Closely followed crypto strategist and trader Michaël van de Poppe is naming five altcoins, including smart contract platform Solana (SOL), that he thinks have the potential to make huge gains this year.
In a new strategy session, Van de Poppe tells his 159,000 YouTube subscribers that layer-1 altcoins such as Solana and Avalanche (AVAX) had a “massive” 2021, and he expects the crypto sector to continue growing in 2022.
“Few examples of 2021 layer-1s that have been doing massive, for instance, Solana came from a few bucks and ran to $240.
AVAX was a similar one that has been doing absolutely amazing, in which it also came from a few bucks and started to accelerate towards $140.
So layer-1s are the ones that you should be including in your portfolio if you want to get a very balanced one and generate the outcome that you want to get.”
Another altcoin on the trader’s list is decentralized parallel blockchain network Cosmos (ATOM). According to Van de Poppe, Cosmos is gearing up for a rally as it continues to record higher highs and higher lows.
“There’s also more altcoins or layer-1s that should consist of your portfolio, which are the first one is definitely ATOM, which is currently making itself ready for a new run to be taking place.
If I look at the chart of Cosmos, if I look at it fundamentally, I think Cosmos is definitely eager to start getting a run going.”
Next up is interoperable blockchain Polkadot (DOT), which Van de Poppe says is still long-term bullish despite its corrective move from the all-time high of $55.
“Same goes for Polkadot. It has seen a very heavy corrective move here, but we are still making higher highs and higher lows.”
Another crypto sector that Van de Poppe’s watching is decentralized finance (DeFi), and one altcoin that he’s bullish on is Curve DAO Token (CRV), the governance token of stablecoin-focused decentralized exchange Curve Finance.
“[CRV] is currently waking up and those are still going to continue moving. 2021 was a terrible year for DeFi. 2022 is most likely going to be a great year for DeFi.”
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