Trends in the Crypto Market: Insights from Michaël van de Poppe

Michaël van de Poppe, founder of MN Trading, has identified emerging trends in the cryptocurrency market following the recent market fluctuations.

“The crypto market appears to be forming a new narrative centered around DeFi,” says van de Poppe, signaling a promising investment opportunity in Ethereum (ETH) and decentralized finance. He suggests that both of these sectors could experience significant growth in the coming months.

He highlights several tokens worth monitoring, including:

• Aave (AAVE)
• Maker (MKR)
• Ethereum Name Service (ENS)
• Bittensor (TAO)
• Celestia (TIA)
• Rocket Pool (RPL)

According to van de Poppe, these projects have shown rapid recovery and some remained unaffected during the market downturn: “When an asset rebounds strongly, it reflects the confidence investors have in it,” he notes.

Michaël van de Poppe: A Unique Perspective in the Crypto Space

Unlike many typical figures within the crypto investment landscape, van de Poppe presents a more grounded persona. Although he boasts over 720,000 followers on social media, he maintains a humble approach.

During a video call, he showcases his office in Amsterdam, indicating a casual and relatable nature—no flashy cars or ostentatious displays here.

His journey into cryptocurrency began in February 2017, coinciding with Bitcoin’s price around $1,500. Van de Poppe was studying economics when two significant conversations about Bitcoin sparked his interest. A chance encounter with a friend discussing Bitcoin at a pub led him to explore altcoins further.

“I invested in Digibyte after being encouraged to explore altcoins, and saw it triple in value shortly after,” he recalls. This initial success ignited his passion for trading, and within a year, he transitioned to full-time crypto engagement.

The Path to Social Media Recognition

Van de Poppe launched his social media account in October 2017 and is closing in on his goal of one million followers. He anticipates this milestone could coincide with a potential revival in the crypto market around 2025.

As he reflects on his growth, van de Poppe shares that celebrating follower milestones with small gatherings has become his unique tradition. His early engagement with communities during the 2017 crypto boom significantly boosted his follower count. “My active participation led to admin roles within communities, which organically grew my audience,” he explains.

He recalls making a popular prediction about Bitcoin’s market movements back in 2017, which further contributed to his burgeoning following.

Content Strategy and Market Analysis

Van de Poppe’s content focuses on offering his audience a comprehensive view of the economy through technical analysis in cryptocurrency. He has transitioned away from solely providing price predictions, which can be risky and less reliable in his view.

“My analysis is rooted in macroeconomic data, which is crucial in understanding market movements,” he elaborates. His insights reflect a balance between technical evaluations and awareness of larger economic factors influencing the crypto landscape.

Market Predictions and Future Outlook

Van de Poppe anticipates significant developments in the coming months. He suggests that October might witness Bitcoin breaking its previous all-time high of $73,679. “I wouldn’t be surprised if we saw new highs in September or October,” he adds.

Furthermore, he predicts a rise in global liquidity later in the year, which may bode well for altcoins. One project he highlights is Omni Network (OMNI), noting its potential for substantial growth due to its small market cap of over $50 million.