Cryptography expert Michael van de Poppe he has repeatedly stated that altcoins are still very undervalued in this bull run. Now, he has published a list of altcoins that he believes can provide maximum returns to investors.
Chainlink tops the list
In an X (formerly Twitter) publish, Van de Poppe listed Chainlink (LINK) as the number one altcoin that he believes has so much potential. He explained that Chainlink Valuation is currently at a cycle low and is down 40% since its recent peak. As such, this decline presents a “huge opportunity” as LINK is still likely to make further upward moves.
The second altcoin listed by Van de Poppe is Celestia (AUNT). He noted that TIA is a relatively new project and would likely be a “big winner” in this market cycle. Considering TIA is currently down 61% from its recent peak, the crypto expert claims this is a “giant opportunity” for those interested in investing in the token.
The third token on Van de Poppe’s list is Arbitration (ARB). The crypto expert alluded to the massive unlocking of ARB tokens in March, which caused a lot of selling pressure. He also suggested that this is probably one of the reasons why his valuation dropped 60% last month. However, he is bullish on Arbitrum as he considers the network to be a “strong Layer 2 Rollup system” and believes the ARB token could be one of the strongest gainers this cycle.
Polkadot (DOT) is the next altcoin mentioned by Van de Poppe. The analyst states that DOT’s valuation is still at the lowest of the cycle, which has opened up a “great opportunity” to invest in it. ATOM (Cosmos) is another altcoin that the crypto expert believes is still very undervalued and could provide significant returns for investors.
Other Altcoins on the list
Van de Poppe mentioned DYDX (DYDX) as another altcoin with great potential. He revealed that the crypto token is reaching a cycle low level in the Bitcoin pair. He expects the token to make a significant upward move once the consolidation ends. The crypto expert also listed WooNetwork (WOO) as another DeFi token that is very undervalued.
About that, I KNOW I KNOW), like TIA, is another relatively new project that he believes will likely outperform other major crypto tokens in this next cycle. He also acknowledged that newer coins also have the potential to see more gains than tokens that have been around for a while.
Skale (SKL) and Covalent Network (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
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