Crypto trader Michaël van de Poppe believes the crypto market is heading into a cycle that looks a lot like the late 1990s Dot-com bubble, where excitement around new technology sent valuations soaring. He expects the current wave of institutional interest and liquidity to fuel a similar spike in crypto prices.
His analysis suggests that as more investors—and especially institutions—enter the space, liquidity could push prices much higher, even if volatility remains part of the game.
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Van de Poppe shared his outlook with his 785,900 followers on X, calling this cycle one where everything could “go ballistic.” In his words, “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.” He added that crypto appears to be the only asset class “significantly outperforming everything.”
The original Dot-com bubble, which peaked in early 2000, eventually wiped out $5 trillion in market value when valuations collapsed. Still, it marked the start of widespread internet adoption—something Van de Poppe thinks is happening now with blockchain and crypto assets.
One altcoin he is closely watching is XRP. Currently trading at $2.57, it has already jumped 50% from the $1.75 entry level Van de Poppe highlighted earlier. He expects XRP to keep pushing higher, possibly reaching its previous all-time high of $3.40.
“When things go absolutely vertical, that’s the moment where you want to zoom out and get higher time frame entry points,” he advised.
The trader also mentioned SEI, a Solana competitor, as another coin with major upside potential. With SEI priced at $0.2596 at the time of writing, Van de Poppe predicts an initial target of $0.30, followed by a short dip and then another rally toward the $0.50 to $0.70 range.
“I think that SEI will be trending up significantly more,” he said, pointing to a possible 169% gain from current levels.