According to an update to the Forbes Cryptocurrency Lich List, there are currently 19 cryptocurrencies billionaires. When the list was released in 2018, the threshold was $ 350 million, but now it’s $ 1 billion, and there are seven more editions this year.
WARNING: All crypto billionaires are founders or related to crypto projects and exchanges. Changpeng “CZ” Zhao, CEO and Founder of Binance, is, for example, the wealthiest person in the industry at an estimated $ 96 billion and is now the 19th wealthiest person in the world.
Becoming a billionaire is probably not an investment goal for crypto traders, but it was this time last year that CBS News reported 100,000 newly cast Bitcoin millionaires. If Bitcoin or, in fact, hundreds of Altcoins can reach record highs again in 2022, the rate of return on investment can always be high.
Here we will look at the price analysis of Bitcoin, Ethereum, Everglow Coin, Dogecoin, and BNB.
Bitcoin (BTC)
Bitcoin has lost -2.75% price in the last 24 hours. It has fallen from the local high of $ 48,000 as of April 6 to $ 45,400. This is a worrying move for Bitcoin Bull, which BTC currently wanted to break through the 200-day SMA for $ 48,277.
Nevertheless, Bitcoin is still in the bullish territory, with a 20-week SMA of $ 43,884 and a 21-week EMA of $ 44,294. Bitcoin broke through these key indicators at the end of the week’s trading on March 27th. The next two candles are red with a core brushing both the 200-SMA and the 21 week EMA.
If Bitcoin You can find current price support, which will be a strong sign of the new bull market in April 2022.
Ethereum (ETH)
Ethereum prices have fallen 4.93% over the past day and 1.56% over the past week. ETH Currently worth $ 3,358.
Due to Ethereum’s growth, this week’s trading began above the 200-day SMA (currently $ 3,489). Last week, Ethereum closed with a tall green candle, and Bitcoin closed the week with red. There is a lot of talk around Ethereum right now as we plan to switch to a new consensus mechanism that lowers gas prices and speeds up the network.
Ethereum is at risk of falling below the 20-week SMA (currently $ 3,268), so the current price must be maintained.
EverGrow coin (EGC)
EverGrow Coin has so far risen 2.5% from its local lows in April and has potential for growth this month as newcomers to cryptocurrencies with their own utilities decline. With an EGC token price of $ 0.000000428514 and a market capitalization of $ 230 million, it is this type of project that is expected to grow rapidly for investors.
EverGrow coin Announced the opening of a new NFT marketplace in the BNB chain. This will enable NFT financing for the first time. NFT owners can provide assets as collateral in return for cryptocurrency loans. This is a unique mechanism that attracts new users who want to generate passive revenue without selling NFTs.
EverGrowCoin is in the spotlight of investors as Metaverse integration is planned by the end of 2022 and a new content subscription platform called Crator will soon be released.
Dogecoin (DOGE)
Doge has grown 7.7% in the last 24 hours and has grown 12.4% in a week. Doge got a boost on Monday as the document revealed that Elon Musk became the largest Twitter shareholder. Not only is this popular with Tesla CEO (you can use DOGE to charge Tesla in Santa Monica), but you can also see meme coins added to your Twitter payments, thus boosting Dogecoin. bottom.
Doge This week, the 20-week SMA was above $ 0.1529 and the 21-week EMA was above $ 1.607. It is currently trading at $ 0.1619. Yesterday, Dogecoin almost passed the 200-day SMA at $ 1.831, but quickly retreated to maintain support at $ 0.16.
BNB
BNB is down 2.8% today after 3 weeks of green candles. BNB is currently trading at $ 441.2, above the 21-week EMA ($ 433.4), but cannot beat the 20-week SMA at $ 452.9.
BNB appears to be trading flat this week, not close to the 200-day SMA of $ 468.5. BNB’s 24-hour trading volume is lower than its closest rival, LUNA, which has a market capitalization of $ 41 billion, compared to BNB’s $ 72.9 billion.
The BNB needs to keep pushing higher to maintain its current levels and reach record highs, as it did when it reached $ 690 in early May last year.
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