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Crypto strategist Michael van de Poppe says he plans to amass a handful of altcoins, including three Ethereum (ETH) competitors.
Van de Poppe tells his 636,300 Twitter followers that he has his sight setting XCAD, the native asset of the decentralized oracle network Chainlink (LINK), and the non-fungible token (NFT) marketplace XCAD Network, and Skale, a blockchain network designed to enable developers to create and deliver decentralized chains (SKL) Fully compatible with Ethereum.
Van de Poppe said it is also targeting Ethereum rivals Near Protocol (NEAR), Elrond (EGLD) and Concordium (CCD).
Seeing the Concordium up close, Van de Poppe highlight Enterprise-level blockchain is moving beyond target markets and could present ample opportunities for growth, he said.
“on the other hand [Concordium] Targeted companies initially, currently DeFi (decentralized finance), gaming, [and] metaverse.
Crypto analysts are also considering trading interoperable blockchain technology Quant (QNT). According to Van de Poppe, QNT is currently in a correction period and could reverse if the altcoin shifts resistance around $178 to support.
We are in a downtrend on this particular timeframe. It is important to break this downtrend and this can be achieved by capturing the $176-$178 resistance area. If it can reverse to support, it could test the $191.6 levels again, and if it maintains temporary downward momentum, it could test the $158.8 levels.
As of this writing, QNT has changed ownership for $173.95.
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Featured Image: Shutterstock/Sergey Nivens/Vladimir Sazonov
