Crypto Trader Predicts Huge Rise In Altcoins, Including Memecoin

A crypto expert that a lot of people listen to says that altcoins are starting to break out, and they point to one memecoin in particular that has made big jumps.

Michal van de Poppe, a cryptocurrency trader, tells his 655,700 fans that altcoins are growing, which is good news for the cryptocurrency markets.

“Altcoins breaking out.

That’s what we like!”

To back up his point, he talks about how Pepe’s (PEPE) market cap went from nothing to over $1 billion.

“PEPE hits $1 billion market cap.”

PEPE is a disputed meme that has been turned into a cryptocurrency. Since April 28, it has grown 1,300%.

Van de Poppe sees good news on the way for the crypto markets as a whole.

“Good news is good for the markets.

The momentum has shifted from bad news is good for markets to good news is good for markets.

Otherwise, the economy becomes weak and the FED will be pivoting, something you definitely want to avoid.”

Van de Poppe backs up his prediction by giving cases from the macro markets.

“We’re living in a world where four banks collapsed in the past month, the FED raised rates by 500bps in one year and unemployment is the lowest in 54 years.

This will end well.”

Van de Poppe also breaks down BTC and says that he thinks the king of cryptocurrencies could be going up.

“Bitcoin constantly flipping levels and back in the range.

I’d prefer to see $28,900 hold here, which generates continuation toward $30,500.

Unemployment day, so important news later that could push prices.”

At the time of writing, one BTC is worth $29,625, which is a 2.5% increase from the day before.