Michaelvan De Poppe: Altcoins Worth Investing In
Trader and cryptoanalyst Michaël van de Poppe wrote on his Twitter account what cryptocurrencies can surprise investors in the near future
According to him, Chainlink (LINK) is able to become a project that can repeatedly recoup the investment. The capitalisation of the project exceeds 11.08 billion dollars. This indicates the presence of interest from investors.
Michaël van also stressed that it is profitable to invest in decentralised oracles in general. In addition to Chainlink (LINK), Band Protocol (BAND), Decentralized Information Assets (DIA), Teller (TRB) and API3 are also profitable for investment. Given that their capitalisation does not exceed 250 million, they are undervalued.
Also, the crypto trader is confident in Ethereum. He says that the level above 2 thousand dollars, which has been holding the cryptocurrency since the end of April, shows the potential for growth. Trades in the region of 2000 dollars can lead to a major rebound.
Regarding Bitcoin, Michaël van de Poppe believes that the bull market is not yet complete, and a new historical high is ahead. This has already been the case in the history of cryptocurrency in 2011-2014 and the previous cycle of 2018, and it is possible to repeat this situation.
The current price of cryptocurrency can be found on the Huobi exchange. It is the world's largest crypto exchange with profitable trading offers and low commissions.
This review is not an advertisement or a recommendation to action, but merely an informational one. The publisher and the author are not responsible for your decisions.