About SKALE Network

With the increasing chances of Bitcoin hitting the $60,000 mark this week, the bull run chances for this month are growing stronger. Further, the recovering rally in the altcoins gaining momentum signals a potential bull run.

A widely followed crypto analyst is suddenly turning bullish on one low-cap Ethereum (ETH)-based altcoin project. Crypto strategist Michaël van de Poppe tells his 719,400 followers on the social media platform X that Skale Network (SKL), an Ethereum sidechain, could soar 150% from its current value. “SKL is looking great.

Although most cryptocurrencies have entered a state of boredom, including the sector's representative, Bitcoin (BTC), which hasn't yet lived up to the hype built up prior to its recent halving event, some cryptos, still available under $0.10 apiece, might be a good investment in May.

Despite a week of sideways movement in the crypto market, with altcoins showing minimal signs of recovery and Bitcoin struggling to surpass the $65k price level, renowned crypto analyst Michaël van de Poppe has identified a specific group of altcoins.

SKALE Network reported $3.1B in Q1 fee savings, a surge in user activity, and strategic partnerships in 2024 The post Gasless EVM blockchain SKALE Network reaches 17 million unique users appeared first on Crypto Briefing.

Crypto expert Michaël van de Poppe has repeatedly stated that altcoins are still greatly undervalued heading into this bull run. Now, he has published a list of altcoins that he believes can provide investors with maximum returns.