“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which Terra-based coins you should be looking out for 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 Terra-based coin has the most explosive potential. Will it be Bourgi’s pick of StarTerra, which capitalizes on blockchains' biggest trends — play-to-earn, nonfungible tokens (NFTs) and staking — basically combining multiple multibillion-dollar industries?
Bringing his pick to the table next is Yuan with Loop Finance, which aims to launch the world’s first decentralized finance NFT marketplace that will include NFTs linked directly to DeFi protocols such as Anchor Protocol? It will also launch a content creation platform where creators will be rewarded in LOOPR tokens for creating quality crypto content. There is a lot happening with the project, but will it be enough to win the votes of the audience?
Lastly, we have Finneseth with his pick of Mirror Protocol, which is currently the sixth-ranked protocol by total value locked on Terra, with $594.63 million locked on the protocol. Assets on the protocol “mirror” versions of real-world assets by reflecting the exchange prices on-chain. These assets include Apple, Airbnb, Amazon, Microsoft, PayPal and Tesla stock along with major cryptocurrencies. It seems like a clear winner, but you’ll have to wait and see.
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: Anchor Protocol’s Anchor Token (ANC) and Waves.
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.
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.