Altcoins
Raoul Pal lists the best Altcoins to stack before April
Macro guru Raoul Pal expressed his bullish sentiment towards the cryptocurrency market, particularly Bitcoin, Ethereum and Solana, predicting record highs during the 2024-2025 bull market. Pal, founder and CEO of Real Vision, highlighted the significant growth potential in the crypto space, attributing it to a confluence of factors including global liquidity, the upward trend in the business cycle and the growing adoption of crypto- currencies.
In a recent interview, Pal explained current market conditions, describing them as a “crypto summer,” where prices are expected to rise despite occasional pullbacks. He alluded to the transformative impact of cryptocurrencies, particularly Ethereum and Solana, poised to surpass Bitcoin during this period.
Pal’s bullish outlook is supported by his analysis of the correlation between crypto and macroeconomic trends. He believes that ongoing quantitative easing measures adopted by central banks will continue to drive demand for cryptocurrencies as investors seek alternative assets to protect against inflation.
Regarding price predictions, Pal suggested that Bitcoin could reach over $200,000 per coin in the near term and potentially reach $1 million by the end of the bull market. He also expressed optimism about the price trajectories of Ethereum and Solana, envisioning significant gains for both assets.
He said things seem to be following a predictable pattern, with Bitcoin leading the way and Ethereum following suit. Looking at the charts, it appears that Ethereum is preparing for a surge similar to 2020. He expects this trend to continue, especially for Solana, which is poised for another surge. Reflecting on his analysis, he believes that things are progressing as planned.
Pal’s investment strategy involves allocating a significant portion of his portfolio to major cryptocurrencies such as Bitcoin and Ethereum, while also diversifying into meme coins like Dogecoin and Shiba Inu. However, he advises caution and recommends only allocating a reasonable percentage of your portfolio to speculative assets.
Despite the recent surge in cryptocurrency prices, Pal believes we are still in the early stages of the bull market, with great upside potential ahead.