The crypto trader has discovered a promising token with a low capitalization.

Analyst Michaël van de Poppe called altcoin with the potential to grow threefold

14.06.2022 - 15:30


1 min

The material is not an investment recommendation and is published for information purposes only.

Cryptocurrency analyst Michaël van de Poppe believes that one of the low-cap altcoins could rise in price by a factor of 2 to 3 in the coming months amid growing volatility in the digital assets market.

Van de Poppe revealed that he is looking at (FET). According to the crypto analyst, FET could soon hit a tradeable bottom before starting to rise by 2023.

The analyst believes that it is possible to buy altcoin at the level of $0,11. Referring to the chart, Van de Poppe says that going forward, FET will rise by 173%, from $0,11 to $0,30, between July and September. According to the analyst, the altcoin will rise to $0,40 in 2023. As of June 14, 13:20 UCT, the asset is trading at $0,109, having lost 23,88% in price over the past week. The market capitalization of FET is $83,4 million. (FET) is a decentralized asset trading platform using machine learning (ML) and artificial intelligence (AI). is powered by the Ethereum blockchain. The platform was created in 2017 by a team from Cambridge. The co-founders of the project are Toby Simpson, Humayun Sheikh, and Thomas Hain. The native token FET is the main medium of exchange in the ecosystem.

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