The best crypto of January has already started showing in the first week of the month. All the mentioned cryptocurrencies above have been doing very in the market lately, and there are a number of factors driving their performance. Here is a close look at each of them to see why they might be the best crypto of 2022 Jan.
Dogecoin has been around for a very long, having launched back in 2013. It is one of the first may peer-to-peer digital currencies and has built a massive community around it. The Dogecoin team has done a great job in developing this payment system. Apart from the incredible DeFi product, there are many other factors that might make this cryptocurrency be among the best in January.
One of them is celebrity endorsements. The relationship between Dogecoin & Elon Musk will be one of the key factors affecting the coin growth this month. Elon Musk is very influential in marketing, and his association with products makes them grow big.
The recent comment praising Dogecoin as a better option to Bitcoin for transactions has made the coin popular. The Dogecoin & Elon Musk & Dogecoin association is also going to give the project more publicity, which is crucial for any project's growth. Dogecoin team also has put out an impressive 2022 road map that might make it among the best crypto of January.
Shiba Inu has been one of the bullish crypto of 2021. The coin grew by an unimaginable percentage that left many people rich. With an almost 50 million percentage growth in 2021 alone, this is definitely one of the cryptocurrencies to watch in January.
Despite being a meme Shiba Inu, still has a huge potential based on the strength of the market value. Ranked #13 at the time of this rating, the coin's huge community can easily turn things around and make it the best crypto of 20222.
But there are more developments taking place in Shiba 2022 roadmap that might make it grow larger in January. The launch of the DOGGY DAO in 2022 will be one of the major developments. The DAO will decentralize the platform further by giving the community more control, which will make Shiba more popular.
The use of $BONE as the gas token for the Shibarium blockchain might also affect the $SHIB price positively. These factors might make Shiba Inu the best crypto of January.
Despite being one of the newest cryptocurrencies, Babydoge looks very promising in January. The cryptocurrency launched on 20th July 2021 and has been doing very well because of a number of factors. First, Babydoge is a DeFi project that decentralizes financial industry. These are projects that are expected to do well in the market.
The other reason why Babydoge might surge in January is the rewards that investors are getting. With every 5% of the transaction rewarded to the token holders, many investors might join the coin in January. This will increase the market value and the surge in coin price.
The hype around the Babydoge coin is about the association with Elon Musk, and Dogecoin coin may also increase the growth of Babydoge. The team's ambitions to venture into pet charity, NFT creation, GameFi, and other products in the future might also make it the best crypto of 2022 January.
Bitgert is among the crypto projects that investors need to watch closely this month. In the last few days, the market cap for the coin has grown by over 200%, a growth that no other cryptocurrency has managed to achieve. It is a DeFi project that is quite new in the market, having launched in late July 2021.
However, the team is recording fast accomplishments in developing a decentralized global payment system. What is more interesting is the utility that the team is providing with the project. It will be a complete DeFi ecosystem with a crypto exchange and a 'zero gas fee blockchain.'
The zero gas fee exchange is one of the products that might make Bitgert be the best crypto of 2022. There is no other 'gasless blockchain,' which is why the crypto community is attracted to the Bitgert free gas blockchain. There is so much coming that might make Bitgert (BRISE) the best crypto of 2022. Read more on the Bitgert official Website.
The Centcex crypto exchange is one of the most talked-about cryptocurrency exchanges in the market. The team has promised to deliver one of the safest crypto exchanges in the market and an exchange that offers the best user experience. Centcex exchange will also be one of the fastest exchanges and a no-KYC protocol.
All these are features that users are looking for and will make the exchange popular. But the utility that CENX token is offering is another factor that can make the project one of the best crypto of 2022. The team has 3% of every transaction going to the Centcex lab to fund unlimited projects. Such a high utility Centcex token will attract many investors.
Other factors that have the potential of making this cryptocurrency grow in January is the staking. Centcex token stakers share 100% APY of the generated revenues. All these are just some of the factors that might make this project one of the biggest crypto of 2022 Jan. Visit the Centcex website for more information.
Dogelon Mars is another dog coin doing very well in the market. The coin launched in April 2021 with the aim of developing an interplanetary cryptocurrency, ELON, that will be used in 2420 after the Mar re-colonization. So it is a meme coin built on fantasy and has no real utility as of now apart from just holding in the wallet.
But like many other meme coins, Dogelon Mars has a huge potential to appreciate and explode just Shiba Inu did. This can happen, especially with the unconfirmed association it has seen with Elon Musk. The name of the token is ELON, which is creating a lot of speculation.
Therefore, based on the 2021 growth, ELON might be one of the best crypto of 2022. A slight movement in favor of this meme coin can cause a huge explosion, just like other meme coins have done.
Before investing in any of these cryptocurrencies, thorough research is highly recommended.
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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.