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 cryptocurrencies
The cryptocurrency market took a breather this week, as most cryptocurrencies are now in recovery mode and doing well. Although the overall volume of cryptocurrencies has decreased, the global market capitalization has gone up. But the market looks vibrant today, and prices are expected to rise even more in the future. So what are the best cryptocurrencies like today? Here’s what’s happening in the market today regarding the best cryptocurrencies.
1. Bit device
Bitgert has been doing well in the market since last year, although the launch of its staking in the first week of December has put the cryptocurrency on an upward trajectory. 2022 was a great year for the project, and its market value was growing rapidly, especially after the crash. Bitgert is still one of the vibrant cryptocurrencies today even though it is down 2% in the last 24%.
The upcoming Brise exchange, which is launching in the first quarter of 2022, has been one of the factors driving the current growth. But most investors are looking forward to the bullish growth of the coin that is expected to occur when the game-changing blockchain is launched without gas fees. Bitgert is one of the best cryptocurrencies to watch this year. More about the project on Bitgert.
Centcex is one of the newest cryptocurrencies in the market, as it was launched in 19y November 2022. CENX was one of the few coins held during the first week of January this year. Today, the cryptocurrency has gained more than 6% in the last 24 hours of this writing.
The utility of the token and the expected multiple products that the project is developing are among the factors that attract investors. The team is already working on the development of Centcex, a non-KYC cryptocurrency exchange, which is expected to launch soon. Read more about the project on the Centcex website.
Bitcoin is up more than 2% in the last 24 hours. This is good news for the market because this is a single cryptocurrency that has a huge impact on almost the entire crypto market. The rise in the price of Bitcoin also increased its market capitalization, although it did not regain the billion it lost during the last drop.
Bitcoin is still one of the highly effective cryptocurrencies, with its price forecast for 2022 exceeding $100,000. The increasing number of companies in the real world that accept BTC payments, the use of BTC to store value and many other factors are expected to drive the coin bullish.
Ethereum has been out of decline in the past four days since the market started to recover. At the time of writing, Eth has gained over 3% in the last 24 hours, which is an impressive performance. Eth is one of the cryptocurrencies that are expected to grow by more than 100% this year.
One of the factors that will drive the upward trend of ETH in 2022 is the ongoing Ethereum 2.0 upgrade. The protocol upgrade will make the network faster, cheaper, and secure. This will make Ethereum one of the best blockchains on the market. It is one of the must-watch cryptocurrencies.
5. Shiba Inu
Shiba Inu is one of the biggest gainers in the market today. In the last 24 hours, the coin has gained more than 11%, according to coinmarketcap.com. Shiba did very well in 2021, and 2022 looks good for this cryptocurrency as development continues to improve its network.
The launch of Doggy DAO has already caused a lot of excitement, and is responsible in some way for the price hike. The DAO grants voting rights to the community on key issues. It also dealt with the manipulation of whales. More products to come on Shiba Inu Network. It is one of the must-see crypto projects in 2022.
Dogecoin gained over 12% in the last 24 hours. This is an impressive performance of the open source digital currency. There are a lot of developments happening in DOGE that are expected to improve the coin’s performance in 2022. Those who follow this coin already know that the Dogecoin Foundation relaunched last year.
The team of currency advisors has also changed, with Vitalik Buterin and Elon Musk joining Bonds. All these developments have attracted crypto investors, which is why despite the market recovery, 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. Despite a 10% drop in trading volumes, the cryptocurrency is recovering from the decline very well. BNB is one of the coins that is expected to do well this year and is expected to grow by more than 100%.
Binance Coin growth will be driven by increased demand for Binance Chain products, including the Binance Exchange and Binance Smart Chain. There are many new Bep-20 tokens on the market for projects based on BCS. The order will automatically increase the demand and price of BNB coin.
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