Expert Crypto Analyst Michaël van de Poppe Reveals Top 10 Altcoins Amid Market Dip 📉
As cryptocurrency markets experience a downturn, the total market capitalization has dropped by 7% in two days to $2.62 trillion. Even Bitcoin, the largest cryptocurrency, plummeted from $71,300 to $66000, affecting the top altcoins, with bears starting to dominate the market.
In the midst of the downturn renowned crypto analyst Michaël van de Poppe has compiled a list of the Top 10 Altcoins, signaling buying opportunities amid the market dip.
SkaleNetwork (SKL) – Market Cap $653 Million
SKl project stands out as one of the strongest in terms of Bitcoin valuation. However, the next resistance level is only 240% above the current price of $0.12, indeed reflecting a strong buying opportunity for investors.
Cosmos (ATOM) – Market Cap $4.3 Billion
Despite the ongoing market correction, Cosmos stands out with growth potential, especially on the weekly chart making it an undervalued coin compared to others.
Covalent (CQT) – Market Cap $192 Million
As a fine competitor to Celestia (TIA), Covalent offers an alternative investment with significant potential, especially considering Celestia’s 40% decline in value. Currently, CQT is trading at $0.28 with a 0.86% drop in its value.
Meanwhile, Van de Poppe’s curated list of top 10 altcoins provides investors with valuable insights into potential opportunities amidst market fluctuations.
Hot Take: Grab the Opportunity in Altcoins During Market Dips! 📈
Despite the market downturn, there are still opportunities to be found in altcoins, as expert analyst Michaël van de Poppe suggests. With potential buying opportunities in altcoins like SKaleNetwork, Cosmos, and Covalent, investors have a chance to capitalize on the market dip and potentially see significant returns in the future.