Shiba Inu, Bitcoin, Ethereum, Dogecoin, BNB, Bitgert & Centcex – Amazing Facts About These Cryptos
by Analytics Insight
January 17, 2022
There are a plethora of cryptocurrencies joining the crypto industry every day. Some of them will grow big and possibly disrupt the market in a big way, while others will collapse along the way or immediately after the launch. With so many crypto projects, selecting the best to invest in can be tricky. This article contains the top cryptocurrencies of 2022 and amazing facts about them. Read more below:
If looking for the most potent crypto project of 2022, go for Bitgert. It is one of the DeFi projects with massive potential in 2022 and beyond. One fact about Bitgert is that the project is only five months old, as of writing, but has accomplished a lot. The Bitgert team has over six projects launched so far.
The second fact is the Bitgert team is building a centralized exchange and gasless blockchain. Most DeFi projects have DEX, but Bitgert is developing a CEX that will launch in Q1 2022. The zero gas fee blockchain is the first of this kind in the industry. The blockchain is in the development stages and will be a game-changer. It is one of the products that will make Bitgert bullish.
Another fact is that Bitgert has got innovative and rewarding tokenomics. A 4% of every transaction is distributed to token holders as BUSD. The staking process is ongoing, and stakers are enjoying 80% APY of the generated revenue. For more information, visit the Bitgert website.
Centcex is the youngest crypto project on this list and the fastest-growing crypto coin. The token launched on 19th November 2021 and has been making big gains from the first week of January. There are a lot of facts about the Centcex project that makes it popular with crypto investors. The first fact is the huge number of cryptocurrency products.
The Centcex project has the Centcex lab responsible for developing an unlimited number of cryptocurrency applications. The lab gets funding from the 3% of the tax collected from every transaction on the Centcex ecosystem,
The high utility of the CENX token is another fact about the Centcex project. All the products developed run on the Centcex ecosystem, where $CENX is the native currency. The other fact is the staking rewards is 100% APY of the products’ revenue. In addition to that, the team is building a no-KYC cryptocurrency exchange. Read more on this project at the Centcex website.
3. Shiba Inu
Shiba Inu goes in history as the cryptocurrency that increased by the biggest percentage in 2021. A 50,000,000 per cent increase was mind-blowing and may take some time to break. But there is so much about this cryptocurrency people don’t know. The first fact is that it is a meme coin. The name Shiba Inu is actually a breed of dogs native to Japan. The fact most crypto investors don’t know that the project founder by the name of Ryoshi is not known even today.
Not many people know that Shiba is built on the Ethereum blockchain. This is another fact that shocks most people. The cryptocurrency does not have a blockchain of its own. Shiba Inu team is now developing an ecosystem for the coin and has been venturing into the NFT industry as well.
Bitcoin is the biggest cryptocurrency and is always shrouded in mystery as the first cryptocurrency. Bitcoin is one of the cryptocurrencies projected to do well in the market this year, with the price projection put at $100,000 at the end of the year. But there are a lot of facts about Bitcoin most people don’t know.
The first fact is that the founder of Bitcoin is still a mystery. Just known by the name Satoshi Kanamoto, he remains anonymous. He owns a whopping 980,000 Bitcoin which makes him the richest person on the planet. The other shocking fact is that 20% of Bitcoin is lost or in wallets that cannot be accessed. This is a lot of money lost.
Ethereum launched in 2015 and was the second fully-fledged blockchain after Bitcoin. It has been one of the most disruptive technologies in the crypto industry, especially with the Ethereum smart contracts. It provided developers with a platform where they could build decentralized applications. So the first fact is that Ethereum was the first cryptocurrency to launch smart contract functionality.
Ethereum was also the first blockchain to introduce increased Bitcoin’s speed of transaction by introducing a faster PoW protocol. However, the Ethereum network has become overwhelmed with the huge traffic and is now upgrading to a more efficient PoS and sharded chains protocol.
Dogecoin has recently been gaining a lot in the crypto, mostly due to the massive marketing the cryptocurrency has been getting from the influencers. That’s why Dogecoin is among the cryptocurrencies that have gained so much from the recent dip. But there is very little known about Dogecoin by most newbies. The first fact is Dogecoin founder Billy Markus has not been part of this project for a long time. He sold all his DOGE coins in 2015 and left for good.
It might sound like a joke, but Dogecoin was created in just about 2 hours. This is according to Billy Markus. The other fact is the DOGE supply is unlimited. It is also a fact that Dogecoin is favoured by Elon Musk, Snoop Dogg, and many other celebrities. Dogecoin is one of the cryptocurrencies to consider in 2022.
7. Binance Coin
BNB or Binance Coin, a native coin for the Binance Chain, is today one of the hottest coins in the crypto market. The crypto coin is expected to grow quickly due to the rapid rise in BNB tokens. There are a number of facts about Binance blockchain and its products that makes Binance coin unique.
The first fact is that the Binance exchange is today the largest exchange globally by the number of tokens transacted every day. Another fact is Binance coin grew by over 1300% in 2021. It was one of the biggest performers of 2021. The other fact is BNB started an Ethereum token. These are key facts about BNB that most crypto investors do not know.
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