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    “”Here’s Why Ethereum Is About To EXPLODE” | Raoul Pal Crypto Bitcoin 2024 Prediction



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    If you’re familiar with Raoul Pal, you know that he’s one of the biggest Ethereum bulls in the crypto world.

    He believes it has the best risk to reward by far. He’s not just saying that either. He’s put his money where his mouth is and over 90% of his portfolio is invested in ETH.

    What makes him so confident?

    Raoul broke down 3 major catalysts:

    1. The Ethereum Merge. Thought the Bitcoin Halving was a big deal? That cut’s the supply of Bitcoin by 50%. Last year due to the ETH merge, the supply of Ethereum was cut by 99%.

    2. EIP-1559. On August 5, 2021, a burn mechanism was added to Ethereum. This means every time Ethereum is transacted with, a fee of ETH is burnt. Gone forever.

    3. Unlike Bitcoin, you can stake Ethereum. Over 20% of the entire Ethereum supply is staked, meaning it’s likely held by high conviction, long term holders.

    Combine all 3 and Raoul believes Ethereum has the perfect set-up. Since the merge, Ethereum has been deflationary with a reduction of 300,000 ETH. This equals just under $500 mil.

    In the last bull-run, Ethereum almost got to $5,000. With much better supply economics, just how high could it go in the next bull-run?

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    #Crypto #Bitcoin #Ethereum

    “Everyone Is SO WRONG About This Market” | Raoul Pal Crypto, Bitcoin & Ethereum 2024 Prediction

    View 23 Comments

    23 Comments

    6. Wilbert T. Smith on

      As a new investor, it's important to remember that investing and trading require more than just technical analysis skills. Discipline and emotional maturity play a significant role in achieving success. It's wise to keep in mind the adage of "time in the market vs. timing the market," as this mentality can help you weather market volatility. With the insights of Donna Mikalonis and my commitment to learning and growth, I've been increasing my earnings in just a few months. Keep up the good work!

    7. Meagan Schaffer on

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    10. Red McC on

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    11. swag mill on

      Crypto and NFTs are bringing a different
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    12. Millennial Freedom on

      How can ath be coming. Money not being printed until then no bull market. We looking at recession. Liquidity draining. We will only get a start of a pump if inflation falls Russia war ends and money printing goes brrr. 2025 will be the start of the run

    13. Paige Caleb on

      ‌It's a pity many people still believe that, making profit from crypto is all about holding till it rises, honestly it takes time and could crash at anytime.

    14. Lewis Ben on

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    21. Veronica Dole on

      I really appreciate the dedication in each video you post. Despite the dip in crypto, I still thank you for the level-headed financial advice. I started crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio. Thanks so much Mrs Elizabeth Wesley.

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