Forecast: Cryptocurrency Market Mirroring Dot-Com Bubble, Anticipates Surges for XRP and a Competitor of Solana

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Crypto market expert Michael van de Poppe believes the crypto market is mirroring the Dot-com era, and with mainstream institutions embracing digital assets, a massive uptick could be on the horizon.

In a recent update, van de Poppeshared his thoughts on the crypto sector, comparing the current climate to the late 1990s tech boom. "All I know," he exclaimed to his 785,900 followers, "This is the cycle where everything is going to go ballistic, higher than ever, The Dot-com bubble type of cycle for crypto, where there's a lot of liquidity flowing into this asset class and a lot of adoption."

One altcoin that van de Poppe believes could mimic the internet stock success story is Ripple's XRP. The analyst anticipates XRP could come close to its all-time high ($3.40) and recommends zooming out to secure higher-timeframe entry points for the coin. "When things go absolutely vertical, that's the moment where you want to zoom out and get higher time frame entry points,” he explained, “the same applied for XRP. Marked the level around $1.75 as an important one for entries and it's up 50% since."

At the time of writing, XRP was trading at around $2.52.

Van de Poppe also spotlighted Sei, a Solana rival, which he predicts will surge by as much as 169% from current levels. "Indeed, break and flip and the next target is $0.30." he said, "I think that SEI will be trending up significantly more. First stop is $0.30, after that a slight correction for people to jump into the asset and then we'll continue towards the $0.50-0.70 range."

At the time of writing, SEI was trading at $0.26.

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Michael van de Poppe, a renowned crypto market expert, predicts that XRP, a potential contender in the altcoins sector, could surge towards its all-time high, mimicking the success of internet stocks during the Dot-com era.
In the upcoming events within the crypto sector, Maverix Securities is expected to launch regulated digital asset structured products, supported by an investment from GSR. This move is seen as a significant step towards mainstream institutions embracing digital assets.

Forecast: Cryptocurrency Market Mirroring Dot-Com Bubble, Anticipates Surges for XRP and a Competitor of Solana