Real Vision chief executive, Raoul Pal makes predictions on the massive rally by these top Ethereum (ETH) competitors.
Furthermore, The former Goldman Sachs executive, Raoul confirms that although 82% of his portfolio is in Ethereum. Of course, believes the smart contract platforms Solana (SOL) and Terra (LUNA) will outperform ETH this cycle
“So why don’t I have all my money in those? Because I have less certainty because the…”
“network effects are less pronounced. So, therefore, I have to have a smaller bet.”
So, Raoul continues,
“But I don’t think ETH stops going up. The whole space is going up 100x over the next 10…”
“years, so you can back a lot of different horses and still make money.”
More so, Raoul believes the crypto markets will experience a huge price surge by the end of the year.
“We’ll probably start to see a sell-off in early January or late December because people are…”
“expecting something, and I think it will be wholeheartedly wrong because I see nothing…”
“but a wall of money coming in January/February/March.”
Currently, ETH is trading at around $4,745.02, indicating around 6% increase on the day.
Furthermore, Raoul predicts that ETH is doubling in value in the coming weeks and finishes 2021 closer to $15,000 than $10,000.
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