Raoul Pal Predicts Cryptocurrency Market Cap to Surge by Over 44 Times Reaching 100 Trillion Heres Why

CoinDesk reports:
Macro guru and CEO of Real Vision, Raoul Pal, stated that the total market value of cryptocurrencies will soar to a staggering $100 trillion.
In a recent interview on the Blockworks Macro YouTube channel, the former Goldman Sachs executive said that if the digital asset industry continues to grow at the same rate, its total market value will increase by about 44 times in less than 10 years.
Pal stated that the explosion in the total market value of crypto assets will be the biggest wealth creation opportunity in history.
At 29:50, he said, “Today’s market value is $2.5 trillion. If we just extrapolate the trend growth rate, by around 2032, it will reach $100 trillion. So, this is the biggest wealth creation opportunity in human history.”
According to data from CoinGecko, at the time of writing this article, the total market value of cryptocurrencies is $2.24 trillion.
The macro guru pointed out that when it comes to digital assets and taking on the most risk, traders should be cautious about adopting a tribal mentality.
At 30:57, he said, “Our job is not to philosophize and tribal think about [what to invest in] and then screw it up, our job is to maximize the opportunity as best we can, that’s how you balance risk, because a lot of people are risking 10.
No, no, no. If it grows from $2.5 trillion to $100 trillion, you don’t need to take on the most risk, you just need to catch most of it, and then do a little tailing on the side.”
Pal went on to say that most of his cryptocurrency portfolio is invested in smart contract platforms and Ethereum (ETH) competitor Solana (SOL), as he believes that Ethereum and other altcoins have more upside potential than the cryptocurrency king Bitcoin (BTC).
At 32:01, he said, “90% of my liquid net worth is basically allocated to Solana… I don’t have much Bitcoin right now. It doesn’t mean I don’t like Bitcoin, I just think other Bitcoin are going up more, that’s it.”
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