The market has been bearish since the start of 2022, with several severe crashes. So far most cryptocurrencies have not recovered from the January plunge. But as it has been over the years, there is always a bull run every year. The 2022 bull run is coming soon. Some of the cryptocurrencies have already started showing the signs of a bull run. Here is more about some of the best crypto projects of 2022 and when the bull run is expected:
Go to Coinmarketcap.com this morning, 3rd Feb, and you will find Bitgert among the trending cryptocurrencies. At the time of this writing, Bitgert was trending at number #4 and could go up the ladder by the day. The reason for Bitgert trending is the increasing number of people searching and buying BRISE today. These are the signs that Bitgert might be preparing for the bull run.
Bitgert has exciting products, some launching in Q1, that attract many investors to the project. The team is launching the CEX in Q1. The next big product attracting the crypto community is the Bitgert gasless blockchain. Other products like Brise metaverse are also expected to trigger the bull run.
Another cryptocurrency showing the signs of starting a bull run is Centcex. This is one of the crypto projects that has been doing very well in the market for the short period of two months it has been around. The bull run for the Centcex crypto has yet started but will be coming soon after the products start launching.
Already, the Centcex team is working on the crypto exchange, which is the first product. From the recent tweet the team shared on the official Twitter platform, the team is in the advanced stages of developing the Centcex exchange. With the UI and the DB structure already complete, it is clear that Centcex might launch the exchange soon. This is when the bull run for Centcex will get started, and it is not far.
Despite the price crashes that have been happening in the last 2 months, Ethereum is still one of the best performers. To be the second largest blockchain in the market for such a long is a big achievement for the Ethereum team. The Ethereum cryptocurrency had its moments when it exploded and made many people rich. It could do it again soon.
The biggest upgrade being carried out by the Ethereum team is the factor that will trigger the bull run. The protocol upgrade is going to address the issue of slow speed, scalability, and decentralization. With these addressed, Ethereum will be the swiftest blockchain, and this is when a real bull is will start. The Ethereum platform upgrade is in the second phase.
The Bitcoin bull run is what every crypto investor is waiting for, especially those who bought when the coin is above US$55k. The price of Bitcoin at the time of this writing was below US$37k. The market price prediction is above US$100,000 by the end of this year. Therefore, there is an expected Bitcoin bull run in 2022, and it could be coming up soon.
At the moment, everyone is looking at how the market is behaving before they can invest in Bitcoin. There are many developments, including the looming regulations. When the anxiety is gone and the bullish market condition starts, Bitcoin price will start surging, and that's when the FOMO wall kick. The price of Bitcoin will just explode.
One cryptocurrency that has experienced massive explosion before is Shiba Inu. The year 2021 was one of the best for the Shiba community, with the bullish explosion of the coin making many of them dollar millionaires. That's what is likely to happen in 2022. There is a lot of development that might trigger Shiba Inu to yet another bull run.
The Shiba ecosystem that is currently being developed by the team is one of the bull run triggers. There are so many products that the team is designing for the Shiba Inu ecosystem, including NFT and gaming products. The further decentralization of the network by the Doggy DAO is another reason why Shiba is preparing for a bull run.
With the growth that Dogecoin is posting in 2022, there is no doubt that it is one of the cryptocurrencies explode in 2022. Dogecoin has been around for some time but has been gaining big in the market for the last few years. There are more big companies that are now accepting Dogecoin as payment for goods and services.
Tesla is one of the biggest companies that is now allowing Dogecoin investors to buy merchandise using the $DOGE. The recent sale of merchandise at Tesla using Dogecoin has been one of the biggest milestones for this project. With the increasing adoption of Dogecoin by big companies like Tesla and the massive marketing, the cryptocurrency will be preparing for the bull run.
Binance coin bull run is yet to start, but it is coming very soon. The price for this coin is still unstable, with a lot of plunges occurring. But there are signs that BNB is one of the cryptocurrencies preparing for the bull run. There is a lot of activities happening at Binance that are expected to trigger the cryptocurrency to a bull run.
The Binance team has been adding more tokens and trading pairs on the Binance exchange. This means trading on the exchange, which will grow the demand for the Binance coin. The high speed and low transaction cost features are bringing developers on the Binance network. More projects mean high demand for the Binance coin. These are factors expected to trigger the BNB bull run.
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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.