After the recent cryptocurrency market crash and the rapid rebound of some tokens, MN Trading founder Michael van de Poppe clearly sees a new trend forming.
“If there was no narrative in the market, a new narrative would emerge, and I think from an investment perspective, that’s DeFi,” van de Poppe told Hall of Flame.
“I think a pure-play strategy that allocates to ETH and DeFi will see both of those surge in the coming months,” he argues.
Van de Poppe named Aave (AAVE), Maker (MKR), Ethereum Name Service (ENS), Bittensor (TAO), Celestia (TIA), and Rocket Pool (RPL) as tokens to watch. He explained that these projects recovered quickly and some were not affected by the decline.
“When an asset recovers this strongly, it shows that investors have confidence in that asset,” he says.
As the founder of MN Trading, Van de Poppe spends his days identifying trends, devising strategies, and advising high net worth individuals on trading in the cryptocurrency markets.
Michaël van de Poppe is not your standard crypto bro
But he certainly doesn’t look like your typical crypto bro. The famous crypto analyst has 722,200 followers but still seems like a really down-to-earth guy.
When we first started the video call, he spent a few minutes circling his webcam to show me around the new offices and surroundings of his company MN Trading in Amsterdam.
He has already passed the cryptocurrency exam and there is no Lamborghini in sight.
Van der Poppe became interested in cryptocurrencies in February 2017, when Bitcoin was trading at $1,500.
“I was studying economics at the University of Amsterdam when two important events happened in the same week,” he says.
First, a man with a “big hangover” started talking about Bitcoin and cryptocurrencies, but Van de Poppe quickly forgot about it. But two days later, another friend brought it up again.
“I was at a bar and my friend said I should look at this altcoin, we used to call it altcoin season. That got me going. I went home and bought DigiByte, it tripled in price and then the next week it went down again,” he explains.
“I was hooked. I started trading, read the Bitcoin white paper, and created a Twitter account,” he says. Just 11 months later, Van de Poppe was all in on cryptocurrencies and making it his full-time job.
how boy name Did van de Poppe gain fame on Twitter?
Van de Poppe launched X in October 2017 and has now achieved more than three-quarters of his goal of reaching 1 million followers. He believes the crypto market will be ready when it wakes up “sometime in 2025.”
“If we sell a million copies, it’s going to be a real party,” he said with a laugh.
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Since Van der Popp surpassed 100,000 followers on X, he’s been celebrating the growth by throwing a small house party.
In his first four months on X, he had a Justin Bieber moment, gaining 50,000 followers. As he explained how he built the account, it felt like anyone could do it.
“I used to be involved in a few communities, and thanks to that, I gained thousands of followers. Through my involvement in the community, I became an admin there, and that helped me grow X account,” he said. He said that 2017 was the peak of the bull market, and everyone was looking for crypto tips online.
But he remembers one prediction he got right in 2017, which quickly led to a surge in followers.
“I remember saying that Bitcoin was likely to drop to 11K, bounce to 16K, and then drop back to 6K. That was one of my real calls, and it actually sent the account into a tailspin,” he explains.
While Van de Poppe says he’s no longer “excited” by follower counts, he admits other employees at MN Trading are excited about the lofty goal of one million followers.
What type of content boy name Was it created by van de Poppe?
Van de Poppe wants to give his followers a holistic view of the economy along with technical analysis of cryptocurrencies, but he avoids simply making price predictions, although this is a huge help in engaging.
“It’s macro data and news. Macro analysis, technical analysis of the markets. Those are usually the two segments, and I’m usually pretty sharp when it comes to my statements,” he says.
“I used to make a lot of price predictions, but I started to stop making them because they didn’t make sense,” Van de Poppe says with a laugh.
He explained that predictions are too risky because the cryptocurrency market is heavily influenced by macroeconomic events.
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“Bitcoin won’t get to $500,000 or $1 million unless the Fed prints more cash, but if it does, it could be a potential target,” he argues.
“If another black swan event happens, you never know where the market will go,” he added.
Of course, but what boy name Van de Poppe’s prediction?
But this is the Hall of FlamesAnd we won’t allow him to leave without some insight into the direction of the market.. Van de Poppe, like many others, believes “Uptober” could be the month when Bitcoin surpasses its current all-time high of $73,679.
“I wouldn’t be surprised if we see a new all-time high for bitcoin in September or October,” Van de Poppe said.
He also predicts that global liquidity will increase by the end of the year, which is “a good sign for altcoins.”
He points to Omni Network (OMNI), an altcoin he believes has a real-world use case, and one that, at just $50 million in market cap, he thinks has the potential to grow “100x.”
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Sheeran Lyons
Ciaran Lyons is an Australian cryptocurrency journalist. He is also a stand-up comedian and has worked as a radio and TV presenter on Triple J, SBS and The Project.