Cointelegraph’s “The Market Report” is live right now. On this week’s show, Cointelegraph experts discuss the best coins to buy during a bear market.
But first, market expert Marcel Pechman takes a close look at the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What are the prospects for the coming months? Pechman is here to explain it.
Next, the main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth, and Sam Bourgi as they discuss the best coins to buy in a bear market. First up will be Bourgi, who has settled on Monero (XMR), initially launched in 2014, which is focused on keeping your finances confidential and secure. Their second pick is Flux (FLUX), which is a cloud-based decentralized Web 3.0 application, and their third pick is Stacks (STX), which was the number one Web 3.0 project on the Bitcoin network in January. Stacks-based applications inherit all the advantages of Bitcoin, its tradability and its network effects.
Yuan is next with his first choice of Dai (DAI), of course someone had to pick a stablecoin. The main advantage of it, however, is that it is a multi-channel stablecoin, which means that there is more than one asset that supports it. His next pick is Tomb.finance (TOMB), which is an algorithmic stablecoin that is pegged to the price of Fantom (FTM). His latest pick of the week is The Sandbox (SAND), which has proven to be a great option in the metaverse space with major partnerships with Adidas, Snoop Dogg, Atari to name a few. It seems that Yuan has done his homework, but will it be enough to win your vote?
Last but not least, we have Finneseth, whose first choice will be Algorand (ALGO), which boasts fast transaction speeds, low costs and a simplified staking experience, and has not had any major network outages. no technical problems, quite an achievement. His second pick is DeFi Chain (DFI), a blockchain dedicated to fast, smart, and transparent decentralized finance services accessible to everyone, with a total value locked (TVL) approaching $1 billion. Their third and final pick of the week is The Graph (GRT), which has released modules designed to help businesses easily create data graphs and jumpstart their Web3.0 experience. The competition is going to be tough this week, so stay until the end to cast your vote in the live poll and find out who the winner is.
Following the showdown, we have data from Cointelegraph Markets Pro, a platform for crypto 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: Biswap (BSW) and the Origin Protocol (OGN) token.
Do you have a question about a coin or topic that hasn’t been covered here? Do not worry. Join the YouTube chat and write 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 Cointelegraph’s YouTube channel and hit that like button and subscribe to receive all of 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.