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Top Analyst Explains Why He Is Buying These 5 Altcoins

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In the wake of Ethereum exchange-traded funds (ETFs) approval, top analyst Michaël van de Poppe is bullish on five specific altcoins and predicts substantial returns.

This landmark event has spurred interest across the Ethereum ecosystem, setting the stage for an altcoin season. Here is a look at the altcoins van de Poppe is eyeing to buy, each chosen for their potential to yield significant gains.

1. Optimism (OP)

Optimism, a Layer-2 scaling solution for Ethereum, is the first altcoin on the list. With Ethereum’s price surge, platforms enhancing its efficiency are expected to thrive.

This Layer-2 network utilizes roll-up technology to batch transactions, reducing costs and increasing speed. Michaël van de Poppe highlighted its impressive total value locked (TVL) ratio, indicating robust ecosystem growth. Optimism’s low circulating supply further enhances its bullish outlook.

“I think that a coin like Optimism can do between, I would say, 300% to 800% in BTC value in the coming six months. I think that’s very likely and that’s probably the first run,” van de Poppe said.

Optimism (OP) TVL
Optimism (OP) TVL. Source: DeFiLlama

2. Arbitrum (ARB)

Next is Arbitrum, another Layer-2 solution competing closely with Optimism. It leverages zero-knowledge rollups, a technology providing faster and more secure transaction processing.

Despite its price struggles, Arbitrum’s ecosystem shows strong development momentum. Van de Poppe believes its substantial TVL and ongoing advancements make it a solid investment, poised for a significant rebound.

“If you look at the TVL of this Arbitrum, it’s almost the exact same amount as the market capitalization. So that is super bullish as the ecosystem is also growing. But once we look at the price action, it is garbage,” van de Poppe added.

Read more: 11 Cryptos To Add To Your Portfolio Before Altcoin Season

Arbitrum (ARB) Performance Against Bitcoin
Arbitrum (ARB) Performance Against Bitcoin. Source: TradingView

3. Woo Network (WOO)

Woo Network, a decentralized exchange (DEX) known for its high liquidity and low fees, is another altcoin van de Poppe plans to buy.

In the decentralized finance (DeFi) sector, DEXs are gaining traction due to increasing regulatory pressures on centralized exchanges. Woo Network’s technological advantages and growing user base position it well for growth, particularly as trading volumes on Ethereum continue to rise.

“Once Ethereum starts to do well and the volumes are already waking up, this is where WOO comes in. There’s also a revenue being made so that is why I think it’s a great one to have. I think when the whole cycle starts for WOO, it can actually yield between 500% to 1,500%,” van de Poppe explained.

Woo Network (WOO) Price Analysis.
Woo Network (WOO) Price Analysis. Source: TradingView

4. Wormhole (W)

Wormhole, a bridge protocol for interoperability between blockchains, ranks fourth. As the DeFi landscape expands, seamless asset transfers across different blockchains are critical.

Its innovative solutions facilitate this cross-chain communication, making it an attractive investment. Although relatively new, its potential for widespread adoption and integration into various blockchain ecosystems is high.

“I want to bet on safe Solana (SOL) solutions. The only tricky part with Wormhole is the fact that there are still unlocks, but these unlocks are going to take some time so that’s why I think that this one is going to do really well,” van de Poppe added.

Wormhole (W) Token Unlocks
Wormhole (W) Token Unlocks. Source: TokenUnlocks

5. Dogecoin (DOGE)

Finally, Dogecoin, a well-known meme coin, remains a favorite. Despite its volatility, Dogecoin’s community support and recent price performance make it a viable short-term play.

Michaël van de Poppe sees it as a high-risk, high-reward asset, especially amid a broader crypto market upswing.

“Whether you like it or not, you see all the meme coins doing well. Floki, Book of Meme, Bonk. All of those meme coins are doing well. This is the time when you want to get yourself into a position of Dogecoin. It’s the easiest one. It will do a 4x to 5x or maybe even more,” van de Poppe concluded.

Read more: 7 Hot Meme Coins and Altcoins that are Trending in 2024

These altcoins are selected based on their technological strengths, market positioning, and potential for high returns. However, it is essential to approach these investments with caution, given the inherent volatility of the cryptocurrency market.

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In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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A Make or Break Situation As Ripple Crypto Flirts Around $2

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XRP price has come under strong selling pressure with more than 13% drop on the weekly chart, and is currently facing a make-or-break situation, flirting around $2 level. Following yesterday’s low at $2.03, the Ripple crypto has seen a brief bounce back above $2.11, however, it remains to be seen whether this bullish sentiment can sustain moving ahead from here onwards.

XRP Price Faces Crucial Test as MVRV Indicator Tanks

The Market Value to Realized Value (MVRV) ratio for XRP has dropped below its 200-day moving average, a key indicator that could suggest a macro trend shift in price action, reported crypto analyst Ali Martinez.

Source: Ali Martinez

This crossover is often seen as a bearish signal, indicating that XRP price may be entering a new phase of market movement. Analysts are closely observing whether this dip is the start of a broader downtrend or signals a potential accumulation phase for investors. However, market analysts are hopeful of the 125% in XRP options trading volumes, with some expecting a potential bounce back to $2.5.

Ripple Crypto In A Make-or-Break Situation

As of press time, the XRP price is showing signs of recovery from yesterday’s bottom at $2.03 with daily trading volumes pumping 35% to more than $4.0 billion. However, per the Coinglass data, the XRP futures open interest is showing mild movement at 0.7%, showing no clear directional signs.

XRP has rebounded from the $2.03 support level and is moving upward, however, a sustained breakout above the trendline resistance of $2.30 is crucial to target $2.91.

