Michaal van de Poppe, a trader, and cryptoanalyst commented on Twitter how cryptocurrencies might surprise investors soon.
According to him, Chainlink (LINK) can become a project that can return investment regularly. The project’s capitalization surpasses 11.08 billion dollars. This shows that there is investor interest.
Michaal van also emphasized that investing in decentralized oracles is lucrative in general. Other winning investments include Chainlink (LINK), Band Protocol (BAND), Decentralized Information Assets (DIA), Teller (TRB), and API3. They are undervalued, with a market capitalization of less than $250 million.
In addition, the crypto trader has faith in Ethereum. He claims that the level above $2,000, which has been holding the cryptocurrency since the end of April, indicates room for development. Trades in the $2,000 range can result in a significant comeback.
In the case of Bitcoin, Michal van de Poppe believes that the bull market isn’t over yet and that a new all-time high is on the way. This has already happened in the history of cryptocurrencies between 2011 and 2014 and in the previous cycle of 2018, and it will probably happen again.
On the Huobi exchange, you can check the current price of cryptocurrencies. It is the largest cryptocurrency exchange in the world, featuring profitable trading opportunities and minimal commissions.