics-Insight.jpg)
As more traders join more lucrative currencies like Bitgert, the Saitama and Floki initiatives will come under increasing price pressure. These programmers are worried because of the Bitgert price increase. If the trend continues, Bitgert may destroy these coins.
The Saitama and Floki programmers are again back at the drawing board, planning on how to make these ventures more alluring as a result of the Bitgert price boom. To cope with Bitgert, organizations are creating new services for these applications.
Therefore, we probably won’t see as many innovative Saitama and Floki initiatives and items in the upcoming weeks. In contrast, Bitgert will continue to be the most alluring currency over the coming several months. This is because Bitgert still has breakthroughs planned, which will maintain the purchasing demand for Bitgert to increase exponentially for the foreseeable future.