While the ongoing downtrend in Bitcoin (BTC) and altcoins continues to challenge investors, the expected good news of the rise came from Real Vision CEO Raoul Pal.
Famous macro investment expert Raoul Pal stated that we are on the verge of a major rise in the cryptocurrency market. Pal added that he thinks that the development of gaming applications can ignite the cryptocurrency market and will play an important role in this rise.
Raoul Pal said in a recent interview that gaming apps are in a new phase of adoption that could help fuel growth in the cryptocurrency sector.
“I think gaming apps will start the rise of the crypto space and it will be a big breakout.”
Bitcoin Expects 5-Fold Rise, Solana 10-Fold Rise!
Expecting a serious rise in the cryptocurrency market, Pal said that he expects a 4-5 fold increase from current prices for Bitcoin (BTC) and a 10-fold increase for Solana (SOL).
Pal, who is also a former Goldman Sachs executive, pointed out that, like every cycle, another Layer-1 race has begun in the current cycle.
The famous name stated that caution should be exercised regarding such Tier 1 projects, and warned investors that these projects can gain value rapidly and then experience serious declines, sometimes up to 95%.
*This is not investment advice.
