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The bear run experienced in the last few days coming into the weekend has got many cryptocurrencies cropping. Among the cryptocurrencies that have recorded a plunge are Bitcoin, Shiba Inu, Cardano many others. But there have also been a few cryptocurrencies that have been skyrocketing during the bear market condition. Bitgert is one of the cryptocurrencies that are skyrocketing. Read more about these cryptocurrencies and how they have been performing lately:
The among the cryptocurrencies skyrocketing today and posting impressive performance is Bitgert. The announcement of the Bitgert blockchain launch is the major reason the coin is skyrocketing today. The gas-less blockchain is the main flagship product for the Bitgert project and one of the products expected to disrupt the market in a big way. That's why Bitgert is already skyrocketing with just the news of this blockchain launch.
The Bitgert team has also announced the listing on Gate.io. The blockchain is going live on 15th February, and the same day the token is going live on Gate.io. The Bitgert team has announced that the KuCoin listing is coming soon. According to the team, there are about to pay $500k USD to expedite the process of listing on KuCoin. Visit the Bitgert website and the project's official Twitter account for more about the project.
As Bitgert was skyrocketing, Centcex was on the hand, mooning at a very high pace. The coin was also skyrocketing, mostly because of the news the team released on the official telegram regarding the blockchain. According to the Centcex moderator, the team is also planning to develop a blockchain. The Centcex team is currently in the advanced stages of developing the centralized exchange, which is one of the flagship projects for this project. Centcex is the only crypto project giving investors 100% APY staking reward.
The bear condition has continued into the week, although Sunday saw more stable prices across the market. Bitcoin has been one of the cryptocurrencies that dropped during this time. There are several factors making Bitcoin and the whole of the crypto market crash today. However, the expected Bitcoin regulations are just some of them. However, Bitcoin was one of the largest gainers in the previous bull run and could still make the fastest recovery during the coming bullish market.
The growth of Shiba Inu during the previous bull market was incredibly great. One of the things that makes Shiba popular today is the utilities that the team is bringing to the network. Already the ShibaSwap is doing very and Shiberse, a metaverse product, is expected to do better. The Shiba Inu team is decentralizing the network further by enabling the community to make a key decision. Though the price for the $SHIB has been dropping, it might make one of the best recoveries.
The price of the Ethereum token has also been plunging during the bear market to trade bell $3k. Ethereum has lost some of the gains it had made during the recent bull run, but it is now stable. In fact, at the time of this writing, it was green, having gained almost 1% in the past 24 hours. That's how stable Ethereum is performing in the market today. With the bull market expected to hit the market soon, Ethereum might be one of the best performers.
The performance that Dogecoin has been posting in 2022 has been impressive. The bullish performance that Dogecoin recorded in the previous bull market condition proved that it is a cryptocurrency to watch. Although Dogecoin has dropped over the last few days, it is because of the bear market. Therefore, immediately the bull run start, this is will be one of the cryptocurrencies to watch. Dogecoin is now of the digital currencies accepted by Tesla and many other big companies in the market,
The price of the Binance coin has now dropped to trade below $404.28 at the time of this writing. The bear run is responsible for this drop, but it is expected that immediately after the market starts rising, this is one of the cryptocurrencies that will make a fast and solid recovery. Note that Binance coin is one of the cryptocurrencies backed by a powerful blockchain platform. The Binance chain demand is growing fast, and this is what makes BNB strong in the market.
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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.
