Michaal van de Poppe, a top crypto analyst, has offered his thoughts on the prospect of a new altseason, highlighting three cryptos that appear to be primed for new breakouts.

In a new video, Van de Poppe tells his 103,000 subscribers that despite the harsh late-May correction that saw Bitcoin tumble to $30,000, an altseason may be in the cards in the coming weeks.

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“We are still acting above the 21 WMA meaning that the chances of us continuing the grind to the upside are significant…Many altcoins are going to make new highs in their USD and Bitcoin pairs. That the cryptos lith ETH are bouncing back

ETH/USD slowly recovering. Source: TradingView.

Related article | Is It Bitcoin Season or Altseason? Right Now No-one Knows

Mark Cuban Holds A Lot Of Cryptos

One of Cuban’s Ethereum wallets was uncovered in January when he minted an NFT on Rarible, a decentralized non-fungible token marketplace.

The wallet had a variety of decentralized finance (DeFi) currencies at the time, but the majority of his funds were dedicated to the lending protocol Aave.

Cuban seemed to have virtually exhausted the same wallet. It has over $26,000 worth of odd cryptocurrencies like Dogelon (ELON), Doge Inu (DOGI), and Bingo Inu, and about $2,000 worth of Ethereum (BINGO). It’s unclear if Cuban purchased these crypto assets or if they were given to him by holders looking to promote their own currencies.

Lark Davis, a crypto analyst and influencer, also weighs in on the contents of Cuban’s various crypto wallets, pointing out that the Dallas Mavericks owner previously stated in an interview that he maintains 60% of his crypto portfolio in Bitcoin, 30% in Ethereum, and 10% in other altcoins.

Davis said:

“From what we know, from what we’ve gathered and from what we can see on the blockchain, he has Aave, Rarible (RARI), SushiSwap (SUSHI), Polygon, Serum (SRM), Injective and Fantom (FTM)…

The coins I just mentioned are likely not his full portfolio but are the coins that he has publicly admitted to owning or we can see in his addresses.”

Related article | Which Altcoins Are More Likely To Catch The Bounce?

Featured image from Pixabay, Charts from TradingView.

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