My prediction is Modefi will blow up with up to x1000. Its basically a better Chainlink. Their team is from canada and vetted and has had the most active github in crypto already several times with millions of lines of code. They got some seed money by venture capital firms but are also vetted by Kucoin.
Yet their market cap is under $5m still. Which even for a bear is extremely low.
I don't think this project will achieve anything similar to what chainlink achieved in utility. Although because of the hype, the project could do well in price as people try to find the next chainlink. We have multiple oracle like project so why think this one will stand out if the crowd, what's so unique above the project that others don't have. Project like chainlink don't even have to stress themselves as they already have a name and projects will come looking for them therefore there's every chance they'll keep growing and becoming bigger.
After the 2020 market crash, chainlink didn't do so well as the attention of the market shifted from Defi to metaverse so maybe investing in oracle related project won't be the best choice for the next bull market.