The market has been bearish for the last few days, but it now looks like it might be stable as the third week of February starts. But it has also been a week that some cryptocurrencies were skyrocketing. Bitgert has been one of the skyrocketing crypto projects. This is after the Bitgert team announced the launch of the widely anticipated zero gas fee blockchain. Read more about the new blockchain and how other cryptocurrencies have been performing:
The price of the Bitgert coin has been skyrocketing for the last few days when the market was in a bearish condition. This is immediately after the Bitgert team made a series of exciting news about the Gate.io listing and the completion of BRISE BRC20 blockchain mainnet development. The mainnet the launching on 15th February 2022. These are two major developments that are making Bitgert skyrocket right now. The Bitgert blockchain is charging 0.000021 BRISE, or $0.0000000000001 for every transaction, which is simply a zero cost. The speed of the Bitgert blockchain is 100,000 TPS, making it faster than Solana. Check out the Bitgert official Twitter Account for more about the Blockchain launch and Gate.io listing.
Another crypto project doing very well in the market is the Centcex. It is has been one of the skyrocketing crypto projects. The announced blockchain development for the Centcex project has been one of the reasons the crypto community is buying Centcex tokens in huge numbers. That's why Centcex is skyrocketing when the market is going bearish. The crypto community is also attracted by the Centcex 100% APY staking reward and an unlimited number of products coming on the network. That's why CENX is skyrocketing even at the time of this writing.
Shiba Inu has not only dropped the price, but also the market value plus the position in the list of the largest cryptocurrencies in the market. During the recent bull run market, $SHIB rose from position #15 to #13, but now it looks like it has dropped back to #14 as of this writing. This is as the market starts a bear run that might see the coin dropping further. Although Shiba was green as of this writing, it has been plummeting for the last few days.
Another cryptocurrency that has been affected by the current bear run is Dogecoin. This is one of the cryptocurrencies that have been doing very well, especially during the recent bullish market. But Dogecoin has been bearish for the last few days. This is as the market condition went to a bear run that looks like ending soon. Dogecoin is still one of the cryptocurrencies expected to do well. The increasing Dogecoin adoption is a sign the project is doing well.
The fast growth of the Babydoge cryptocurrency has been impressive. It is one of the dog coins that have been doing very well, despite being less than 8 months old at the time of this writing. The Babydoge token utility has been one of the reasons why the coin is doing. Babydoge is one of the few dog coins accepted by millions of merchants worldwide. Though the Babydoge has been bearish, it is because of the current market bear run coming into the weekend.
The Saitama Inu was 4% in the red at the time of this writing. This is how the current bear run has affected the value of this cryptocurrency. But Saitama has been one of the best performing meme coins due to the fast-growing project utilities. The Saitama Inu has already released the SaitaMask, which is a powerful smart wallet and the recently launched Saitama Reality. With the ongoing launch of the products, Saitama is projected to be one of the performers in the market
Another cryptocurrency that has been bearish is Metahero. For those who have been following Metahero, they know that the team has developed one of the most advanced 3D scanning technology for metaverse-based developers. That's why Metahero calls itself the gateway to the metaverse. But the cryptocurrency has been plummeting for the last few days. But this is not likely to continue for long as a bull run might start soon for the Metahero. The team might make some moves that might trigger a 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.