A leading crypto analyst says the booming rally of Cosmos (ATOM)-based altcoin THORChain (RUNE) isn’t finished making some noise.
THORChain has been on a tear for the last month, rising 147% from $4.85 on March 1 to $11.99 at time of writing.
Despite RUNE’s incredible gains, leading crypto analyst Michaël van de Poppe tells his 579,500 followers in a tweet that THORChain still has some gas in the tank.
“I think we’re going to see a continuation towards $14.50-15 on RUNE here.”
“Altcoins had a year-long bear market. Most of them. I think they are done with that and we’re close to a new cycle…
One thing is sure, 2021 cycle was crazier than 2017 in terms of size and growth of adoption. Next one will be heavier.”
“I’m still potentially looking at this level for MATIC.”