Raoul PalCEO of Real visionexpressed an optimistic outlook for the crypto market, predicting an increase in liquidity from the “banana zone” which raise prices.
What happened: During an appearance on the show “When Shift Happens” podcastPal, who will be a keynote speaker at Benzinga’s upcoming conference. The future of digital assets event on November 19, presented its strategy, focusing on major cryptocurrencies like Bitcoin BTC/USD, Ethereum ETH/USD And Solana SOL/USDwhile also highlighting its bullish stance on Sui SUI/USD.
He predicts an increase in liquidity in the market, which he believes will drive up cryptocurrency prices.
He emphasized that meme coins would dominate this cycle, allocating 10% of his portfolio to this sector. Pal specifically mentioned Dogecoin DOGE/USD and a newcomer, Smoking Chicken Fish, as its top picks.
He noted that the Dogecoin chart is fascinating: Every four years it forms a huge wedge, stays silent, then suddenly explodes: “Dogecoin does nothing, does nothing then explodes. »
Although he acknowledges the risks, Pal sees the meme coin trend as a sign of “tokenization of culture and communities” that could spark larger developments in the crypto sector.
He stressed the need for risk management when investing in this volatile sector.
Read also: EXCLUSIVE: Binance CEO Richard Teng Says 2025 Will Surpass 2024 for Crypto
Why it’s important: Pal expressed his belief that the banana zone and cryptocurrencies provide a way out for average individuals, especially younger generations who struggle to afford housing with an average salary.
He highlighted that the crypto asset class provides a significant opportunity for these individuals.
In November 2024, Pal predicted that Bitcoin could reach $250,000but also suggested that Ethereum could outperform under Donald Trump’s administration.
His latest remarks demonstrate his continued confidence in the potential of cryptocurrencies, despite recent market stagnation.
What’s next: The influence of Bitcoin as an institutional asset class should be explored in depth in the next The future of digital assets event on November 19.
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