Cryptocurrency expert Michael van de Poppe foresees a significant price surge for Polkadot (DOT), a rival to Ethereum (ETH), attributing it to notable developments within Polkadot's ecosystem, including Polkadot 2.0 and the introduction of the JAM whitepaper. Van de Poppe also discusses broader trends affecting altcoins and Bitcoin (BTC).

Regarding DOT's target price, Van de Poppe predicts a strong upward movement, setting an ambitious target of $18, more than doubling its current value of $7.14, partly influenced by Ethereum's growth.

Van de Poppe expects the altcoin market to turn bullish after a correction phase, projecting a potential 60% to 70% increase in total market value. He suggests Ethereum may reach new highs in the short term, further boosting altcoins relative to Bitcoin.

Van de Poppe notes Bitcoin's positive trend but anticipates a retest of the $68,000 level before continuing its rise. He advises caution, reminding investors of potential market corrections and the importance of patience and strategic investment in altcoins for substantial returns in the future.