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Michaël van de Poppe, founder of MN Fund, has outlined an investment thesis focused on altcoins he views as significantly undervalued, with the potential for substantial returns over the next four months. According to van de Poppe, the current altcoin market is experiencing a period of mispricing, where the intrinsic value of certain tokens diverges from their current market prices [1]. This creates opportunities for investors who are willing to navigate the volatility and risk inherent in the crypto space.
Van de Poppe attributes this mispricing to market sentiment, external events, and evolving fundamentals. He cited Bitcoin’s price movements between 2021 and 2024 as a clear example of this phenomenon. While
reached nearly $70,000 in 2021, it later fell to as low as $20,000 amid broader industry crises, illustrating how price and value can become misaligned [1]. He views these mismatches as entry points for strategic investors.In his analysis, van de Poppe emphasized the importance of assessing risk-adjusted returns when evaluating altcoin investments. He recommended comparing potential gains against traditional benchmarks such as bond yields or Bitcoin’s performance to determine whether the risk is justified. Given the higher volatility of altcoins, he stressed that while the upside can be substantial, so too is the potential for loss [1].
Van de Poppe is currently accumulating eight altcoins that he believes are severely undervalued relative to their potential. These include
(OP), Bittensor (TAO), , Wormhole (W), Renzo (REZ), (TIA), AO, and RocketPool. Optimism, for instance, is trading well below its December 2024 highs, with an estimated upside of 280%. Bittensor is also highlighted, with a potential return of 380% based on current valuations [1].He described the current market phase as a “depression period,” marked by subdued trading volumes, reduced venture capital activity, and lower marketing momentum. Despite these challenges, van de Poppe believes the market is primed for a recovery, driven by the inherent volatility of crypto assets and the growing mispricing gap [1]. However, he warned investors to remain cautious, noting that short-term downside risks could reach 40–50%, but the long-term upside for well-positioned investments could exceed 300% [1].
Van de Poppe’s analysis was shared in late June 2025 and has since been referenced by other crypto news platforms, reflecting its growing influence in the altcoin investing community [2]. Additionally, his insights have contributed to broader discussions around risk-reward profiles in the market [3].
Source:
[1] These 8 Altcoins Could 4x in 4 Months, Says Michaël van de Poppe (https://coinedition.com/these-8-altcoins-could-4x-in-4-months-says-michael-van-de-poppe/)
[2] Bitcoin: Latest News, Social Media Updates and Insights (https://cryptorank.io/news/bitcoin)
[3]
Price Prediction: Can It Really Hit $10 by 2026—Or Is... (https://www.interactivecrypto.com/xrp-price-prediction-can-it-really-hit-10-by-2026or-is-this-a-pipe-dream)
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