Crypto Ecosystem To Surpass $200 Trillion, Raoul Pal Says

The optimistic predictions about Bitcoin and the general crypto space continue to pour in these days. The latest one comes from Raoul Pal.

The macroeconomics guru and Real Vision co-founder predicted that the entire crypto ecosystem will be worth hundreds of trillions of dollars. Now, Bitcoin continues to suck liquidity from other asset classes.

The crypto market will explode

On Twitter, he told his followers that the value of the whole crypto market would exponentially exceed the expectations of the investors who are pouring their money into the crypto space today.

He also made sure to add that many of today’s analysts and investors are missing the big picture as they look at Bitcoin through a conventional lens.

“I’m finding it fascinating to see traditional finance and business people first trying to get their heads around BTC, then other crypto protocols, then Defi, and now NFTs. At every single stage in the rapidly evolving ecosystem, they have used mean-reversionist thinking as opposed to exponential network effects analysis, and therefore everything looks like a bubble or a misallocation of capital.”

Pal also posted the following tweet:

At the moment of writing this article, BTC is trading in the green, and the king coin is priced at $54,674.91.

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