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Home»ALTCOIN NEWS»The total cryptocurrency market cap, says Raoul Pal, is poised to explode 44x to $100,000,000,000,000. Here’s why:
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The total cryptocurrency market cap, says Raoul Pal, is poised to explode 44x to $100,000,000,000,000. Here’s why:

By Crypto FlexsJuly 5, 20243 Mins Read
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The total cryptocurrency market cap, says Raoul Pal, is poised to explode 44x to 0,000,000,000,000. Here’s why:
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Raoul Pal, a macroeconomic expert and CEO of Real Vision, predicts that the entire cryptocurrency market will soar to a whopping $100 trillion.

In a new interview on the Blockworks Macro YouTube channel, the former Goldman Sachs executive says that if the digital asset industry continues its current growth rate, its total market cap will surge by about 44x in less than a decade.

According to Arm, the explosive growth in the total market capitalization of crypto assets will be the greatest wealth creation opportunity in history.

“Today, the market cap is $2.5 trillion. If we extrapolate the trend growth rate, it will reach $100 trillion by 2032. So this is the greatest wealth creation opportunity in human history.”

According to CoinGecko, at the time of writing, the cryptocurrency market cap is $2.24 trillion.

Macro experts caution traders against having a scarce mindset and taking maximum risk when it comes to digital assets.

“Our job now is not to screw up by being philosophical and tribal about (what to invest in). Our job is to maximize the opportunity as much as possible, and that’s a balance of how you take risk, because a lot of people take risk up to 10.

No, no, no, even if it goes from $2.5 trillion to $100 trillion, you don’t have to take the maximum risk, you can secure most of it and then secure a little more on the side.”

Pal says most of his crypto portfolio is on smart contract platforms, and that Ethereum (ETH) competes with Solana (SOL), believing that Ethereum and other altcoins have greater upside potential than the king of cryptocurrencies, Bitcoin (BTC).

““90% of my liquid assets are basically in Solana right now… I don’t have a lot of Bitcoin right now. That doesn’t mean I don’t like Bitcoin, I just think other things are going to go up. It’s simple.”

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Disclaimer: The opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investment in Bitcoin, cryptocurrencies or digital assets. Your transfers and transactions are your responsibility and any losses you may incur are your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets and The Daily Hodl is not an investment advisor. The Daily Hodl participates in affiliate marketing.

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