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Crypto Trader Elliot Wainman Says 7 Altcoins Are Set To Go Parabolic

Crypto Trader Elliot Wainman Says 7 Altcoins Are Set To Go Parabolic


Crypto influencer and trader Elliot Wainman is revealing the names of a select batch of altcoins that are primed to go parabolic.

In a new strategy session, Wainman tells his 228,000 YouTube subscribers that he believes Mainframe (MFT) is the next Aave.

“Mainframe is essentially a protocol for borrowing and lending at a fixed rate. This is a big deal. This is why I like MPH (88 mph) and this is why I like Mainframe because fixed-rate lending is the most attractive form of lending… In my opinion, the big, big money comes from the bond market, from the fixed-rate interest market. Those are the financial products that are going to be huge.” 

The next coin on Wainman’s radar is Rari Governance Token (RGT), which he refers to as a “baby YFI (yearn.finance).”

“They’re saying you can earn autonomous yield and that Rari Capital aims to deliver the best yield. It’s the same concepts that we’re seeing in YFI but with some more nuances. They’re focused on sustainable yield.” 

The crypto analyst is also keeping a close watch on Paid Network (PAID) as he’s personally invested in the project.

“They’re really passionate about the smart contracts to optimize workflows. I definitely see some ways that, if it’s adopted, it can be really useful.”  

Another coin that Wainman’s holding is Yield Optimization Platform & Protocol (YOP). While the coin has grown tremendously in the last few days, the crypto trader says that a move above $1.50 would indicate that it has more gas left in the tank.

Wainman is bullish on Bridge Mutual (BMI) as well. He says he is targeting $100 for the Polkadot-based decentralized insurance project, representing growth of over 2,477% current price of $3.88.

The sixth coin on Wainman’s list is prediction markets protocol Prosper (PROS). The crypto trader believes that PROS has more upside potential due to its small market cap of around $8 million compared to the valuation of prediction markets leader Augur (REP) of $124 million.

The last coin that Wainman says has parabolic potential is Akash Network (AKT), a protocol that’s aiming to disrupt the cloud computing industry.

“Akash has a real chance of becoming a decentralized cloud, decentralized computation type of thing. Tapping into things like Cudos, tapping into things like Filecoin (FIL), tapping into things like DeepCould (DEEP). This is a really, really interesting project.

I know the team has delivered, grown it, and gotten adoption before which is really hard.” 

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/GrandeDuc





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