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It is already mid-January, and the crypto market is showing huge growth potential. There are many cryptocurrencies to invest in this year. However, some are more promising and are the cryptocurrencies to buy and hold as you wait for them to explode in 2022. This list contains cryptocurrencies to buy and hold and also the reasons why they are likely to explode in 2022. Read more below:
Bitgert popularity in the industry is not about the hype but the disruptiveness of the DeFi product the team is working on. The Bitgert team is developing one of the most powerful Defi projects, including a powerful global p2p payment system running on the project mainnet. This means the Bitgertteam is developing a complete DeFi ecosystem that features a blockchain and a cryptocurrency exchange.
The exciting thing about Bitgert is the uniqueness of the products. The Brise exchange is a centralized crypto exchange and is already in the final development stages. It is launching in Q1, and the beta version is coming out at the end of Feb. The blockchain will be gasless and will feature relay chain and parachain technologies. The Bitgert zero gas fee blockchain is launching in 2022. Bitgert is definitely a cryptocurrency to buy and hold. For more about this project, visit the Bitgert website
The Centcex crypto project is attracting a lot of investment due to the innovative features the team has designed. The Centcex project is building advanced and user-friendly cryptocurrency-based applications. These applications will be running on the ecosystem to earn investors' income. Centcex products include exchanges, staking programs, user bases, and dApps. The products will be unlimited and will be funded by 3% of all transactions on the Centcex ecosystem.
The team is already in the process of building a Centcex exchange, with the user interface and the database structure already complete. This means the exchange is coming out very soon. The staking reward is 100% APY of the products' revenue. With all these rewards and the project being less than 2 months old, Centcex is a cryptocurrency to buy and hold today. Visit the Centcex website for more.
Shiba Inu is one of the cryptocurrencies that you need to consider buying today and hold because of the huge potential it holds this year. Shiba has one of the largest crypto communities, and its market value is one of the biggest today. At the time of writing, Shiba was #14 on the list of the largest cryptocurrencies.
But it is the development happening on the Shiba network to make Shiba an ideal crypto investment. The team is launching the widely Anticipated Doggy DAO that is giving the Shiba Inu community the right to vote on all decisions, including trading pairs, crypto projects, how $BONE rewards are distributed. The DAO is also fixing the problem of whales' manipulations. These developments might explode Shiba Inu in 2022.
Bitcoin was one of the cryptocurrencies heavily affected by the recent price plunges. But it is among the cryptocurrencies with huge potential to explode in 2022. This is why we have it as one of the cryptocurrencies to buy today and hold. Apart from the improving mainnet, the rising demand for Bitcoin for various reasons makes it an ideal investment.
Bitcoin is quickly growing as a currency by many brick and mortar stores. There are also many people selling goods and services, and in return, they get Bitcoin. The other reason why Bitcoin is growing fast is its growing preference over gold for value storage. There is also a huge number of Bitcoin buyers coming in due to the anticipated price rise.
Ethereum is another cryptocurrency with a huge potential to explode in 2022. In fact, price prediction shows that Ethereum might increase by over 100% by the end of the year, making it one of the cryptocurrencies to buy and hold. Many developments on the Ethereum network will make the coin explode in 2022. Ethereum 2.0 upgrade will be a major factor.
The Eth 2 upgrade is already in the second phase, which includesmigratingPoW to PoS protocol. The third phase is expected to launch in 2022. The protocol upgrade will make the Ethereum network faster, cheaper, and more secure. The blockchain will also be more user-friendly. These are developments that will make $ETH explode in 2022.
Dogecoin is another cryptocurrency projected to perform well this year, which makes it an ideal coin to buy today and hold. By the end of the year, the coin is expected to have exploded by a huge percentage to earn investors good returns. Despite the upgrade of the Dogecoin mainnet and adding more utility to the token, other factors are making this digital currency popular.
The Dogecoin Foundation re-launching is giving investors confidence in this coin. But it is also the team of Dogecoinadvisors that is attracting attention. Vitalik Buterin and Elon Musk are among the advisors. The two billionaire investors have a massive influence. In fact, Tesla accepted Dogecoin as a currency. Dogecoin is one of the crypto coins to watch.
Binance coin will be another god coin in the coming days. There are several things making this coin ideal for holding. BNB is expected to increase by more than 100% from the market predictions. This is mainly observed from the growing demand for the Binance coin. Important to note is the increasing number of Binance based tokens built on the Binance Smart Chain.
The demand for the Binance Exchange is also growing demand for Binance coin. The exchange is currently recording the highest volume of tokens traded every day. These factors will make BNB one of the most sought-after cryptocurrencies. It is an ideal coin to buy and hold today because the future looks great.
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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.
