Bitcoin Bull Raoul Paul Predicts 100x Crypto MarketCap Growth by 2030

The global crypto market capitalization is currently hovering around $2 trillion, according to data from CoinMarketCap. However, Raoul Paul, one of the most vocal mouthpieces in the digital currency ecosystem, expects the market cap to top $250 trillion by the end of the decade. 

The digital currency ecosystem has seen steady growth in recent times. By 2021, the global crypto market cap topped $1 trillion for the first time. The cryptocurrency ecosystem soon smashed the $2 trillion last year as the major assets, particularly Bitcoin (BTC), recorded a massive institutional embrace soaring to an All-Time High (ATH) above $68,700 in November.

To Raoul Pal, the digital currency ecosystem has not attained the same level of adoption as other mainstream traditional investment products. Raoul, who is now the CEO of RealVision, a crypto investment Think Tank, believes that “there’s a reasonable chance” the industry will grow to the $250 trillion valuation level if the level of adoption in the space continues.

“If I look at the total derivatives market, it’s $1 quadrillion. I think there’s a reasonable chance of this being a $250-trillion asset class, which is 100x from here, which would be the largest growth of any asset class in all of history in the shortest period of time,” he said while speaking on the Bankless Brasil podcast.

To Raoul, attaining this valuation point might mean that more than 3.5 billion people will be using it within the defined time frame.

“That will pretty much dovetail in with the idea that 3.5 billion people are using it — that’s just extrapolating the growth numbers of the network. So, if [there are] 3.5 billion users in 2030, the market cap’s going to be something like $250 trillion,” he added.

The digital currency ecosystem is growing at a fast pace, as is visible on all fronts. While no one can really see the future, there is a general expectation that the industry will attain the valuation point as predicted by Raoul soon.

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Raoul Paul Hails Crypto Industry, Calls it “Anti-Fragile Financial System.”

Raoul Paul, a popular crypto advocate who doubles as the founder and Chief Executive Officer of Global Macro Investor and Real Vision Group, praised for the broader cryptocurrency industry, following the three-week-long downturn in the market. 

Raoul Paul hailed the resilience of the digital currency ecosystem and its ability not to crumble as over $1.02 trillion were wiped out as low regulation could not prevent the liquidation shocks. Paul praised the broader cryptocurrency industry after the three-week-long downturn in the market.

The cryptocurrency industry has been hit on every side over the past several weeks. Beginning with the Xinjiang flooding that drastically impacted Bitcoin mining to Tesla reversing its decision to accepting Bitcoin payments, the market has waded through from negative news to the other.

The biggest blow in years came as Chinese regulators banned crypto transactions for the country’s financial institutions. The Asian giant also highlighted plans to send miners packing as talks on energy conservation are gradually becoming a concern.

These bouts of negativities pushed the global crypto market cap from a high of about $2.6 trillion to a low of $1.5 trillion. Yet, Raoul Paul noted that all key players did not suffer from the volatility.

“Crypto had a major, major VAR-shock test, and NOTHING happened. Leverage liquidation was offset by over-collateralization. No one was left holding the baby. No firm went under. The Fed didn’t need to step in. Defi didn’t break and carried on near normal,” He said in a Twitter thread, adding, There were no daisy chains of collateral losses. There was no collateral pressure. Stablecoins remained stable. A few exchanges went down for an hour or two. No exchange big losses occurred, no need to mutualise losses either. No protocol failed. No firms needed rapid funding.”

This resilience, according to Raoul, makes the crypto industry exhibit a zero systemic risk compared to the world of traditional finance. Drawing on these, he declared the industry as an “anti-fragile financial system that doesn’t break in times of stress, where ownership of assets is clear, and losses are not mutualised to taxpayers.”

Many industry heavyweights, including but not limited to Mark Cuban, Ray Dalio, Michael Saylor, and others, helped cushion the fate of crypto with their open revelation of investments in digital assets during the most challenging period for the industry in the past couple of years.

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