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Renowned cryptocurrency analyst Michaël van de Poppe noted that an altcoin among the top 50 by market capitalization could experience a significant increase. He informed his followers on social media that the Stacks (STX) token, a layer-2 project for Bitcoin (BTC) 
$105,377, has the potential for a 70% rise from its current value.
Potential Rise of STX
The analyst suggested that STX could surpass a critical resistance level and reach a new all-time high in the near future. Currently, STX is trading 20% higher over a seven-day period and had previously reached an all-time high of $3.86 in April.
Poppe predicts that if Bitcoin breaks through the $98,000 resistance level on the four-hour chart, it could exceed $100,000 for the first time in history. Bitcoin is currently trading at $98,266 and has recorded a 3.4% increase in the last 24 hours.
Expectations for VeChain (VET)
The analyst has raised interest in VeChain’s (VET) native asset, which is focused on supply chain management. He emphasized that VET is supported by the VeBetterDAO project, which offers tokens for sustainable actions and that such ecosystems will grow significantly in the future.
Poppe notes that VET may soon challenge the $0.074 resistance level. Currently, VET is trading at $0.0442, marking an 8.1% increase in the last 24 hours.
Michaël van de Poppe’s predictions indicate notable movements in the cryptocurrency market. His forecasts provide crucial data for assessing potential opportunities for traders. The anticipated upward trends for STX and Bitcoin once again highlight the dynamic nature of the crypto market.
