Successful Analyst: This Altcoin Group Could Rally By 10x!

Popular crypto trader Michaël van de Poppe is keeping a close eye on several altcoins, as well as a blockchain sector he says is experiencing massive adoption.

In a recent Twitter post, the popular analyst shared a chart with his 584,800 Twitter followers tracking the price action of the decentralized oracle network Chainlink (LINK) going back to September 2020.

“Let me repeat the question. If a graph looks like this and in DeFi [merkezi olmayan finans] if oracles are sorely needed + LINK is by far the biggest,

Would you be interested in selling or buying the underlying asset?”

LINK analysis

by Van de Poppe on your radar The next altcoin to appear is Web 3.0-oriented Ankr (ANKR), which is based on the sharing of computing resources.

“ANKR is in a range, there are very important support levels below it.

If it breaks $0.10, it’s party time ready. I can deal with lower levels.”

ANKR analysis

The last asset on the chart guru’s altcoin list is the Reserve Rights Token (RSR), an anti-inflationary project that bundles baskets of tokenized assets. The RSR has been in a slow downtrend for several months. Van de Poppe also asked the critical question for this altcoin:

“Let me ask you a question.

If a chart looked like this, would you be interested in buying or selling the underlying asset?”

RSR analysis

Alongside these, Van de Poppe ended the tweetstorm by highlighting how significantly the smart contract platform Avalanche (AVAX) has grown. He said such a massive adoption means that layer 1 blockchain projects have the potential to increase their value tenfold. The famous analyst expressed his assessment of altcoin with the following words:

“Accounts created daily on Avalanche hit a new all-time high with over 500,000 account creations. Adoption? Yes.

The market is growing faster and faster. It’s accelerating.

Tier-1s could easily go 10x and be a decent value at this point given the perspectives they have.”

You can check the price movements here.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.


source site-7