• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Raul Pal claims that Ethereum will overtake Bitcoin in 2024

Raul Pal claims that Ethereum will overtake Bitcoin in 2024

user avatar

by Max Nevskyi

2 years ago

Former Goldman Sachs executive director, Raoul Pal, predicts that in 2024 Ethereum (ETH) will surpass Bitcoin (BTC).

The current CEO of Real Vision believes that in the coming year, Ethereum in tandem with Bitcoin (ETH/BTC) could replicate the price pattern of the 2021 bull market.

For all the ETH bears, in February 2021, BTC first reached $44,000 (where it stands today), while ETH was at $1,400 (now $2,250). Nine months later, ETH grew by 245%, BTC by 45%. I believe that ETH's superiority over BTC will become a key macroeconomic trend in 2024, and our work at EXPAAM (Exponential Age Asset Management) takes this into account.

On the evening of December 23rd, ETH/BTC was trading at a price of 0.05288 BTC ($2,314)

On the evening of December 23rd, ETH/BTC was trading at a price of 0.05288 BTC ($2,314).

The analyst also speculates that there will be more favorable macroeconomic conditions for risky assets, including Ethereum in the near future, which could lead to rapid growth, as was the case two years ago.

This analyst is confident that in the coming year, Ethereum's competitor, Solana (SOL), will not be able to catch up with Ethereum.

On the evening of December 23rd, the SOL/ETH pair was trading at a price of 0.0419 ETH ($97.01). Since the beginning of the current year, the price of SOL has risen from $9.99, reflecting a growth of more than 871%.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Pumpfun PUMP Shows Signs of Bullish Reversal

chest

Pumpfun PUMP has experienced a cooling phase after a significant price rise, but technical analysis suggests a potential bullish reversal.

user avatarTando Nkube

SwissBorg Introduces Dynamic Elite Ranks for Enhanced Trading Rewards

chest

SwissBorg introduces Dynamic Elite Ranks to reward committed community members with cashback on trading fees.

user avatarAyman Ben Youssef

Uncertainty Surrounds Huggi's Alleged Launch on Bybit Alpha

chest

Uncertainty surrounds Huggi's alleged launch on Bybit Alpha, as it has not been officially confirmed, raising questions about its validity and market impact.

user avatarKofi Adjeman

Husky Inu AI HINU Prelaunch Phase Price Increase Announced

chest

Husky Inu AI HINU is set to increase the value of its token during the prelaunch phase, raising it from 0.000025344 to 0.000025441.

user avatarJesper Sørensen

Former BOE Analyst Predicts Crypto Surge Following Alien Discovery

chest

Former BOE analyst warns that confirmation of extraterrestrial life could lead to a surge in demand for cryptocurrencies like Bitcoin due to eroding trust in governmental institutions.

user avatarSatoshi Nakamura

Ripple's XRP Token Experiences Significant Price Drop

chest

Ripple's native token, XRP, fell below $200 for the first time since January 2, reaching a low of $184 before recovering slightly.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.