Analyst Michael van de Poppe has identified 5 cryptocurrencies whose value has a chance to grow significantly

Editor’s note: not financial advice!

Michael van de Poppe, a popular analyst in the cryptocurrency community, believes that amid bitcoin halving, cryptocurrency community members should consider buying altcoins. He shared a list of the best coins on his website. According to the analyst, cryptocurrency community members should pay attention to 5 altcoins in the first place.

Chainlink (LINK)

Chainlink is a «blue chip» in the cryptocurrency world, according to Michael van de Poppe. He explained the growth prospects of LINK by the efficiency and demand for the project’s technical solutions. Over time, Chainlink’s audience will grow, which means that the demand for the project’s cryptocurrency will also increase. Poppe also noted that LINK has not yet managed to realize its full growth potential in this cycle, which means that buying the coin today can give good Xs in the coming months.

Skale (SKL)

Poppe sees Skale as a universal solution for building the cryptocurrency ecosystems of the future. In his opinion, the demand for the project’s tools will support the growth of its cryptocurrency. The analyst also noted that the technical analysis of the SKL chart shows the coin’s growth potential from current values.

Covalent (CQT)

The analyst considers Covalent to be one of the best projects in the area chosen by the developers. He emphasized that, unlike its competitors, CQT has not yet managed to realize its growth potential. Covalent’s undervaluation opens up prospects for profitable investments.

Sei (SEI)

The project uses advanced developments that make it one of the fastest blockchains that meet the requirements of high-tech companies. Poppe included Sei in the list of promising altcoins because the project’s developers have outperformed competitors in many ways. The analyst explains the prospects of investing in the project’s cryptocurrency by the potential growth in demand for the project’s tools.

Arbitrum (ARB)

Poppe drew attention to the proven effectiveness of Arbitrum. Demand for the project’s tools, in his opinion, will continue to push the ARB rate up. He also drew attention to the cryptocurrency correction that has been implemented, which has opened up a potentially good entry point for investors.