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Ethereum, Bitcoin, Shiba Inu, Dogecoin, BNB coin, Bitgert, Centcex, – 5 Facts About These Interesting Cryptocurrencies

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These are the 5 facts about cryptocurrencies that you need to know before investing in it

To make the best crypto investment decision, one thing investors need to get right is understanding the crypto project. What does the project stand for? What are the problems the project is solving? These are the questions that can only be answered by understanding the major facts about these projects. These are 5 facts about these best cryptocurrencies of 2022 investors need to know 

1. Bitgert

The mention of Bitgert cryptocurrency means a lot for early investors. The cryptocurrency has now grown several folds since its launch at the end of July 2021. The team says it is developing the most powerful peer-to-peer payment system that is going to run on a gasless blockchain. That's how the Bitgert project is unique from the rest of the DeFi projects in the industry. These are 5 Bitgert facts you probably didn't know:

  1. Bitgert is developing over 10 products before the end of 2022
  2. The team designed an automated token buyback and burn system
  3. Bitgert is a hyper-deflationary token
  4. The platform has a centralized cryptocurrency exchange
  5. The team is developing the first zero gas fee blockchain

Visit the Bitgert website for more information.

2. Centcex

Centcex is one of the crypto projects causing a lot of excitement in the industry. The project is just now two to months old but is doing very well. In fact, it is among the projects posting massive growth in the past two weeks. According to the Centcex website, the project is developing decentralized applications and other blockchain products that offer unmatched security and user experience features. Check out these facts about Centcex:

  1. Centcex is developing an unlimited number of products for the ecosystem
  2. The Centcex cryptocurrency exchange is a no-KYC 
  3. The platform staking has a 100% APY reward
  4. Products development is funded by a 3% tax on transactions
  5. Centcex team is doxxed

3.Shiba Inu

The Shiba Inu popularity in the market has not gone away, and this is why many crypto investors believe that it might explode again in 2022. Shiba is one of the meme coins doing very well in the market now. This is after the team embarked on an ambitious plan of adding more value Shiba token. Here are 5 facts about Shiba project.

  1. The name Shiba Inu is a breed of dogs native to Japan
  2. The founder, Ryoshi, is Mysterious
  3. Shiba built on Ethereum smart chain
  4. Shiba team is launching the Doggy DAO
  5. Shiba community is getting voting rights

4.  Bitcoin

It is not possible to discuss the cryptocurrency industry with the mention of Bitcoin. This is the godfather of cryptocurrencies. Bitcoin has continued with its crypto market dominance since the coin launched. In fact, for the year 2022, the projected price for BTC is $100,000. This will be a huge profit for those buying now. Here are key facts about Bitcoin that you need to know:

  1. Bitcoin creator, Satoshi Kanamoto,  is still unknown.
  2. Satoshi Kanamoto owns about 980k BTC making him the richest person.
  3. About 20% of BTC cannot be accessed or technically lost
  4. Bitcoin is legal tender in El Salvador
  5. BTC 2022 price projection is over $100,000

5. Ethereum

Ethereum prides itself on being the first cryptocurrency to successfully implement smart contracts. It also saved most of the blockchain shortcomings. This is the major reason why Ethereum has been the second-largest cryptocurrency since it launched. But there is so much that crypto investors may not know about this cryptocurrency. Here are 5 facts about Ethereum investors should know:

  1. Ethereum was the first to implement smart contract technology
  2. The project was crowdfunded in 2013
  3. The project was founded by Vitalik while still a teenager
  4. Ethereum is migrating to a new contract Eth 2.0
  5. It is an open-source platform

6. Dogecoin

Dogecoin has been doing very well lately, with the price of the coin growing stable over the last few weeks. The news of the renowned influential individual associating with Dogecoin has made this cryptocurrency popular. It is actually one of the reasons why DOGE is surging fast in 2022. The recent announcement of the DOGE acceptance as a currency for buying goods at tesla has the token even more popular. Here are 5 facts that you need to consider about Dogecoin: 

  1. Dogecoin founder, Billy Markus, sold all his Doge back in 2015.
  2. The logo on Dogecoin is Shiba Inu
  3. The token supply is unlimited
  4. DOGE is favored by Elon Musk, Snoop Dogg, and others
  5. Vitalik Buterin is part of the Dogecoin advisors 

7. Binance Coin

Buying and holding a Binance coin may be the best decision today. This is because the projection is over 100% price growth in 2022. The growing demand for Binance products, including the exchange and the smart contract, has been the key factor growing Binance coin price. The demand is expected to grow in 2022 as more developers join the Binance Smart Chain. The number of crypto-to-crypto transactions on the exchange is the highest globally. But here are 5 facts about Binance coin investors should know:

  1. Binance is the US
  2. It has the largest crypto-to-crypto exchange
  3. BNB started in the Ethereum network
  4. Binance owns CoinMarketCap 
  5. Binance Added 240,000 users in an hour
  6. It is registered in the Cayman Islands

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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.

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