The bull market is here again, and it looks like the second week of February might be good for the crypto community. All the major cryptocurrencies are recording impressive gains over the last week. A look at the charts shows that all top cryptocurrencies have had over 10% growth over the last seven days. Others have been skyrocketing. Here is a list of top cryptocurrencies of 2022 and how they are performing during this bull market condition.
At the time of this writing, Bitgert was skyrocketing with a massive increase of 29%. This is according to Coinmarket.com. It is also important to mention that Bitgert was also trending #5 on the same platform. The skyrocketing Bitgert price has been caused by the surging market prices, but the upcoming products are also driving this growth. The team just announced the blockchain testnet development, and the metaverse product is also coming. With the Bitgert CEX about to launch in Q1, Bitgert is definitely a project that is going to keep skyrocketing. It is one of the best projects to watch in 2022.
The crypto market is green, and Centcex is one of the cryptocurrencies posting huge gains. In fact, Centcex is one of the crypto coins skyrocketing during the current bull market. Though the Centcex project has just been around for about 2 months now, it is has been drawing the crypto community's attention due to its impressive utilities. As the Centcex team puts it, they are developing an unlimited number of products in the project ecosystem. Therefore, there will be so many products, which will translate into huge staking rewards. With the Centcex exchange launching first, more investors are now buying the token when it is still affordable.
At the time of writing the article, Bitcoin was posting a jump of 14% in the past 7 days. This is has been a week of great growth, with the coin still in the green. This is exciting news for the Bitcoin holders as Bitcoin has grown from $33k to now over $42k. With the market still in a bullish condition, Bitcoin's price is projected to keep surging and could soon hit $50k. There might also be FOMO forces in the market that will create a Bitcoin bull run. This is one of the crypto coins to keep on the watch list.
With Ethereum increasing by 21% in the last 7 days, it has been ranked as one of the best performers during the bull market. There are several factors that have enabled Ethereum to record even better performance than Bitcoin and most top 10 coins. The biggest factor has been the recent achievement made by the Ethereum platform upgrade. The improved hash rate of the network is attracting many investors. With the upgrade, a bull run is expected soon, which is why many investors are now buying Ethereum tokens.
Just visit the charts on 7th February and see how bullish Shiba Inu has been. For the last 7 days, the Shiba coin has been doing very well, with an impressive 34%. In the last 24 hours of this writing, the Shiba coin had made a 22% increase, making it one of the skyrocketing cryptocurrencies of the day. The bullish nature of the Shiba token is not surprising because it has been doing well over the months. The recoveries from the crashes have also been good. The current growth shows that Shiba Inu is still one of the cryptocurrencies to watch.
The Dogecoin' 6% increase in 24 hours and the 14% in the last week is a sign of a skyrocketing coin. Dogecoin has been one of the most talked-about crypto coins due to its involvement with Elon Musk and Vitalik Buterin. Elon Musk talking a lot about Dogecoin and the recent acceptance of DOGE by Tesla are some of the biggest drivers of the bullish condition. With the fast-growing adoption of Dogecoin by large companies, there is a high chance of this coin skyrocketing even higher.
Binance coin has just posted 14% in the last seven days of this writing, and a 2% increase over the last 24 hours. This is a cryptocurrency that is expected to continue surging in the bull market condition since the demand is getting higher. The fast-growing demand for Binance products is also expected to impact the price of the Binance coin positively. With the trading volume on the Binance exchange increasing fast and more developers joining BSC, BNB has everything needed to be one of the next big coins.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.