Real Vision founder and chief executive Raoul Pal is feeding his followers with information on his favorite altcoins aside Ethereum (ETH).
Pal is a vocal Ethereum bullish supporter names the smart contract platform Solana (SOL) as one of his favorite altcoins.
More so, Solana’s native token SOL, the fifth top crypto asset by market cap, is exchanging hands at $200. Which signifies decline of nearly 7% on the day.
Furthermore, Pal mentions three other smart contract platforms, Avalanche (AVAX), Terra (LUNA) and Polkadot (DOT).
Currently, AVAX ranks 11th in crypto assets by market cap and it’s trading at $110.06 at time of writing. That’s, showing about a 9% decline on the day.
Also, LUNA is another altcoin on Pal radar.
Additionally, LUNA is showing 2.36% decline, trading at $41.81 at time of writing. Meanwhile, DOT, ranking 9th among crypto assets by market cap, is trading at $35.83. of course, indicating a 11.69% decline on the day.
Also, Pal confirms with a theory by Chris Dixon, a general partner at Andreessen Horowitz, stating that “ETH killers” are a myth.
Furthermore, Dixon thinks that demand for blockchains will outpace supply.
“Another great thread by @cdixon 100% agree. The pie is getting bigger and slices may vary in…”
“size and will increase in number over time, but most are getting bigger too..”
https://t.co/xRMau2aLbD — Raoul Pal (@RaoulGMI) November 21, 2021
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