Real Vision founder and CEO Raoul Pal notes four altcoin projects that he believes have major upside in the long run.
Furthermore, CEO Raoul goes on to tell his 711,000 Twitter followers. Then, mentions altcoins targeting unique social and virtual use cases. While, they are currently the most undervalued on the market.
More so, CEO Raoul points to the non-fungible token (NFT) platform Rally (RLY), tokenized sports exchange Chiliz (CHZ). Then, and gaming metaverses The Sandbox (SAND) and Decentraland (MANA) as four of the most early protocols in all of crypto.
Notably, CEO Raoul is a big fan of the NFT-focused company Dapper Labs.
“I obviously also own BTC and a whole bunch of other crypto…”
“(layers 1’s, DeFi and interoperability stuff). I think the most undervalued plays for the future…”
“(not now) are Rally, Chiliz, Dapper Labs, The Sandbox,..”
“Decentraland and other metaverse and social tokens…”
So, CEO Raoul continues.
“I’m not shilling them as they are big-picture future plays…”
“I am not looking for quick gains in those strategic,…”
“undervalued bets so don’t follow me in expecting a pump.”
Then, Raoul concludes.
Also, Facebook’s recent rebranding to Meta is a good sign that a virtual transformation is underway. Also, it will that will launch the masses to blockchain technology, according to Raoul.
“Make no mistake – Meta/Facebook with Diem and the metaverse experience…”
“is a way to onboard billions of people into this world of distributed ledger technology…”
So, Raoul continues.
“This is what adoption looks like – it maybe not what you want, but it is what it is…”
“Again, we have the choice to participate or not. This is very different to the physical world…”
“Your opinion of Meta is just a matter of where you hang out.”
Then, CEO Raoul concludes.
Lastly, CEO Raoul also reveals he holds “irresponsibly” long positions in Ethereum (ETH).
“Just so we are clear – I am more than irresponsibly long ETH right now…”
“I now have leverage but via calls. This is by far and away the…”
“biggest personal position of my entire life by a factor of 10 (or more).”
“My view horizon for this part of the trade is 6 to 9 months.”
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