Crypto Watchlist: Top Analyst Reveals 5 Altcoins With Major Upside
Retail participation in the crypto markets remains low, with the Altcoin Season Index at 29, indicating no significant rotation from Bitcoin to altcoins. Michaël van de Poppe notes a recent 38–42% rebound in the ETH/BTC pair as a potential sign of capital movement down the risk curve. He identifies five altcoins to watch: 1. Chainlink (LINK) is favored for its role in institutional adoption and has potential upside due to its low bitcoin-denominated chart. 2. Aave (AAVE) is seen as a lower-risk large-cap option, underappreciated for its role in on-chain bank-grade yield products. 3. Wormhole (W) serves as a cross-chain messaging layer, benefiting from recent liquidity boosts and partnerships. 4. Peaq (PEAQ) focuses on the machine economy, showing active growth with over 50 companies and six million devices. 5. Alkimi (ADS) is an advertising project with significant revenue growth, aiming to reduce costs through decentralization. Van de Poppe advises portfolio allocation based on market cap and project maturity. The total crypto market cap is $3.18 trillion.