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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
The bearish market struck again this week, and its effects have been felt across the entire industry. Many cryptocurrencies plunged, with some posting over 10% price drops. Ethereum, BNB, and Bitcoin are among the largest cryptocurrencies that slipped, and even today, they are still struggling to come out of the dip.
However, not all crypto coins were plunging. Some like Bitgert and Centcex, among others, have been doing very well in the market. Read more about these cryptocurrencies and what's trending now:
Among the top trending cryptocurrencies is the Bitgert coin. This is one of the few cryptocurrencies that have been bullish during the bear run and is still doing very well during the current market breather. The main reason for the recent Bitgert price exponential growth is the launched Bitgert BRC20 blockchain. It is the first zero gas fee blockchain, and it has ended the costly gas fee problem in the blockchain.
With the gas fee for this chain being $0.0000000000001, it is the cheapest gas ever seen in the industry. Apart from offering the lowest gas fee, the Bitgert blockchain is also the fastest chain after surpassing Solana to post a 100K TPS. The revolutionary Brise chain and the upcoming Bitgert exchange are among the reason Bitgert is trending right now.
Centcex is also trending after making some good gains during the bear market but didn't skyrocket Bitgert. The growth was driven by the huge number of investors buying Centcex. Centcex is building an ecosystem with an unlimited number of products, something that is catching investors' attention. This project targets millions of users through its large number of utilities and, in the process, generates a huge among of revenue for the staked CENX.
The huge number of Centcex users will also increase network adoption. That's how Centcex price will skyrocket. So Centcex is a crypto project designed to provide blockchain users with ultra-quality crypto applications and the same time, make investors rich. That's why more investors are buying the coin despite the project being still young.
Today's market looks bullish, with even Ethereum being in the green, but looking at the past 7 days, Ethereum is still in the red. This is because it is among the cryptocurrencies that experienced a major drop in prices. The crashing market also pushed Ethereum to below $3k.
However, Ethereum is expected to make a fast recovery from the dip, especially after the team announced a cheaper gas fee. This is a result of an upgrade that is going on. But the Ethereum chain will also need to beat Bitgert BRC20 blockchain, which is now the fastest chain and has the lowest gas fee.
The current crypto market charts show that Bitcoin is increasingly recovering from the dip. At the time of this writing, Bitcoin was 8% green, making it one of the biggest gainers today. In fact, Bitcoin, for the first time after many days, trading above $40k.
However, Bitcoin is still red for the dip it slipped into during the recent market crash. Bitcoin is one of the coins expected to make a fast recovery and might soon clear off the red region. The bullish market looks like it might continue for the rest of the day.
Another cryptocurrency still struggling with the effects of the recent crypto plunge is BNB. The Binance coin was significantly affected by the recent plunge and is among coins that posted over a 10% drop. But the current breather is giving the BNB some recovery.
In fact, BNB was green as of this writing and looks like it might recover from the past week's drop. The market looks good for now, and the coin might make some impressive recovery during the current bullish market. However, the BNB chain still has to beat the Bitgert BRC20 blockchain to remain competitive.
