Raoul Palco-founder and CEO of Real Vision Group, predicted that global cryptocurrency market will reach a market capitalization of $100 trillion. The financial expert maintains a sturdy bullish stance on the future of the industry, outlining several reasons why he believes the market will grow 44 times from its current market capitalization.
Cryptocurrency market to reach $100 trillion market capitalization
In the recent Interview on YouTube on the Blockworks channel, Macro Pal predicted that the total crypto industry market capitalization could grow from $2.5 trillion to $100 trillion in less than a decade. The financial expert revealed that if the market maintains a steady growth rate and continues to develop at a rapid pace, the market capitalization could augment by as much as 44 times.
Before write to X (formerly Twitter), Pal revealed that assets like cryptocurrencies and technology are doing exceptionally well during secular trends based on adoption. He emphasized that this growth rate was twice as high speed of internet adoption when comparing busy wallets and IP addresses.
The analyst based his cryptocurrency market capitalization on $100 trillion the pace of adoption of the cryptocurrency industryemphasizing that the growing number of cryptocurrency users will have a huge impact on the market value. In addition, in the interview, Pal advised against making unnecessary investment risk when investing in cryptocurrencies.
He revealed that the goal should be maximizing investment opportunities without getting entangled in tribal or philosophical debates. He emphasized that with the potential for the cryptocurrency market to reach Market capitalization of $100 trillionthere is no need to take excessive investment risks. Instead, investors should balance risks and opportunities by using proper portfolio management strategies to effectively capture the majority of market gains.
Market liquidity could persist until 2025
During a YouTube interview, Pal predicted that the current market liquidity cycle could last until 2025. Real Vision CEO revealed that since 2008 a clear cyclical pattern can be observed global liquidity. Delving into the nuances of what he calls the “Code of Everything,” Pal revealed that the current market cycle is largely driven by the growth of market assets such as stocks, cryptocurrency and technology.
He noticed that the market was moving towards “Macro Summer”, characterized by increased liquidity and often associated with “Banana Zone.” According to Pal, a banana zone is a period of significant upward price movement during which market indicators turn bullish, signaling the start of a novel bull market.
The financial expert emphasized that the global liquidity cycle tends to follow a predictable pattern that affects economic activity. He highlighted several factors that could also affect the cryptocurrency market cycle, including the upcoming US presidential election and potential interest rate cut by the Federal Reserve.
Featured image from Pexels, chart from TradingView