Popular crypto trader and market analyst Elliot Wainman showcased four little-known altcoins that he says have the potential for massive growth.
In a YouTube update recently discovered by Daily Hodl, Wainman told subscribers that he had a knack for finding “gem” obsolescence by focusing on low-cap projects with significant benefit.
Wainman highlighted Bridge Mutual as a project investors should watch out for. The start of the BMI token was imminent. The trader called Bridge Mutual a transparent and decentralized application for insurance that established financial institutions could take over.
However, Wainman warned followers that high-frequency trading bots could make the launch of BMI messy.
Bridge will start with a really low market cap. It could be attacked immediately and bottled and pumped. I don’t really know what’s going to happen. It’ll probably be absolute madness at first, but it’s one that I can see grow at least for the first month or so as it grows and hits some market structure.
Wainman also introduced the yet-to-be-launched Hopr project, which seeks to strike a balance between user privacy and market regulations.
He went on
They enable a stronger anonymization of the data in the blockchain, although their respective coin is not an anonymous data protection coin. And I think setting up makes a lot of sense because it’s a service people want, but a privacy coin is likely to rub regulators pretty wrong
Wainman had great prospects for Dapper Labs’ Flow (FLOW), calling it a developer-friendly blockchain designed to create a base layer for next-generation games and applications.
The crypto trader rounded off its selection with the DeFi Klondike Finance (KLON) project, which has the potential to be another driver of agricultural income.
In fact, you can only farm and earn CLONE tokens, and there isn’t really much of a risk to you. I’m not telling you to buy KLONE or that it’s going to go up … DeFi is essentially about agriculture.
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