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Home»Altcoin»Economist Draws Attention to 5 Altcoins: They Look Solid!
Altcoin

Economist Draws Attention to 5 Altcoins: They Look Solid!

cryptossorBy cryptossorKasım 21, 2021Yorum yapılmamış2 Mins Read
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Famous economist Raoul Pal said that he is very optimistic about Bitcoin, Ethereum and the four major altcoins as crypto continues to be adopted on a global scale. Cryptocoin. com we share the details…

Raoul Pal talks about altcoin projects with real use cases

In a new interview, Pal said that he expects the total crypto market to increase 100 times in the coming years as a result of exponential adoption. According to Pal, who stated that cryptocurrencies are “the fastest adoption area in any technology field in history”, we will increase from 150 million users to one billion users in three and a half years. Total market capitalization as an asset class will grow from $2 trillion to $200 trillion in 10 years. Pal examines the six cryptoassets that he thinks have the strongest potential based on their fundamentals, using the following statements:

What you do is look at these cryptocurrencies and say, ‘How many people are using this? Is this network growing and people are building on it?’ If you can answer these questions with yes, then you have a good investment. What I’m seeing right now is Bitcoin, Ethereum, Solana, Terra and possibly Polkadot or Avalanche. These are the ones with a larger market value. We’re seeing real use cases, lots of people adopting it, and lots of people developing apps on it.

Pal says that for those who want to keep their investments simple, investors should take a closer look at Ethereum (ETH), noting the enormous network effects.

Crypto Pal
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Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals

By cryptossorMayıs 18, 2023

Investors, plagued by mounting pessimism, have sought refuge in cash, according to a recent survey…

Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards

Mayıs 18, 2023

EU Council Adopts New Rules for Europe’s Crypto Markets

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