Top Cryptocurrency News Today – Bitcoin, Ethereum, Shiba Inu, Dogecoin, Binance coin, Bitgert & Centcex
by Analytics Insight
January 13, 2022
Here’s what’s happening in the market today regarding the best cryptocurrency
The cryptocurrency market had a break this week, with most cryptocurrencies now in recovery mode and doing very well. Even though the total volume of crypto has fallen, the global market capitalization has increased. But the market looks buoyant today, and bigger price increases are expected in the future. So what do major cryptocurrencies look like today? Here’s what’s happening in the market today regarding the major cryptocurrencies.
Bitgert has been doing very well in the market since last year, although the launch of the staking process in the first week of December put the cryptocurrency on a bullish trajectory. 2022 has been a great year for the project and its market value has increased rapidly, especially after the plunge. Bitgert is still one of the fastest growing cryptocurrencies today despite being down 2% in the last 24%.
The upcoming Brise exchange, which will launch in the first quarter of 2022, has been one of the drivers of current growth. But most investors are eyeing the bullish growth of the coin that is expected to take place upon the launch of the revolutionary blockchain with no gas fees. Bitgert is one of the top cryptocurrencies to watch this year. More information about the project on the Bitgert’s website.
Centcex is one of the newest cryptocurrencies in the market, having been launched on the 19and November 2022. CENX was one of the few tokens to slip away in the first week of January. Today, the cryptocurrency has gained over 6% in the last 24 hours of this writing.
The high symbolic utility and the multiple expected products that the project develops are among the factors that attract investors. The team is already developing the Centcex exchange, a KYC-free cryptocurrency exchange, which is expected to launch soon. Learn more about the project on Centcex website.
Bitcoin has jumped over 2% in the past 24 hours. This is good news for the market, as it is a cryptocurrency that has a huge impact on almost the entire crypto market. The rising price of Bitcoin has also boosted its market value, although it has yet to recoup the billion lost in the recent drop.
Bitcoin is still one of the strongest cryptocurrencies, and the predicted price for 2022 is over $100,000. The growing number of real-world businesses accepting BTC payments, the use of BTC for storing value, and many other factors are expected to make the coin bullish.
Ethereum has come out of the downside for the past four days since the market started to recover. As of this writing, the Eth coin has gained over 3% in the past 24 hours, which is an impressive performance. Eth is one of the cryptocurrencies that is expected to grow this year by more than 100%.
The ongoing Ethereum 2.0 upgrade is one of the factors that will drive ETH’s bull run in 2022. The protocol upgrade will make the network faster, cheaper, and more secure. This will make Ethereum one of the best blockchains out there. It is one of the cryptocurrencies to watch.
5. Shiba Inus
Shiba Inu is one of the biggest winners in the market today. In the past 24 hours, the coin has gained over 11%, according to coinmarketcap.com. Shiba did this very well in 2021, and 2022 is looking good for this cryptocurrency with ongoing development to improve its network.
The launch of the Doggy DAO is already generating a lot of excitement, which is somehow responsible for the price spike. The DAO gives the community voting rights on key issues. He also touched on the handling of whales. More products are coming to the Shiba Inu network. It is one of the crypto projects to watch in 2022.
Dogecoin has gained over 12% in the last 24 hours. This is an impressive performance for the open source digital currency. There are a lot of developments going on at DOGE that should improve the performance of the coins in 2022. Those who follow this coin will already know that the Dogecoin Foundation was relaunched last year.
The team of advisers for the play has also changed, with Vitalik Buterin and Elon Musk on bail. All these developments have attracted crypto investors, and that is why despite the market rally, the coin is doing well. Dogecoin is one of the cryptocurrencies to watch.
7. Binance Coin
Binance coin has gained more than 5% in the past 24 hours. Although trading volumes fell by 10%, the cryptocurrency is recovering very well from the decline. BNB is one of the coins that is expected to do very well this year and is expected to grow over 100%.
Binance Coin growth will be driven by growing demand for Binance Chain products, including Binance Exchange and Binance Smart Chain. There are so many new Bep-20 tokens on the market for projects built on BCS. Demand will automatically increase the demand and price of BNB.
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