Cointelegraph’s market report is now live. On this week’s episode, Cointelegraph’s resident experts discuss the three most bullish coins they believe should be taken a closer look.
But first, market expert Marcel Pechman took a closer look at the Bitcoin (BTC) and Ethereum (ETH) markets. Are the current market conditions bullish or bearish? What’s the outlook for the next few months? Pageman is here to break it.
Next up: the main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as they all make their case for the most bullish cryptocurrency right now. First, we have Bourgi and his pick of Dogecoin (DOGE), which is hugely popular, mainly because of figures like Elon Musk and Mark Cuban. There’s even speculation that Twitter will do some kind of payment integration with DOGE. The technology of the coin is also positive, who doesn’t like a meme with the potential to make money?
Yuan is followed by his pick of Ripple’s XRP, which has been in the top 10 cryptocurrencies. Ripple’s main goal is to replace the SWIFT payment system with the lowest transaction fees and incredibly fast confirmations. It’s a tall order, but one that could have great potential advantages for the project. It has also established many strategic partnerships with governments around the world and has been used by giants such as Santander and Bank of America.
In the third position, we have Finneseth choose KAVA, the native token of the Kava platform, focused on decentralized financial applications. Kava is a layer-one blockchain that claims to combine the speed and interoperability of Cosmos with the developer capabilities of Ethereum. More than 15 projects have been deployed on the Ethereum chain, including Ren, Wing Finance and WePiggy. Another bullish benefit is that staking KAVA can earn up to 35.44% APY. By the end of the discussion, all three options seemed very likely to win live votes, so stay tuned to the end to find out which option came out on top.
After the showdown, we got insights from Cointelegraph Markets Pro, a platform for crypto traders looking to stay one step ahead of the market. Using Cointelegraph Markets Pro, analysts identified two altcoins that stood out this week: NEXO and SWINGBY.
Do you have questions about coins or topics 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 get a free month of Cointelegraph Markets Pro worth $100.
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This article does not contain investment advice or recommendations. Every investment and trading move involves risk and readers should do their own research when making a decision.
The views, thoughts and opinions expressed here and during the show are those of analysts only and do not necessarily reflect or represent the views and opinions of Cointelegraph.