Bitcoin Growing Rapidly & Bitgert, Centcex Skyrocketing, While Ethereum, Shiba Inu, Dogecoin, BNB coin is 10% Up
by Analytics Insight
February 5, 2022
Here is an update on top cryptocurrencies like Bitgert, Centcex, Bitcoin, and more.
The first week of February is ending on a high for the crypto industry. It is a bull market condition this weekend, with most cryptocurrencies posting impressive gains. Among the biggest gainers is Bitcoin, which gas growth rapidly to reach the $40k mark. But there are also a few cryptocurrencies like Bitgert and Centcex that are skyrocketing. Here is more about these top cryptocurrencies of 2022 are posting:
Bitgert
When it comes to cryptocurrencies posting skyrocketing prices, Bitgert is in the lead. The coin has been doing well over the last 6 months it has been around. This is because the Bitgert team has been launching multiple products in the short time it has been around. This is one of the biggest reasons Bitgert has been growing fast over all these months.
The upcoming products in the Bitgert 2022 roadmap have been the biggest drivers of the bullish $BRISE. The team is planning to launch a centralized exchange in Q1, which is one reason why Bitgert has been growing fast in 2022. But the announcement of the Bitgert gasless blockchain testnet development has been one of the reasons the coin is skyrocketing. The gas-free blockchain is the Bitgert flagship product.
Centcex
The skyrocketing Centcex this weekend was not expected to come this soon. But this is a cryptocurrency that has been exhibiting all signs of a bullish coin in 2022. Centcex has been posting stable prices when the market was crashing. This is one of the reasons Centcex has been skyrocketing when other cryptocurrencies are bullish.
The upcoming centralized Centcex exchange is the flagship product for this project. The Centcex team has just announced the completion of its database structure and the UI. With the 100%APY staking reward, more investors are now buying Cenx tokens to enjoy the massive staking revenue. The Centcex is expected to keep skyrocketing with the bullish market condition.
Bitcoin
Bitcoin has been one of the biggest gainers during this week’s bull market. After several weeks of dropping, Bitcoin has now passed the $40k to trade at $41,503.77 as of this writing. The coin gas also increased by 9% as per Coinmarketcap.com at the time of this writing. The Rapid growth of Bitcoin has been good news for the crypto investors who bought when the coin was trading at around $33k.
With the crypto community predicting that Bitcoin will reach $100,000, the current growth rate is a sign of how fast Bitcoin can reach this mark. With the ongoing growing demand for Bitcoin, we are likely to see a more surging coin going forward. But the market still remains unstable.
Ethereum
The recent price crashes had dropped Ethereum price to below $2,500. This was a huge drop for cryptocurrency projected to hit a new ATH of $8,000 by the end of the year. Ethereum has been one of the best performers in the crypto machine. This is why it is still the second-largest crypto coin by market value.
With the Ethereum team continuing to upgrade the protocol, the coin is expected to continue doing well. The Ethereum upgrade will make the platform faster, secure, and cheaper, which is what developers are looking for. Therefore, Ethereum might explode soon.
Shiba Inu
The Shiba Inu has been one of the cryptocurrencies that have hit the over 10% increase over the last few days. With the bull market looking to continue over the weekend, the Shiba community that bought more during the dip is going to make huge returns from their investments. The bullish Shiba Inu trends have been driven by many factors apart from the general bull market.
The Shiba development team has been doing a lot of network development. There are more products coming up, including the NFTs and gaming products. The launch of the Doggy DAO, which is coming soon, is also expected to make Shiba Inu more decentralized. These are just some of the factors driving this bullish growth.
Dogecoin
With Dogecoin hitting over a 10% increment over the last few days, there is an expectation that the chon might be preparing for a bull run. This can be true based on the bull market condition and the numerous developments the Dogecoin team has been working on. The ongoing adoption of Dogecoin has been impressive.
Tesla not only accepted Dogecoin but also availed merchandise for the $DOGE holders. This is one of the moves that have given DOGE credibility in the market. The constant mention from Elon Musk has also been making Dogecoin more visible in the market. Therefore, the coin might still grow bullish going forward.
Binance coin
With an 11% increase at the time of this writing, Binance coin tops among the best performing coins in the last few days. Today marks one of the highest prices the coin has reached after breaking through the $400 mark. At the time of this writing, the BNB was trading at $422.56.
The bullish growth of the Binance coin was expected as the coin has been performing well, with impressive resistance during the crashing market. There has been a rising demand for the coin as a result of increasing tokens on the Binance exchange and projects joining the BSC. The market still looks bull, and thus Binance coin might record a higher price before the end of the day.
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