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On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the best altcoins under $3 you may want to consider buying.
“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss the best altcoins to buy for under $3.
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 discuss the best altcoins to buy for under $3. First up, we have Bourgi with his first pick of 1INCH, the governance token of the 1inch decentralized exchange, which aims to offer the best rates by discovering the most efficient swapping routes across all leading DEXs. Second on his list is Enjin Coin (ENJ), which he describes as the plumbing for the metaverse and gaming projects building on the blockchain. Enjin Coin is an Ethereum-based token that aims to make it easy for individuals, businesses and brands to use nonfungible tokens (NFTs).
Yuan is next with his first pick of SUPER, the native token of SuperFarm, a blockchain-based decentralized ecosystem that enables users to create, deploy, develop and farm NFTs. It offers cross-chain NFT farming, making the process, and NFTs in general, more accessible and available to the average user. For his second pick, he’s decided to go with NCASH, the native token of Nitro Network, which launched in 2014 and aims to bridge the divide between the online and offline retail world. The project is an Internet of Things-based, contactless identification system that enables retailers to identify and better serve their customers by using customer records to make precise decisions on product preferences without the use of WiFi or Bluetooth.
In the third spot, we’ve got Finneseth with his first pick of MATIC, the native token of Polygon, which is a layer-2 scaling solution that seeks to provide faster transactions and lower costs for users. It acts as a speedy parallel blockchain running alongside the main Ethereum blockchain. Last, but not least, is RON, the native token of Ronin — another sidechain designed for crypto gaming that currently hosts Axie Infinity, one of the most active games in crypto. Third-party developers are also coming soon, which could bring thousands of new games to the Ronin network. They are all interesting picks, as always, so make sure to stick around till the end of the show to find out who had the best choices, which will be decided by our live poll.
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: Axie Infinity Shards (AXS) and NFTX.
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 (4:00 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.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
The views, thoughts and opinions expressed here and during the show are the analysts' alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
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.