The operator Michael van de Poppe, founder and director of the company specializing in cryptocurrencies Eight, predicts that the price of the ‘altcoin’ Polkadot will increase in the near future by more than two times, as predicted in a video published this Thursday on his YouTube account.
The Polkadot, an internal ‘token’ named after a project that aims to create the decentralized Internet of the future, “is likely to follow Solana and Phantom,” surpassing $ 100 in the near future, representing growth in 150% compared to the current level, according to the expert. This will happen as long as the asset is able to stay above the $ 38 support level to continue growing from there, he estimates.
Likewise, Van de Poppe places the resistance levels for the Polkadot at 75 and 115 dollars and thinks that the price of the ‘token’ could reach these figures.
At 7:43 (GMT) this Saturday, October 16, the asset price was $ 43.39, after growing more than 20% during the last week, according to data from CoinDesk.