The crypto industry is increasingly getting saturated by a fast-growing number of projects joining every day. In just the first few weeks of 2022, hundreds of new cryptocurrency projects have joined the market. The trickiest thing for crypto investors is selecting the best cryptocurrencies. If you are planning to invest in these cryptocurrencies, here are facts about them that you need to know:
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Bitgert
A lot has been said about Bitgert, but some of the information may not be correct, or very little is known about the project. This is a DeFi project that is working to become one of the best payment systems in the crypto market. The team is also working to provide solutions to one of the biggest problems in the crypto industry, which is the very expensive gas fee. With Bitgert, transactions on the blockchain will be cheaper: Here are three facts about Bitgert:
- Bitgert is in the process of launching a CEX
- The team is developing a Zero gas fee blockchain
- The Bitgert has introduce metaverse product
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Centcex
The fast-growing rate of the Centcex project is an indication that more crypto investors have now understood the potential this project has. This is one of the projects that will make investors through the staking process, which is a passive income. The Centcex staking process is offering crypto investors 100% APY of the revenue generated by the products. Here are 3 facts about Centcex:
- The team is developing an unlimited number of products through Centcex lab
- The project has 3% of all transaction funding products development
- It is a BSC project
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Shiba Inu
For the crypto investors that were around in 2021, they may not need a Shiba Inu introduction. This is one of the crypto projects that did so well last year by recording one of the best increments of 2021. Coming into 2022, the Shiba team has been working on making the project more attractive to the crypto community. One of the things the team has done is decentralize the project further by enabling the community to vote on key issues such as trading pairs. Here are 3 facts about Shiba:
- Shiba team is launching a Doggy DAO
- $SHIB is getting more utility with more products
- Shiba Inu is a meme coin
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Dogecoin
Dogecoin is increasingly growing as one of the best payment currencies in the market today. This can be seen from the increasing number of renowned companies that are now are accepting $DOGE for payment. The latest big company to accept Dogecoin was Tesla. The company went ahead sell one of its merchandise using $DOGE. Here are facts about Dogecoin
- The founder left the project in 2015
- $DOGE is accepted by Tesla
- Vitalik Buterin and Elon Musk are Dogecoin advisors
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Binance coin
There is something about Binance coin that makes it popular with most crypto investors. First, this is one of the largest cryptocurrencies in the market today. It is also one of the crypto coins expected to perform very well in the market. Besides that, the coin powers one of the most powerful blockchains in the market – the Binance chain. Here are some of the facts that you don’t know about the Binance coin:
- It was initially an ERC20 token
- It powers the largest crypto-to-crypto blockchains
- BNB ATH is $675
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Bitcoin
It is impossible to discuss cryptocurrency without mentioning Bitcoin. This is the gold not only in the crypto industry but also in real life. There is a growing demand for Bitcoin in the market, with more merchants now accepting BTC pay. The number of people who just want to buy Bitcoin and hold for value storage is also growing fast. So there are many factors making BTC grow larger every day. Here are 3 facts about Bitcoin.
- It is the first digital currency
- Bitcoin is increasingly eating into the gold share
- BTC is legal tender in El Salvador
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Ethereum
Being the second-largest cryptocurrency has made Ethereum of the dominant forces in the crypto market. It is one of the largest blockchains in terms of the projects that are developing and running on it. Ethereum has been having an issue with speed, security, and decentralization, but how the team is about to fix it with the platform upgrading. The upgrade will make Ethereum more powerful and dominant in the crypto industry. Here are some of the interesting facts about Ethereum:
- It is moving from PoW to PoS protocol
- The fast blockchain to implement smart contracts
- Ethereum has 8 co-founders
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