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On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss which memecoins can get you the most return on investment in 2022.
“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which memecoins can get you the most return on investment in 2022.
But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down.
Next up: the main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as they debate which popular memecoin can get you the most bang for your buck. First up is Bourgi with his pick of FLOKI, which is more than just another dog-themed coin. Rather, it’s a movement — according to its creators — that offers three projects, a nonfungible token (NFT) game called Valhalla, an NFT marketplace and a blockchain education platform. But will that be enough for today?
Following Bourgi is Yuan and his pick of Shiba Inu (SHIB), which is truly decentralized and community-led. It is built on the most secure chain on the market, Ethereum, and what’s more, the project has a good friend in Vitalik Buterin, who on occasion has even been seen rocking Shiba Inu apparel. We’ll see if this will sway the vote in Yuan’s favor.
Next up is Finneseth and his pick of Dogecoin (DOGE) — the one that started the memecoin revolution and that Finneseth claims will be around after the others have long gone. It offers low-cost transfers and has the backing of notable influencers such as 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 pick. Once each of our experts has made their case, you, the audience, get to decide the winner by voting in our live poll, so be sure to stick around till after everyone’s presentations to cast your vote.
After the showdown, we’ve got insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. The 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 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 be given a free month of Cointelegraph Markets Pro, worth $100.
“The Market Report” streams live every Tuesday at 12:00 pm ET (5:00 pm UTC), so be sure to head on over to Cointelegraph’s YouTube page and smash those like and subscribe buttons for all our future videos and updates.
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.