by Analytics Insight
January 23, 2022
A fresh update on cryptocurrencies like Solana, Cardano, Litecoin, and more
The crypto market is turning green, with all cryptocurrencies now slowly recovering. But there are some that have not only recovered but have also become bullish during this breather. Bitgert and Centcex are some of the cryptocurrencies that are doing very well in the crypto market and have bullish by the start of the 4th week of 2022.
Below is m insight on how these cryptocurrencies have been performing in the market right now why Bitgert and Centcex are bullish:
Bitgert
The price crash that hit the market in the just ended week did not have a big effect onBitgert. In fact, Bitgert is one of the cryptocurrencies that were stable when the market was crumbling, and as the market started gaining, Bitgert is bullish while other cryptocurrencies are recovering. After a slight price drop, Bitgert is now enjoying real gain and growth while other cryptocurrencies are recovering.
Note that Bitgert is developing a CEX and a gasless blockchain. These are two among over 10 products the Bitgert team is developing and releasing in 2022. With the launch of the Brise exchange in Q1, Bitgert is expected to start the bull run. Discover more about this project on the Bitgert website.
Centcex
The biggest reason why Centcex is bullish right now, while other large cryptocurrencies are in the process of recovery, is the steadiness it offered during the crash. Centcex is one of the cryptocurrencies that remained stable during the price plunge. The coin started gaining even before the market could get a breather.
Currently, Centcex is one of the cryptocurrencies enjoying bullish growth as the market comes out of the dip. The innovative and attractive investor rewards and an incredible collection of Centcex products are some of the reasons why Centcex is increasingly growing popular just 2 months into the industry. Read about this project, including the 2022 roadmap, on the Centcex website.
Solana
Solana had cropped over 12% in the last yesterday, but it has had an impressive recovery over the last 24 hours. According to Coinmarketcap.com, Solana was green, having recovered the 12% drop and gained 2.5% at the time of this writing. This is an impressive recovery and shows the potential Solana has.
Note that Solana is currently pushing the ‘Hacker House World Tour’ that is aiming at bringing more developers on the network, which will increase the projects on the network. At the same time, Solana is working to keep its blockchain the fastest by upgrading the staking protocol. So it will be one of the projects to watch.
Cardano
Almost the same time as this, Cardano had a drop of over 7% for the past 24 hrs. With the market getting bullish, Cardano has been one of the cryptocurrencies making a huge recovery. The coin has recovered the last 24 hours’ dip and is now green with a 13.70% gain, according to Coinmarketcap.com.
Cardano is expected to make an impressive comeback with the development the team is undertaking. The upcoming Cardano scaling protocol upgrade is one of the factors that will make this cryptocurrency grow fast in 2022. check out more information on the Cardano Hydra, a layer-2 scaling solution for Cardano.
Matic
Matic has made an impressive recovery from the dip. 24hrs ago, Matic had been posting a14% drop, but at the time of this writing, Matic had recovered from the dip and made an impressive gain of 10% in the green belt. This makes one of the coins that had made an impressive recovery over the last few hours.
Matic still has the potential to make it even biggest during this market breather and might soon start to grow bullish. This is because of the fast-growing demand for the Polygon smart contracts, Matic network, by the Ethereum based developers. With the current trends, the Matic is likely to make even the biggest gains.
Avalanche
Avalanche has had an impressive recovery. Looking at the price of the Avalanche token almost same time, 24 hours, the token had dropped by 17% in the previous 24 hours. That’s how fast the token price was plunging. But it has made an impressive recovery with the current gain of 19% in the green.
Avalanche still has a huge potential to push even high during this market breather due to the increasing demand for smart contracts. Avalanche is one of the layer-2 scaling solutions that are compatible with Ethereum smart contracts. Therefore, it is one of the cryptocurrencies to watch during this market breather.
Litecoin
Litecoin gas posted a 10% drop at the same time 24 hours ago. But the team has been making an impressive recovery from the 10% red to the 7% gain in the green. This is definitely one of the cryptocurrencies doing well in the current market breather. But Litecoin is one of the cryptocurrencies that are expected to do well in 2022.
The Litecoin coin is bringing more developments to the network to make it more profitable for investors. The coming of the Litecoin Gaming and the NFTs have had a positive impact on the project. The increasing number of businesses adopting Litecoin is also making the project attractive. So more is expected to come up soon.