Former Goldman Sachs executive and Real Vision CEO Raoul Pal shared two altcoins that he thinks will surpass Ethereum in an interview with the “InvestAnswers” Youtube channel, which has 359 thousand subscribers.
Experienced analyst Pal stated that ETH, which is in the top 10 among cryptocurrencies, may surpass Solana (SOL) and Terra (LUNA) if the bull market continues.
Looking pretty confident, Pal believes that smart contract platforms SOL and LUNA will outperform Ethereum in the bull cycle, even though 82% of his portfolio is in Ethereum.
“Then why don’t they have all my money? Because I have less certainty about these altcoins. And the network effects of these altcoins are less obvious. Therefore, I need to make a smaller bet.
But I don’t think Ethereum will stop rising either. It will increase 100 times in the next 10 years, and people will make more money.”
Pal continued, saying that the cryptocurrency market will see a huge surge by the end of the year and investors will be confused:
“Investors are expecting a price increase. When there is an increase at the end of the year, we will probably start to see a sale at the beginning of January or at the end of December. However, this is completely wrong. Because the real increases will be experienced in January-February-March.”
Ethereum May Hit $40,000 By Summer!
The famous CEO stated that he predicts that Ethereum, the second largest cryptocurrency after Bitcoin, will more than double in the coming weeks.
Going further in his prediction for Ethereum, Raoul Pal stated that he believes ETH will reach $20,000 by March at the latest and $40,000 by summer.
*Not Investment Advice.