Popular crypto trader and analyst Elliot Wainman says a group of relatively obscure altcoins have the potential to moon this January.
In a new YouTube video, Wainmain, also known as EllioTrades, picks 14 crypto assets that could provide traders with major gains in the next few weeks.
First, Wainman predicts big things are in store for decentralized liquidity network THORChain (RUNE), which is currently trading at $1.76 with about a $278.28 million market cap at time of writing, according to CoinMarketCap.
The altcoin analyst predicts THORChain will reach a $1 billion market cap and potentially even higher.
“I’ve always been a fan of THORChain, I’ve always been a fan of RUNE, because it allows for yield to be extracted by locking up Bitcoin, and anything that’s DeFi and Bitcoin related to me is set to go absolutely bananas as Bitcoin also grows. So in my mind, a project like RUNE was and always is set to do really well