It has been just revealed that the macro guru Raoul Pal said that trillions of dollars could start flowing into the altcoin markets. Check out the latest reports about this below.

Trillions of dollars could flow into the altcoin markets

Raoul Pal, a former executive of Goldman Sachs, predicts that a significant amount of investment will pour into the cryptocurrency market as altcoin markets prepare for a potential surge.

The macro expert is closely monitoring TOTAL3, a chart that monitors the overall market capitalization of cryptocurrencies, excluding Bitcoin (BTC) and Ethereum (ETH), and shares his observations with his 997,100 Twitter followers.

Pal suggests that TOTAL3 has a bullish outlook as it is currently trading near the apex of a falling wedge structure. A potential breakout could lead to an increase in the total market capitalization of altcoins, surpassing $4 trillion.

“Gorgeous Chart Alert!

I keep staring at this chart…

It is one of the most bullish and perfect charts I’ve ever seen, and the measured objective is well over $4 trillion.

Total crypto market cap (ex BTC and ETH).”

As of now, TOTAL3’s trading value stands at approximately $332.65 billion. If it reaches $4 trillion, the potential for growth will exceed 1,100%.

Furthermore, Pal predicts that the market capitalization of all cryptocurrencies could rise to $10 trillion.

In recent news, Pal expressed his belief that crypto will outperform all other asset classes as global liquidity rises, making it one of the fastest horses in the race.

He also said that BlackRock’s filing for a spot Bitcoin exchange-traded fund could attract fresh capital into the nascent space.

A warning is released about the US dollar

Ryan warns that the US is heading towards a potential debt crisis that could have adverse effects on the dollar’s position as the top reserve currency in the world.

“So we have these leaders who are saying I am not going to do anything to stop a debt crisis in this country. And we know we have a debt crisis coming. So he’s courting disaster on that front. He’s basically harming our ability to stay as a reserve currency. He is moving us closer to a debt crisis by basically committing not to tackle this.”

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