On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the most bullish cryptocurrencies at the moment.
The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss what they believe are the top three most bullish coins one should take a closer look at.
But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down.
Next up: the main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as each makes his case for the most bullish cryptocurrency right now. First up, we have Bourgi with his pick of Dogecoin (DOGE), which is incredibly popular mostly because of personalities like Elon Musk and Mark Cuban. There is even speculation that there will be some kind of DOGE payment integration with Twitter. The technicals of the coin are positive as well, and who doesn’t like a meme that has the potential to make you money?
Yuan is up next with his pick of Ripple’s XRP, which has always been in the top 10 cryptocurrencies. Ripple’s primary goal is to replace the SWIFT payment system via minimal transaction fees and incredibly fast confirmations. A tall order to fill, but one that could have a lot of potential upside for the project. It also has many strategic partnerships with governments across the globe and is already used by giants such as Santander and Bank of America.
In the third spot, we’ve got Finneseth with his pick of KAVA, the native token of the Kava platform, which is focused on decentralized finance applications. Kava is a layer-1 blockchain that claims to combine the speed and interoperability of Cosmos with the developer power of Ethereum. More than 15 projects have already been deployed on the Ethereum co-chain, including Ren, Wing Finance and WePiggy. An added bullish benefit is that staking KAVA can earn up to 35.44% APY. All three choices seem pretty strong to win the live poll at the end of the discussion, so stay tuned till the end to find out which option comes out on top.
After the showdown, we’ve got insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. The analysts use Cointelegraph Markets Pro to identify two altcoins that stood out this week: NEXO and SWINGBY.
Do you have a question about a coin or topic not covered here? Don’t worry. Join the YouTube chat room, and write your questions there. The person with the most interesting comment or question will be given a free month of Cointelegraph Markets Pro, worth $100.
The Market Report streams live every Tuesday at 12:00 pm ET (4:00 pm UTC), so be sure to head on over to Cointelegraph’s YouTube page and smash those like and subscribe buttons for all our future videos and updates.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
The views, thoughts and opinions expressed here and during the show are the analysts’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.