By Tobi Loba
Crypto strategist, Michaël van de Poppe, popularly known as Crypto Michael in the industry, has listed Cardano (ADA), Polkadot (DOT), and six other altcoins to watch in 2021.
In a tweet, Van de Poppe told his teeming followers that the incoming altseason will be larger than what investors could imagine.
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Van de Poppe, “I’ve been checking some of those weekly charts on altcoins. But my god, this is going to be such a massive year, I think we can’t even imagine how big it will be.”
I've been checking some of those weekly charts on #altcoins.
But my god, this is going to be such a massive year, I think we can't even imagine how big it will be.
— Michaël van de Poppe (@CryptoMichNL) January 23, 2021
The analyst expects the next leg of the bull-run to send Polkadot (DOT) to $25, $29, and $45. He also expects ADA, the native token of the smart contract platform Cardano, to print new highs in the current bull cycle.
Other altcoins with bullish potential on Van de Poppe’s list include the blockchain for enterprise solutions Zilliqa (ZIL), hybrid blockchain platform ICON (ICX), high throughput blockchain Elrond (EGLD), interoperable blockchain network Cosmos (ATOM), and the layer-two scaling platform Celer Network (CELR).
As for Chainlink (LINK), the crypto analyst said, “Chainlink itself has a very big market share of the oracle niche. Other oracles are just starting up their first cycle. One of them is API3. Just got listed. Other one that is still waking up is DIA.”
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Correction Should Be Expected
Regarding the market capitalization of all digital assets, Van de Poppe stated that a retest of the all-time high of 2017, which is around $730 billion, is possible, before skyrocketing above the trillion-dollar mark.
“The total market capitalization of crypto is looking great here. A retest of the all-time high of 2017 seems likely to occur, but all we also know is the following: The 2017 bubble will look like a small bump on the ride. This cycle is just starting.”
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