Popular crypto influencer and trader Tyler Swope gave his list of little-known small-cap altcoins and indices that are set to “moon” in the near future.
Speaking in a recent video, Swope named Sora Network (XOR) as a potential altcoin for investors to consider adding to their portfolio. The project, which runs on the Polkdadot network, functions as a scalable, cross-ecosystem swapper.
Swope said Sora Network was creating the infrastructure for central bank digital currencies to be deployed upon in the future.
Sora Network is out from Soramitsu and out of any blockchain project out there, they are the furthest along with a CBDC, a central bank digital currency, even further along than Ethereum.
The veteran trader also pointed to the DeFi Pulse Index, which follows the performance of various decentralized finance assets. He highlighted the index, which functions as a basket of altcoins, for its transparency and emphasis on popular DeFi tokens.