Raoul Pal, known to those interested in crypto money, said that Cardano (ADA), Solana (SOL), Avalanche (AVAX) and Terra (LUNA) could rise in this bull cycle.
In his interview, Raoul Pal talked about the possibility of a long bull market by June 2022 that could potentially push Ethereum as high as $40,000.
Raoul Pal said: “I think almost certainly by March but possibly by summer, which will give us higher prices and a different cycle structure than we’ve seen before. I could be wrong. I’m not betting on everything. But I think it could be like this. If I’m right about the adoption of the network, then other layer-1s like Solana, Terra, Avalanche, Cardano and others will be great explosives.”
“But on a risk-reward basis, they’re riskier. They are not as deep a network as Ethereum. For me, Ethereum remains the best option in the world from a risk-adjusted perspective.”
Source: https://www.coinkolik.com
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
