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The crypto market crashed in the third week of 2022, with most coins dropping by a huge percentage. Though Bitcoin was one of the biggest losers in the recent price plunge, all the major cryptocurrencies experienced huge drops in price. But as most cryptocurrencies crashed, there were also some that remained steady and even grew against the grain. These cryptocurrencies are currently bullish and worth looking at. Below is the latest crypto news crypto investors need to know:
The recent crash was not intensely felt by the Bitgert investors. Bitgert was one of the cryptocurrencies that managed to withstand the rough market forces and remained stable. At some point, Bitgert was green when other cryptocurrencies were dipping fast. The crash period saw the number of new investors increase, and the coin had been trending on CMC. Currently, Bitgert is bullish and growing fast,
There is a lot the Bitgert team has in the 2022 roadmap that is attracting the crypto community. The upcoming CEX and the free gas blockchain are attracting investors. The huge impact these products will have on the $BRISE is a factor that is attracting many. Here is the Bitgert website for more info.
The Centcex project has proven to be one of the most resilient crypto coins in the crypto market. It is one of the coins that remained stable in the market during the recent crash. In fact, Centcex lost almost an insignificant value in the recent crash, and this is why it is bullish right now. When most cryptocurrencies are recovering from the dip, Centcex is exploding.
The Centcex team is working hard to deliver the 2022 roadmap, and as recently announced, a lot has been achieved. The Centcex exchange is in the advanced stages of development, and soon the news about its launch will be announced. Visit the Centcex website for more information.
Bitcoin is among the coin that crashed in the recent crash. In fact, Bitcoin is still recovering from this plunge that saw the price of the coin drop to an all-time low in the last 5 months. The price of BTC reached $34,417, which is the lowest in months. In fact, it was last seen in July 2021. That's how much bitcoin dipped.
However, Bitcoin is now recovering from the previous plunge but still has a long way to go to reach the $40k mark and the projected $100,000 price in 2022. Bitcoin also remains one of the most potent coins in the market.
Ethereum also crashed to reach a price last seen in July 2021. This is the time whenEthereumtraded below $2,500 was experienced. This means Ethereum crashed to the point that most traders were not expecting, especially coming from two other plunges in December and early January.
However, Ethereum is not doing badly in the current market surge but is it is not the best market gainer. But with some development on the network and mostly the Eth 2.0 upgrade, this is one of the cryptocurrencies to watch. Ethereum prediction is $8,000 by the end of the year.
Shiba Inu was just coming out of the Wormhole address issue when the price crash stroke. The addresses that were added on Coinmarketcap.com may have led to the loss of investor's money. But the Shiba team has addressed the problem. The cryptocurrency was one of the most hit coins by the recent plunge. In fact, the coin lost a huge percentage of its value.
But the Shiba Inu coin is recovering from the crash and coming up fast. The coin is already in green and has been recording massive gains. The improvements the Shiba Inu team is adding to the network, like new projects and products, will grow the value of the coin. Shiba is a coin to watch in 2022.
Dogecoin is another crypto coin that was plunged by the recent crash. But this is one of the cryptocurrencies doing very well in the market with the current surge. Despite the massive dip, Shiba Inu is coming out fast. At the time of this writing, Dogecoin was green, having recorded an impressive gain.
But the Dogecoin team is doing impressive work to keep doge winning in 2022. The increasing marketing by the team is one of the reasons Dogecoin is doing very well. The likes of Elon Musk and the recent Tesla adoption are some of the factors making Dogecoin popular.
Binance coin crashed so badly that the lowest price during this plunge was last seen in September 2021. That's several months back, but the cryptocurrency has been doing very well with the recent surge. Binance coin is one of the biggest gainers in the market at the moment, having had gained a significant percentage.
Binance coin is predicted to be bullish in 2022 and could reach the $614 mark by the end of the year. Therefore, it is one of the cryptocurrencies to consider this year. The continued growth of BSC projects and the demand for Binance DEX are factors expected to grow this coin. Therefore, it is one of the coins to hold today.
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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.
