Cointelegraph’s “The Market Report”, is now live. This week, Cointelegraph’s resident analysts discuss which top coins are best to invest in a bearish market.
First, Marcel Pechman, a market expert, carefully analyzes the Bitcoin (BTC), and Ether (ETH), markets. Is the current market situation bullish or bearish? What are the prospects for the next few weeks? Pechman will help you understand it.
The main event is next. As Cointelegraph analysts Jordan Finneseth, Benton Yaun and Sam Bourgi debate which top coins are best to invest in a bearish market, they will be joined by Sam Bourgi. Bourgi will lead the charge and he has decided to buy Monero (XMR) instead. It was launched in 2014 and focuses on protecting your finances. Flux (FLUX) is his second choice. For his third, he chose Stacks (STX), the #1 Web3 project as of January. Apps built with Stacks inherit all the advantages, marketability, and network effects of Bitcoin.
Yuan follows with his first Dai (DAI) pick. Someone had to choose a stablecoin. The main benefit of this stablecoin is its multilateral nature. It can be backed by multiple assets, so it has many advantages. His next pick is Tomb.finance, which is an algorithmic stablecoin and is tied to Fantom’s (FTM) price. The Sandbox (SAND) is his last pick. This crypto-coin has been a major player in the metaverse with partnerships with Adidas and Snoop Dogg, as well as Atari. It seems like Yuan has done his research, but will that be enough to get your vote?
Finneseth is Finneseth’s first pick. Algorand, ALGO, boasts a fast transaction speed, low cost, and simplified staking experience. It has also managed to avoid any major network outages and technical problems. DeFi Chain (DFI) is his second choice. It’s a blockchain that provides fast, transparent, intelligent, and transparent decentralized financial services. This service is available to anyone with a total valued locked (TVL), of at least $1 billion. The Graph (GRT) is his third and final choice of the week. It has modules that help companies create data graphs, and get started with Web3 easily. This week’s competition will be fierce so make sure to vote in the live poll to see who emerges victorious.
We have insights from Cointelegraph Markets Pro after the showdown. This platform is for crypto traders who want a step ahead of market trends. Cointelegraph Markets PRO is used by the analysts to identify two altcoins which stood out this week: Origin Protocol (OGN), and Biswap.
Are you looking for information on a topic or coin that isn’t covered here? Don’t worry. You can join the YouTube chat and ask your questions there. The person who submits the most relevant comment or question will receive a $100 free month of Cointelegraph Markets Pro.
Market Report is live at 12:00 ET (5:00 UTC) every Tuesday. Make sure you visit Cointelegraph’s YouTube channel to smash the like and subscribe buttons to all future updates.
Eileen Wilson –Technology and Energy
My Name is Eileen Wilson with more than 5 years of experience in the Stock market industry, I am energetic about Technology news, started my career as an author then, later climbing my way up towards success into senior positions. I can consider myself as the backbone behind the success and growth of topmagazinewire.com with a dream to expand the reach out of the industry on a global scale. I am also a contributor and an editor of the Technology and Energy category. I experienced a critical analysis of companies and extracted the most noteworthy information for our vibrant investor network.