Analyst reveals the best cryptocurrencies to buy after recent market crash

Following the recent cryptocurrency market crash, many investors are looking for buying opportunities that could offer significant returns.

In this context, renowned crypto analyst Michaël van der Poppe shared his insights on the best altcoins to invest in, with a focus on emerging sectors such as Artificial Intelligence (AI) and decentralized finance (DeFi). His recommendations aim to guide investors on how to strategically position themselves in a recovering market.

Van der Poppe began his analysis by addressing Bitcoin dominance, which is a crucial metric for understanding altcoin market behavior.

According to the analyst, Bitcoin’s current dominance does not signal the beginning of a bear market. Instead, it suggests the end of this cycle and possibly the beginning of a new bull market. This view is essential for investors looking for opportunities in altcoins. After all, it indicates that capital may begin to flow from these large-cap cryptocurrencies to smaller, potentially more profitable assets.

Best Cryptocurrencies to Buy Now

The first asset highlighted by van der Poppe is TAO, an AI token. The analyst emphasized that TAO has shown an impressive 70% recovery after hitting its recent lows.

“TAO is a super strong asset within the AI ​​sector and has shown a 70% recovery from its lows,” van der Poppe noted.

He projects that with the growing interest in AI technologies, TAO has the potential to multiply its value by 5 to 10 times, making it an excellent option for investors focused on long-term growth.

In the DeFi space, van der Poppe recommended AAVE, a token he believes is severely undervalued. He noted that AAVE is consolidating ahead of a potential major breakout, with its total value locked (TVL) significantly higher than its market cap.

“If we look at TVL versus market cap, AAVE’s current valuation suggests strong upside potential,” the analyst said.

This discrepancy between TVL and market value indicates that AAVE may be poised for significant appreciation.

RENZO and AEVO

Another DeFi asset mentioned by van der Poppe is RENZO. Although RENZO is in a bearish trend, the analyst believes that its extremely low valuation relative to its TVL offers an attractive buying opportunity for investors with a higher risk tolerance.

Finally, van der Poppe highlighted AEVO, a cryptocurrency owned by a decentralized exchange that offers advanced trading options, including prediction markets and hedging. He believes that the AEVO token is about to reverse its bearish trend, which could provide a significant growth opportunity.

“AEVO is likely making a bullish divergence and a falling wedge, and will likely reverse from here,” he assessed.

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