“The Market Report” with Cointelegraph is live right now. In this week’s episode, Cointelegraph experts discuss which memecoins may offer the highest return on investment in 2022.
But first, market expert Marcel Pechman takes a long, hard look at the Bitcoin markets (BTC) and ether (ETH). Are the current market conditions bullish or bearish? What are the prospects for the coming months? Pechman is here to find out.
Then the main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth, and Sam Bourgi in the debate over which memecoin may post the biggest gains this year. The first is Bourgi with his choice of FLOKI, which is more than just another dog-themed coin. Rather it is a movement -according to its creators- that offers three projects, a game of non-fungible tokens (NFT) called Valhalla, an NFT market and an educational platform on blockchain. But will it be enough for today?
After Bourgi is Yuan and his choice of Shiba Inu (SHIB), which is truly decentralized and in the hands of the community. It is built on the most secure chain on the market, Ethereum, and in addition, the project has a good friend in Vitalik Buterin, who has even been seen wearing Shiba Inu clothes on occasion. We will see if this influences the vote in favor of Yuan.
Next up is Finneseth and his choice of Dogecoin (DOGE), the one that started the memecoin revolution and that, according to Finneseth, will continue to exist when the others have disappeared. It offers low-cost transfers and is endorsed by notable influencers like Elon Musk and Mark Cuban, as well as a strong global community of supporters. Let’s hope they show up to support Finneseth and his election. Once each of our experts has made their case, you, the audience, will be able to decide the winner by voting in our live poll, so make sure you stick around until after everyone’s presentations to cast your vote.
After the confrontation, we have the data of Cointelegraph Markets Pro, a platform for cryptocurrency traders who want to stay one step ahead of the market. Analysts use Cointelegraph Markets Pro to identify two altcoins that stood out this week: Filecoin (FIL) and Umbrella Network (UMB).
Do you have a question about a coin or topic that hasn’t been covered here? Do not worry. Join the YouTube chat room and leave your questions there. The person with the most interesting comment or question will receive a free month of Cointelegraph Markets Pro, valued at $100.
“The Market Report” airs live every Tuesday at 12pm ET, so be sure to head over to the Cointelegraph YouTube channel and hit that like button and subscribe to receive all our future videos and updates.
Clarification: The information and/or opinions expressed in this article do not necessarily represent the views or editorial line of Cointelegraph. The information set forth herein should not be taken as financial advice or investment recommendation. All investment and commercial movement involve risks and it is the responsibility of each person to do their due research before making an investment decision.
Investments in crypto assets are not regulated. They may not be suitable for retail investors and the full amount invested may be lost. The services or products offered are not aimed at or accessible to investors in Spain.