Bitcoin
Bitcoin (BTC)
$63,818.00 1.42762
Bitcoin price
Ethereum
Ethereum (ETH)
$3,431.45 2.43898
Ethereum price
BNB
BNB (BNB)
$573.05 2.87448
BNB price
Solana
Solana (SOL)
$156.77 2.71373
Solana price
XRP
XRP (XRP)
$0.5457540 2.66315
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000193 5.82289
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000121 24.55681
Pepe price
Bonk
Bonk (BONK)
$0.0000270 9.45386
Bonk price
Bitcoin
Bitcoin (BTC)
$63,818.00 1.42762
Bitcoin price
Ethereum
Ethereum (ETH)
$3,431.45 2.43898
Ethereum price
BNB
BNB (BNB)
$573.05 2.87448
BNB price
Solana
Solana (SOL)
$156.77 2.71373
Solana price
XRP
XRP (XRP)
$0.5457540 2.66315
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000193 5.82289
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000121 24.55681
Pepe price
Bonk
Bonk (BONK)
$0.0000270 9.45386
Bonk price
Bitcoin
Bitcoin (BTC)
$63,818.00 1.42762
Bitcoin price
Ethereum
Ethereum (ETH)
$3,431.45 2.43898
Ethereum price
BNB
BNB (BNB)
$573.05 2.87448
BNB price
Solana
Solana (SOL)
$156.77 2.71373
Solana price
XRP
XRP (XRP)
$0.5457540 2.66315
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000193 5.82289
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000121 24.55681
Pepe price
Bonk
Bonk (BONK)
$0.0000270 9.45386
Bonk price
Bitcoin
Bitcoin (BTC)
$63,818.00 1.42762
Bitcoin price
Ethereum
Ethereum (ETH)
$3,431.45 2.43898
Ethereum price
BNB
BNB (BNB)
$573.05 2.87448
BNB price
Solana
Solana (SOL)
$156.77 2.71373
Solana price
XRP
XRP (XRP)
$0.5457540 2.66315
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000193 5.82289
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000121 24.55681
Pepe price
Bonk
Bonk (BONK)
$0.0000270 9.45386
Bonk price

Raoul Pal says Ethereum is the fastest growing economy globally

raoul-pal-says-ethereum-is-the-fastest-growing-economy-globally
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Raoul Pal says Ethereum is the fastest growing economy globally

Raoul Pal, CEO of Real Vision, has presented a new framework for understanding the cryptocurrency ecosystem, and saying he thinks the ethereum economy is the fastest-growing economy on earth.

Raoul Pal, the CEO of Real Vision, has presented a new framework for understanding the cryptocurrency ecosystem. He suggests that bitcoin and ethereum should be viewed as economies, rather than just assets, each having unique characteristics.

Pal compares the Bitcoin economy to the Catholic church or the gold bug community, which fiercely protects the integrity of its protocol and is resistant to innovation. The Ethereum economy is compared to the U.S. economy, with a central bank that follows the rules of responsible monetary policy to ensure value is upheld.

Pal also notes that ETH has a deflationary supply, which makes it attractive to investors seeking yield. Pal argues that the Ethereum economy presents opportunities for capital gains through private sector lending, NFTs, and the emerging layer of dApps, DAOs, social tokens, and layer 2s.

He sees the Ethereum economy as the fastest-growing economy on earth, offering many opportunities for investors. However, Pal emphasizes the significance of investing time to find the best options, dollar cost averaging, and diversifying to avoid potential losses.

Regarding other major crypto projects, Pal compares XRP to the U.K., an old economy that lacks innovation and grows slowly.

Solana is compared to South Korea just after the Asian crisis when its currency and equity market came crashing down. It presented an unmatched opportunity that outperformed both the USD and SPX for six years.

However, solana failed to continue the outperformance and did not stand the test of time.

Pal concludes that the crypto ecosystem presents a once-in-a-lifetime opportunity for those willing to put in the work to navigate and understand it. Pal also comments on other emerging cryptocurrencies, including Sui, Aptos, Meta, Instagram, and Polygon, and sees ETH as the easiest way to invest with the least risk.