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Finance CEO Raoul Pal Says Crypto Will Reach $100 Trillion Market Cap
Raoul Palco-founder and chief executive officer (CEO) of Real Vision Group, predicted that the global cryptocurrency market will reach a market cap of $100 trillion. The financial expert maintained a strong bullish stance on the future of the sector, outlining several reasons why he believes the market will rise 44 times its current market cap.
Cryptocurrency Market Will Reach $100 Trillion Market Cap
In a recent Interview on YouTube on the Blockworks Macro channel, Pal predicted that the total cryptocurrency sector market capitalization could jump from $2.5 trillion to $100 trillion in less than a decade. The financial expert revealed that if the market maintains a steady growth rate and continues to evolve at a rapid pace, then it could see its market cap increase by up to 44 times.
In a previous one Post on X (formerly Twitter), Pal revealed that assets like cryptocurrency and technology perform extremely well during secular trends based on adoption. He highlighted that this growth rate was double the speed of internet adoption when comparing active wallets and IP addresses.
The analyst based his cryptocurrency market cap of $100 trillion on cryptocurrency industry adoption ratehighlighting that the growing number of cryptocurrency users will have a huge impact on the market value. Furthermore, in the interview, Pal advised against making unnecessary decisions Investment risks when dealing with cryptocurrencies.
He revealed that the aim should be to maximize investment opportunities without getting involved in tribal or philosophical debates. He stressed that with the cryptocurrency market potentially reaching a Market cap of $100 trillionThere is no need to take excessive investment risks. Instead, investors should balance risk and opportunity, using the right portfolio management strategies to effectively capture the majority of market gains.
Market liquidity could continue until 2025
During the YouTube interview, Pal predicted that the current market liquidity cycle could extend into 2025. Real Vision CEO disclosed that since 2008 there has been a notable cyclicality 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 moving towards a “Macro summer,” characterized by an increase in liquidity and often associated with the “Banana Zone.” According to Pal, the banana zone is a period of significant upward price movements when market indicators turn bullish signaling the start of a new bull run.
The financial expert pointed out that the global liquidity cycle tends to have a predictable pattern that influences economic activities. He highlighted several factors that could also impact the cryptocurrency market cycle, including the upcoming United States Presidential Election and a potential rate cut from the Federal Reserve.
Featured image from Pexels, chart from TradingView