In this week’s edition of The Market Report, resident Cointelegraph experts discuss the most bullish cryptocurrencies right now.
The market report from Cointelegraph is available right now. On air this week, regular Cointelegraph experts discuss what they think are the top three coins to look out for.
But first, market expert Marcel Pechman takes a close look at the Bitcoin (BTC) and Ether (ETH) markets. Are current market conditions bullish or bearish? What are the prospects for the coming months? Pechman is here to break it.
Next: Main Event. Join Cointelegraph analysts Benton Jaune, Jordan Finneset, and Sam Burji as they each make their case for the most bullish cryptocurrency of the moment. First, we have Burji with his choice of Dogecoin (DOGE), which is incredibly popular thanks in large part to figures like Elon Musk and Mark Cuban. There is even speculation that there will be some sort of DOGE payment integration with Twitter. The technical aspects of the coin are also positive, and who doesn’t love a meme that has the potential to make money?
Next comes the Yuan with his choice of XRP Ripple, which has always been in the top 10 cryptocurrencies. The main goal of Ripple is to replace the SWIFT payment system with minimal transaction fees and incredibly fast confirmations. A big task to complete, but one that could have a lot of potential for a project. It also has many strategic partnerships with governments around the world and is already being used by giants such as Santander and Bank of America.
In third place is Finneset, who has chosen KAVA, the native token of the Kava platform focused on decentralized financial applications. Kava is a layer 1 blockchain that is claimed to combine the speed and interoperability of Cosmos with the power of Ethereum developers. More than 15 projects have already been implemented on the Ethereum coin, including Ren, Wing Finance and WePiggy. An additional positive advantage is that the KAVA rate can bring up to 35.44% per annum. All three options seem pretty strong for winning the live poll at the end of the discussion, so stay tuned until the end to see which option works best.
After the showdown, we have information from Cointelegraph Markets Pro, a platform for crypto traders looking to outperform the market. Analysts are using Cointelegraph Markets Pro to identify two altcoins that have attracted attention this week: NEXO and SWINGBY.
Do you have a question about a coin or a topic not covered here? Do not worry. Join the YouTube chat and ask your questions there. The person with the most interesting comment or question will receive a free month of Cointelegraph Markets Pro worth $100.
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