Macro guru and former Goldman Sachs executive Raoul PalForecast for cryptocurrency market and Web3 projects. Pal forecasts an unprecedented growth rate for these two markets.
Raoul Pal, the guest of the new episode of Google Tech Talks, cryptocurrency He thinks the $1 trillion market value of assets will be 300 trillion.
Pal explained his growth forecast with the amount of ‘activity’ available. Referring to venture capital investment, Pal. He noted that it hinders crypto and Web3 from performing at full performance as it attracts some of the biggest players in tech and finance.
Koinfinans.com As we have reported, according to Pal, the market value will increase as the current macroeconomic problems decrease.
“All Web2 players are involved in the game. In fact, everyone is in this business. We’re having a hard time seeing this because there are regulatory gaps. Everyone knows very well where this will lead. It looks a bit like the internet, but I’ve never seen anything like it before. It is much more comprehensive and adds value to the protocols.
Crypto Assets Need 10-15 Years
I believe it will be a huge increase. Compared to where we are now, I can estimate a trillion-dollar valuation. Almost all traditional markets are between 200-300 trillion. These levels are also the target of the crypto industry. We can reach these levels in 10-15 years.”
Pal also claimed that the accumulation of value in the crypto markets will be one of the “fastest and largest” accumulations the world has ever seen.
“It’s much bigger than the oil market. It’s bigger than the internet. This is something very different. Its popularity is very high. As a result, if macroeconomic problems subside, everyone will be involved. As a matter of fact, everyone has already invested ‘venture capital’ in this field.
So due to the $60 billion in venture capital in the last 18 months, the pace of the cycle in crypto, we’re going to see a lot of products. There will be changes in the next six to twelve months. As a result, we will start to tell everything very differently.”
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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.