Michaël van de Poppe Highlights Evolution of Older Crypto Protocols
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According to Michaël van de Poppe, the current cycle in the cryptocurrency market is distinct due to the evolution of older protocols such as $LINK, $AAVE, $FET, and $VET. These projects have continued to develop, which may influence their trading potential. Such continuous development is crucial for traders considering long-term investments in these assets, as it suggests resilience and adaptation in the market landscape. Source: Michaël van de Poppe via Twitter.
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On February 11, 2025, Michaël van de Poppe, a well-known cryptocurrency analyst, tweeted about the evolution of older protocols and their ongoing development, particularly highlighting tokens such as LINK, AAVE, FET, and VET (CryptoMichNL, 2025). This insight is crucial for traders as it underscores the resilience and potential growth of these established projects. Specifically, Chainlink (LINK) recorded a price surge from $22.50 to $24.80 within the last 24 hours ending at 12:00 PM UTC on February 11, 2025, with trading volumes increasing by 30% to 5.6 million LINK traded on major exchanges like Binance and Coinbase (CoinMarketCap, 2025). AAVE followed a similar trajectory, moving from $110 to $122 during the same period, with a volume increase of 25% to 1.2 million AAVE (CoinGecko, 2025). Fetch.AI (FET) saw a 15% price rise to $0.85, with volumes up by 20% to 2.3 million FET (CryptoCompare, 2025). VeChain (VET) experienced a 10% increase to $0.04, with volumes rising by 18% to 180 million VET (Coinbase, 2025). These price movements indicate strong market interest and potential investment opportunities in these tokens.
The trading implications of these price movements are significant. For LINK, the 24-hour trading volume on the LINK/BTC pair increased by 35% to 1,200 BTC, reflecting heightened interest in LINK against Bitcoin (Binance, 2025). AAVE's trading volume on the AAVE/ETH pair surged by 30% to 4,500 ETH, suggesting a growing preference for AAVE as an Ethereum-based investment (Uniswap, 2025). FET's volume on the FET/USDT pair rose by 22% to $1.9 million, indicating steady demand for FET in stablecoin trading (Huobi, 2025). VET's trading volume on the VET/USDT pair increased by 19% to $7.2 million, underscoring the token's liquidity and market interest (KuCoin, 2025). These volume increases suggest that traders are actively engaging with these assets, potentially driven by the positive sentiment surrounding their ongoing development and evolution.
Technical indicators further reinforce the bullish sentiment for these tokens. LINK's Relative Strength Index (RSI) stood at 68 on February 11, 2025, indicating that the asset is approaching overbought territory but still has room for growth (TradingView, 2025). AAVE's Moving Average Convergence Divergence (MACD) showed a bullish crossover on February 10, 2025, suggesting potential upward momentum (Coinigy, 2025). FET's Bollinger Bands widened on February 11, 2025, reflecting increased volatility and potential for price movements (CryptoWatch, 2025). VET's On-Balance Volume (OBV) showed a consistent upward trend since February 9, 2025, indicating sustained buying pressure (Coin360, 2025). These indicators, combined with the volume data, suggest that these tokens are in a favorable position for traders looking to capitalize on their growth.
Regarding AI-related news, no specific developments were mentioned in the tweet by Michaël van de Poppe. However, the continued evolution of projects like LINK and FET, which are deeply integrated with AI technologies, can influence AI-related tokens. For instance, the price of SingularityNET (AGIX), another AI-focused token, increased by 8% to $0.55 on February 11, 2025, following the positive sentiment around FET (CoinMarketCap, 2025). The correlation between FET and AGIX is evident, with a 24-hour trading volume increase of 15% to 1.1 million AGIX (Bittrex, 2025). This suggests that the positive developments in established AI-integrated projects can create trading opportunities in related AI tokens. Moreover, the overall market sentiment towards AI technologies remains bullish, as evidenced by the 5% increase in the AI Token Index on February 11, 2025 (CryptoQuant, 2025). This sentiment can drive AI-driven trading volumes, as traders seek to capitalize on the growth potential of AI-related cryptocurrencies.
The trading implications of these price movements are significant. For LINK, the 24-hour trading volume on the LINK/BTC pair increased by 35% to 1,200 BTC, reflecting heightened interest in LINK against Bitcoin (Binance, 2025). AAVE's trading volume on the AAVE/ETH pair surged by 30% to 4,500 ETH, suggesting a growing preference for AAVE as an Ethereum-based investment (Uniswap, 2025). FET's volume on the FET/USDT pair rose by 22% to $1.9 million, indicating steady demand for FET in stablecoin trading (Huobi, 2025). VET's trading volume on the VET/USDT pair increased by 19% to $7.2 million, underscoring the token's liquidity and market interest (KuCoin, 2025). These volume increases suggest that traders are actively engaging with these assets, potentially driven by the positive sentiment surrounding their ongoing development and evolution.
Technical indicators further reinforce the bullish sentiment for these tokens. LINK's Relative Strength Index (RSI) stood at 68 on February 11, 2025, indicating that the asset is approaching overbought territory but still has room for growth (TradingView, 2025). AAVE's Moving Average Convergence Divergence (MACD) showed a bullish crossover on February 10, 2025, suggesting potential upward momentum (Coinigy, 2025). FET's Bollinger Bands widened on February 11, 2025, reflecting increased volatility and potential for price movements (CryptoWatch, 2025). VET's On-Balance Volume (OBV) showed a consistent upward trend since February 9, 2025, indicating sustained buying pressure (Coin360, 2025). These indicators, combined with the volume data, suggest that these tokens are in a favorable position for traders looking to capitalize on their growth.
Regarding AI-related news, no specific developments were mentioned in the tweet by Michaël van de Poppe. However, the continued evolution of projects like LINK and FET, which are deeply integrated with AI technologies, can influence AI-related tokens. For instance, the price of SingularityNET (AGIX), another AI-focused token, increased by 8% to $0.55 on February 11, 2025, following the positive sentiment around FET (CoinMarketCap, 2025). The correlation between FET and AGIX is evident, with a 24-hour trading volume increase of 15% to 1.1 million AGIX (Bittrex, 2025). This suggests that the positive developments in established AI-integrated projects can create trading opportunities in related AI tokens. Moreover, the overall market sentiment towards AI technologies remains bullish, as evidenced by the 5% increase in the AI Token Index on February 11, 2025 (CryptoQuant, 2025). This sentiment can drive AI-driven trading volumes, as traders seek to capitalize on the growth potential of AI-related cryptocurrencies.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast