What are the top social tokens waiting to take off?

The “Market Report” with Quintelgraph is now available.In this week’s program, Quintelgraph residents’ experts discuss the social tokens you need to follow closely.

But first, market expert Marcel Pachman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bull or bear? What is the forecast for the coming months? Pachman is here to dismantle it.

Next: The main event. Join analysts at Quintelgraph Benton Yeon, Jordan Pinest and Sam Burji as they each claim the top social token. First, we have Bourgi with his choice of STEEM, the original token of the social blockchain network Steem, which rewards users for creating content. Its purpose is to return value to content creators who contribute to the platform. Although it is based on older technology, it is proven and never hacked, and had minimal downtime. It seems like a promising platform, but what will the other hosts have to say about it?

Yuan is next in line with his choice of whale, which is back to a tangible currency backed by real assets. Instead of using gold, he holds his value in digital art and rare collectibles, and seeks to strike a balance between preserving wealth and speculating on growth through a well-balanced “basket” of the rarest non-exit tokens safely stored in his safe. Whale token holders can purchase exclusive NFTs, digital and physical swag, and vote in the Whale Distributed Autonomous Organization (DAO). To add to that, there will ever be only 10 million whales ever created. Will this platform give everyone a chance to be a whale?

In third place, we have Finneseth with the choice of RLY, Rally’s original token – a social token protocol that allows creators to launch their own branded cryptocurrency without having any technical knowledge, as well as interact with their communities. This is a great protocol for streamers, artists, musicians, gamers, athletes or even general content creators, allowing them to monetize their social interactions. Rally does not take commissions, has a low environmental impact and does not require crypto experience on the part of content creators. Will everyone soon have their own cryptocurrency? Stay tuned until the end of the program, where you can decide who chose the best project by voting in our live poll.

After the confrontation, we got insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. Analysts are using Cointelegraph Markets Pro to identify two altcoins that stood out this week: Lido DAO Token (LDO) and Koinos (KOIN).

Do you have a question about a currency or topic that is not discussed here? Do not worry. Join the YouTube Chat Room and post your questions there. The person with the most interesting comment or question will receive a free month of Cointelegraph Markets Pro, worth $ 100.

The market report runs live every Tuesday at 12:00 PM ET (4:00 PM UTC), so be sure to head over to the Cointelegraph YouTube page and shatter the Like and Subscribe buttons for all of our future videos and updates.

This article does not contain investment tips or recommendations. Every investment and trading move involves risk, and readers must conduct their own research when making a decision.

The views, thoughts and opinions expressed herein and throughout the Program are those of the Analysts only and do not necessarily reflect or represent the views and opinions of Quintalgraph.

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