Altcoins
Crypto Expert Releases List of Top 10 Altcoins to Buy for Maximum Profit in Bull Market
Crypto expert Michaël van de Poppe has repeatedly stated that altcoins are still largely undervalued heading into this bull run. He has now released a list of altcoins that he believes can provide investors with maximum returns.
Chainlink tops the list
In an X (formerly Twitter) job, Van de Poppe ranked Chainlink (LINK) as the number one altcoin that he believes has so much potential. He explained that Chainlink valuation is currently at the lowest point of the cycle and has fallen 40% since its recent peak. As such, this drop presents a “massive opportunity” since LINK is still likely to make more moves higher.
The second altcoin listed by Van de Poppe is Celestia (TIA). He emphasized that TIA is a relatively new project and would likely be a “major winner” in this market cycle. Considering that TIA is currently down 61% from its recent high, the crypto expert says this is a “giant opportunity” for those looking to invest in the token.
The third token on Van de Poppe’s list is Arbitration (ARB). The crypto expert hinted at the massive ARB token unlock in March, which caused heavy selling pressure. He also suggested that this is likely one of the reasons why its valuation has fallen 60% over the past month. However, he is bullish on Arbitrum as he sees the network as a “strong layer 2 stacking system” and believes that the ARB token could be one of the strongest winners in this cycle.
Polka dot (DOT) is the next altcoin mentioned by Van de Poppe. The analyst says DOT’s valuation is still at a cycle low, which has opened up a “big opportunity” to invest in it. ATOM (Cosmos) is another altcoin that the crypto expert believes is still vastly undervalued and could offer significant returns to investors.
Other Altcoins on the List
Van de Poppe mentioned DYDX (DYDX) as another altcoin with great potential. It revealed that the crypto token was hitting a low in the Bitcoin pair. He expects the token to make a significant upward move once its consolidation is complete. The crypto expert also listed Woo Network (WOO) as another vastly undervalued DeFi token.
In the meantime, SEI (SEI), like TIA, is another relatively new project that he believes will likely outperform other major crypto tokens in the next cycle. He also recognized that newer coins also have the potential to generate more gains than tokens that have been around for a while.
Skale Network (SKL) and Covalent (CQT) completed Van de Poppe list of ten altcoins that he believes are undervalued and could do well in this bull run.
Total market cap trending at $2.4 trillion | Source: Crypto Total Market Cap on Tradingview.com
Featured image from Coinpedia, chart from Tradingview.com