Finance CEO Raoul Pal Says Crypto Will Reach $100 Trillion Market Cap – Here’s When
06 Juillet 2024 - 7:00PM
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Raoul Pal, the co-founder and Chief Executive Officer (CEO) of Real
Vision Group, has predicted that the global crypto market will
reach a market capitalization of $100 trillion. The financial
expert has maintained a strong bullish position for the future of
the industry, outlining several reasons why he believes the market
will jump 44X from its current market capitalization. Related
Reading: Dogecoin Decimated: $5 Million Liquidation Sparks 14%
Price Plunge Crypto Market To Hit $100 Trillion Market Cap In
a recent YouTube interview on the Blockworks Macro channel, Pal
predicted that the total market capitalization of the crypto
industry could jump from $2.5 trillion to $100 trillion in less
than a decade. The financial expert disclosed that if the market
maintains a steady growth rate and continues to evolve at a rapid
pace, then it could see its market capitalization surging by up to
44X. In an earlier post on X (formerly Twitter), Pal
disclosed that assets like cryptocurrency and technology perform
extremely well during secular trends based on adoption. He
highlighted that this growth rate was twice the speed of the
internet’s adoption when comparing active wallets and IP
addresses. The analyst has based his $100 trillion crypto
market capitalization on the rate of adoption of the crypto
industry, highlighting that the increasing number of cryptocurrency
users will have a massive impact on the market’s value.
Additionally, in the interview, Pal advised against taking
unnecessary investment risks when engaging in
cryptocurrencies. He disclosed that the goal should be to
maximize investment opportunities without getting caught up in
tribal or philosophical debates. He emphasized that with the
cryptocurrency market potentially reaching a $100 trillion market
capitalization, it’s unnecessary to take excessive investment
risks. Instead, investors should balance risk and opportunity,
utilizing the right portfolio management strategies to effectively
capture the majority of the market gains. Market Liquidity
May Continue Into 2025 During the YouTube interview, Pal forecasted
that the current market liquidity cycle could extend into 2025. The
Real Vision CEO disclosed that since 2008, there has been a notable
cyclicality in global liquidity. Diving into the nuances of what he
calls “The Everything Code,” Pal revealed that the current market
cycle is significantly driven by the growth of market assets such
as stocks, cryptocurrency and technology. He noted that the market
was shifting towards a “Macro Summer,” marked by liquidity growth
and often associated with the “Banana Zone.” According to Pal, the
banana zone is a period of significant upward price movements where
market indicators turn bullish signaling the start of a new bull
run. Related Reading: Buy The Dip? XRP Whales Doing Exactly
That – Is A Price Rally Next? The financial expert emphasized that
the global liquidity cycle tends to have a predictable pattern
which influences economic activities. He highlighted several
factors that could also impact the cryptocurrency market cycle
including the upcoming US Presidential elections and a potential
rate cut by the Federal Reserve. Featured image from Pexels, chart
from TradingView
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