Source: Trading View

If XRP fails to hold above $2.03, major support levels are positioned at $1.79 and $1.56, which could determine the next directional move. Traders are closely watching price action for confirmation of a bullish breakout or potential downside risk. If the Ripple crypto defends $2, some market analysts are predicting a 600% XRP rally from here.

Will Ripple Lawsuit Delay Play the Spoilsport?

Despite Ripple and US SEC agreeing on no further cross appeal in the XRP lawsuit, chances of an imminent settlement in this case seem low. An XRP advocate recently suggested that the SEC would not issue an official announcement regarding the XRP lawsuit until August 7, citing a court ruling as the basis for the claim.

However, former SEC attorney Marc Fagel dismissed the assertion, calling it “stupid and wrong,” sparking debate within the crypto community.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Charles Hoskinson Reveals How Cardano Will Boost Bitcoin’s Adoption

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Cardano founder Charles Hoskinson says the network will play a key role in Bitcoin DeFi transactions in the future. With several partnerships and innovations in the works, Hoskinson says Cardano is bracing itself to explore layer 2 solutions on the Bitcoin blockchain,

Cardano Positions Itself For Bitcoin DeFi

In an interview with Scott Melker, Cardano’s founder has revealed ambitious plans for the network to turbocharge Bitcoin’s adoption for DeFi applications. Hoskinson notes that large financial institutions will trigger a demand for Bitcoin DeFi given their fiduciary obligation to create yield.

He notes that a Bitcoin ETF providing DeFi yields will trigger shareholders to demand similar yields. Hoskinson eyes a three-year timeframe for institutions to plant their feet in Bitcoin DeFi and UTXO DeFi.

Hoskinson says Cardano will combine Hydra with the Bitcoin Lightning network and build a trustless recursive bridge between both networks. The founder adds that its Aiken programming language will enabled to write both Bitcoin and Cardano scripts.

Furthermore, a partnership with Maestro, an infrastructure provider allowing Bitcoin integration with UTXO-based blockchain will provide a “turn-key experience” for users.

“It’s still early days but we are making methodical progress every step of the way,” said Hoskinson.

Hoskinson is moving on from his absence from the Crypto Summit at the White House, doubling down on technical innovation. He notes that the Bitcoin-focused plays by Cardano will not adversely affect the network’s road map.

Is Bitcoin Ready For DeFi Applications?

Hoskinson revealed in the interview that Bitcoin is ready for DeFi utility following the Taproot and the Lightning Network advancements. According to the founder, Taproot added programmability features to the Bitcoin network and Cardano will push the frontiers.

He adds that Cardano will enable Bitcoin users to engage in DeFi transactions while transacting with only BTC. Hoskinson says a merger between Bitcoin is enough to make Cardano’s DeFi significantly larger than Ethereum and Solana combined.

While the integration will send Cardano price soaring, ADA wallows at $0,6611 after losing 10% in a week. However, traders are targeting an ADA pump in May following the forming of a cyclical pattern.

An analyst argues that a price rally to $10 is not a crazy prediction given a streak of solid fundamentals and partnerships for Cardano.

 

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Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Ethereum Bitcoin Ratio Drops to Record Low, What Next for ETH?

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The world’s second-largest digital asset, Ethereum (ETH), struggles to keep up with Bitcoin. Market data shows that the ETH/BTC ratio has dropped to its lowest level in five years. Consequently, investors and analysts are now questioning whether Ethereum can recover in the coming quarter, considering Bitcoin may continue its long-standing domination in the digital assets market.

The Ethereum Bitcoin Ratio At New Lows

ETH performed poorly compared to Bitcoin in the first quarter of 2025. According to a recent update from The Kobeissi Letter, the Ethereum to Bitcoin ratio has dropped to 0.02, its lowest level since December 2020.

Historically, Ethereum has gained strength after Bitcoin halvings, but the trend has reversed. While Bitcoin price is going upward, Ethereum has struggled to gain traction.

Several factors have contributed to this decline. Bitcoin’s narrative as digital gold has strengthened, drawing more institutional investment. In addition, the coin has faced challenges, including relatively higher gas fees and competition from other blockchain networks. 

Unfortunately, the Ethereum Pectra upgrade, which experts believe could drive a price increase for the coin, faced some challenges. As reported by CoinGape, multiple testnet attempts failed before the Hoodi testnet that launched recently.

Some experts believe Ethereum’s transition to proof-of-stake has not delivered the expected market boost. 

Q1 Performance and ETF Downturn

The ETH price performance in the first quarter of 2025 has been disappointing. For context, data shows that the coin has dropped 46% this year, nearly 4 times more than Bitcoin’s decline of 12%.

Many investors expected a strong bull run, but Ethereum has remained weak. The adoption of spot Bitcoin ETFs earlier in the year attracted billions of dollars, but Ethereum has not seen the same level of interest for its potential ETF.

Market analysts suggest that institutional investors are still hesitant about Ethereum’s long-term value compared to Bitcoin. Bitcoin’s fixed supply and reputation as a hedge against inflation have made it a safer choice for institutional investors. 

Where is ETH Price Heading?

Some analysts believe ETH price could hit $10,000 if broader market conditions improve and the Ethereum Pectra upgrade launches on the mainnet. 

Others warn that if the coin continues to lose value against Bitcoin, investors may start shifting funds to other networks like Solana or Avalanche.

Even though short-term price predictions remain speculative, some traders expect Ethereum to rebound as Bitcoin stabilizes. Others believe the ETH/BTC ratio could drop even further. 

As of this publication, CoinMarketCap data shows that Ethereum’s price was $1,842.29, up 1.34% in the last 24 hours. Many experts believe that the coming days will determine whether Ethereum can regain strength or whether Bitcoin’s dominance will continue to grow.

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Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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