Altcoins To Rally 40-60% In Coming Days – Predicts Michaël van de Poppe

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10 Mar 2024

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Altcoins To Rally 40-60% In Coming Days – Predicts Michaël van de Poppe

Author: Nidhi Kolhapur

Mar 8, 2024 12:14

The rise of the meme coin industry signaled the end of the first wave of crypto cash rotation. Bitcoin’s (BTC) price has reached a psychological peak after revisiting its all-time high (ATH) earlier this week. As a result, it is safe to assume the altcoin market is on the cusp of the second wave of the macro bullish outlook.

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Furthermore, most altcoins have consolidated in the past few weeks and accumulated a significant bullish outlook from more buyers.

Poppe’s Expectations on Altseason

Having established that the altcoin market is on the verge of a fresh bull run, famous crypto analyst Michaël van de Poppe has predicted that the altcoin market, excluding Ethereum, will gain 40-60 percent in market capitalization in the coming months. In this regard, the TOTAL3 aims to add $300 billion to clinch around $1 trillion.
Meanwhile, Poppe expects Bitcoin price to consolidate before taking the liquidity above an all-time high. Furthermore, the halving frenzy amid the heightened demand from institutional investors will continue to fuel Bitcoin’s bullish outlook in the coming quarters.

Top Altcoins to Pay Close Attention

With Ethereum (ETH) price eyeing to rally above $4,000 and retest its all-time high after more than two years of bear market, large and mid-cap altcoins led by Solana (SOL), Avalanche (AVAX), Ripple-backed XRP, Binance Coin (BNB), and Cardano (ADA) are likely to follow suit.
Some of the top altcoins to pay close attention to in the upcoming bull run include Chainlink (LINK), Uniswap (UNI), and Polygon (MATIC). Moreover, they have inked notable integrations and attracted significant investors’ attention due to their network development.
For instance, the Uniswap Foundation proposal to enable revenue sharing with the UNI holders received overwhelming support in the temperature check vote with over 55 million UNI.
Altcoins Price Analysis

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