Michael van de Poppe named 5 cryptocurrencies that will grow significantly in value in the future

Editor’s note: not financial advice!

A Dutch cryptocurrency analyst said he expects a bullish rally in the cryptocurrency market and named five altcoins that, in his opinion, can bring investors a profit of «several Xs.»

Michael van de Poppe believes that after the approval of Ethereum exchange-traded funds (ETFs), the altcoin market is poised for significant growth. The ETH exchange rate rose by more than 25% in a week. Positive market sentiment caused by the approval of ETFs on ETH could trigger a bullish trend across the market, the analyst believes.

Van de Poppe was the first to single out Optimism (OP). The reason is that 30% of the coin’s market capitalization is blocked in the ecosystem, so investors in OP have a high potential for significant profits. Currently, OP is trading at $ 2.45, and the analyst predicts that in the next 6 months the rate will grow by almost 300−800%.

The expert called investments in Arbitrum (ARB) promising. Recently, the project announced the issue of 225 million ARB coins for the Gaming Catalyst Program (GCP) worth about $ 250 million, which attracted investors. Currently, the ARB rate is $ 1.13 and Poppe expects the coin to grow by 250−300%.

WO Network (WO) also has prospects. The analyst explained that as the ethereum ecosystem expands, decentralized exchanges like WO Network may become popular due to the growing trading volumes. The expert believes that the WO rate will grow from 300% to 800%.

Michael van de Poppe also singled out Wormhole (WORM), predicting that the rate of this crypto asset will grow by 200−400%.

The analyst also paid attention to the DOGE memcoin. Despite the fact that its rate has fallen by 81% from its peak value, Dogecoin can grow by 400−500%. This will be due to the rush of demand for meme cryptocurrencies that traders are expecting.