As crypto continues to gain traction on a global scale, Raoul Pal, founder of Real Vision, a macroeconomics expert bitcoin, Ethereum and four major altcoin He says he’s still very optimistic about it.
In a new interview with business and entrepreneurial YouTube channel Goko Group, Pal said that he expects the total crypto market to grow 100 times in the coming years following its exponential adoption.
“[Kripto]has experienced the fastest growth in adoption of any technology in recorded history. In three and a half years, we will grow from 150 million users to one billion users. In the next ten years, it will grow from $2 trillion to $200 trillion as an asset class.”
Pal also shared six crypto assets that he believes have the most solid bullish potential based on their fundamentals.
“What you have to do is look at these cryptocurrencies and say, ‘How many people are using this? Is this network growing and people are building on it?’ to ask questions. If you can answer yes to these questions, then you have a good investment.
I’m currently seeing this in Bitcoin, Ethereum, Solana, Terra and possibly Polkadot or Avalanche. These are the ones with the larger market value. We’re seeing real use cases, lots of people adopting them, and lots of people developing apps on it.”
Pal advises investors to take a close look at Ethereum (ETH) if they want to keep things simple.
“Just get Ethereum. Ethereum is like the internet of money. It’s like a software platform on which everything is built, and it may not be one of the most booming, but it will rise a lot due to the massive network effects. Simple to grasp. Trading is simple. It’s simple to get. It’s liquid and you don’t need to learn a lot of new stuff.”
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.