“Don’t F**k This Up! You’re About to Lose a Massive 10-50x Opportunity” – Raoul Pal

“Don’t F**k This Up! You’re About to Lose a Massive 10-50x Opportunity” – Raoul Pal

I would assume that if salana is at
200ish today right for it to go up 100%
would be in crypto summer would be
highly unusual at least 300% would be
pretty standard so let’s mark that as
like that’s a reasonable
spot you know if I use a few charts and
a bit of you know log charts I get
somewhere between 800 and 1200 in a in a
complete bubble cycle I think it can go
above 2,000 in a short stunted cycle 750
something like that narratives shape
every cryptocurrency bull market and can
be the key to substantial Returns on
your Investments salana the native token
of the salana blockchain platform has
demonstrated remarkable performance over
the past year from a low of $9.9 in
January 2023 to over
$195 last month it saw a
1,879 increase in 14 months in the same
time frame Bitcoin moved from just over
$117,000 per coin to around
$72,000 an impressive 3
23.53% for the leading cryptocurrency by
market cap the success and rapidly
increasing popularity of the salana
blockchain and its native cryptocurrency
is a testament to its resilience
especially considering ing how
susceptible it is to sudden hours-long
outages though the outages have made
salana less attractive to some
cryptocurrency investors others are
still lured by its high throughput low
transaction costs and userfriendly
environment making it more attractive to
developers institutions and users
driving mainstream adoption users are
also looking forward to the effects of
fired dancer a new validator client
designed to address Solana’s transaction
speed limitations Accord according to
jump crypto the designer of fire dancer
the new validator client boasts a
completely new codebase optimized for
high performance meaning faster
transaction processing speeds and more
efficiency for the salana blockchain
platform renowned macro Guru and
prominent crypto investor Raul pal has
been expressing strong optimism for the
future trajectory of salana since he
learned about the development of fire
dancer in
2023 according to Pal this new validator
client changed the entire game for
salana as well as the entire
cryptocurrency industry with the
successful test net launch announced on
October 31st salana is targeting a main
net launch in the summer of
2024 pal maintains that this transition
will cause significant price increases
for the Blue Chip crypto taking it from
less than $200 today to up to $2,000
before the cycle ends in
2025 as we bring you clips from one of
Pal’s recent interviews please take a
little time to like this video Subs
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this thanks and enjoy the video fire
dancer is basically a validator of
salana it’s in testnet right now it’s
basically another way of accessing the
salana network it was built by jump
trading which is a high frequency
trading firm that’s deep into crypto and
they built it to be fast enough for high
frequency trading high frequency trading
is basically limited so the game in high
frequency trading is to be the fastest
with seeing the order flow and putting
your orders in that uses massive Fiber
Optic Cables of the shortest possible
length because what they’re using is the
speed of light so they say well it’s
impossible to do that in ethereum or
salana or anything so you need something
that operates at a Quantum change a step
change in speed so they built a new
version of salana which will run which
you can choose as your validator if
Solana’s theoretical transac per second
is 65,000 this is theoretically 1
million so it’s like it’s a it’s an
entire game chain so what does that
enable why am I interested in it because
things like some of the two initiatives
from SLA one was compressed nfts allow
you to create a million nfts for 100
bucks we’re seeing that on layer twos as
well like Bas but we’re not lay one
level okay Sal is a whole different game
so that makes it very cheap so you can
use nfts for other things not high-end
art or stuff you can use it for tickets
or whatever high frequency stuff now if
you’ve got a chain that operates the
speed of financial markets well now you
can tokenize exchanges you can put
exchanges on the blockchain like NASDAQ
okay that gets really interesting now
this Tech Stack’s not ready it won’t be
this cycle but we’ll see people using
this new speed and low latency for
interesting stuff and it’ll build a
narrative next cycle we’ll see the
launch of stuff on it so that’s how I
think about this this is like we’ve just
Unleashed two superpowers and we will
start to see people experimenting with
it and the narrative building next cycle
we actually see projects coming out on
it but it is a game changer for the
entire crypto space and most people
aren’t aware of it yet right now the
Network’s overwhelmed because of massive
use because mean coins and other stuff
and we’ve seen this in eth in the past
as well um where it just gets
overwhelmed with activity so they’re
putting through fixes now to increase
the bandwidth essentially the ability to
deal with um all of the transactions
that need to happen um I think the TPS
is the basically the speed and number of
transactions without it getting clogged
but you need compute power behind it as
well so yes we’ve seen salana
transactions failing right now only
because of the sheer demands of the
network much like you can over overrun a
Broadband Network or a mobile phone
network it’s all the same thing um and
so what you need is more compute so you
need more compute few fixes make things
a bit faster so it’s not broken per se
it’s just being tested to its limits
which I actually think is very bullish
particularly if they put a decent patch
through and before you know it opens up
the network again remember we had the
same in eth back in 2021 right The nft
Craze that happened on eth it was
massive and it just over plus D5 plus
everything else suddenly overwhelmed e
the gas fees went up the network was
clogged you couldn’t get transactions
through that’s actually a good sign it
shows you got product Market fit
according to sana’s proponents fire
dancer could be the potential
breakthrough for salana and the network
could finally live up to its status as
an ethereum killer over the past few
months the theory of salana flipping
ethereum has become more common amid a
fresh wave of onchain activity
increasing developer count and a growing
number of users boosted sharply by
Solana’s meme coin Main
according to Austin federa head of the
strategy at the salana foundation salana
might not be able to flip ethereum’s
considerably larger market cap in the
short term however the many
consumer-friendly applications being
built on salana could make that future
much sooner than many believe during a
recent interview with coin Telegraph
federa said on salana anyone can write
an interface in almost any programming
language this isn’t to say ethereum
won’t figure it out eventually but today
we’re seeing a huge number of projects
on ethereum that want to move over to
salana that’s not something we were
seeing a year and a half ago federa also
said he was extremely confident that the
Lion’s Share of new consumer facing
applications will be built on salana in
the coming year let’s return to Pal’s
interview where he gives his predictions
for salana Bitcoin and ethereum in 2024
we don’t really know but I I would
assume that if Sal is at 200ish today
right for it to go up 100% would be in
crypto summer would be highly unusual at
least 300% would be pretty standard that
would be eth all-time highs versus the
previous alltime highs of that high so
that will put it 600 so let’s mark that
as like that’s a reasonable spot you
know if I use a few charts and a bit of
you know log charts I get somewhere
between 800 and 1200 in a in a complete
bubble cycle think it can go above 2,000
in a short stunted cycle 750 something
like that but it’s still all to play for
is the point if Bitcoin is the gateway
drug the raas everybody else you can
kind of get your data across the line
with Bitcoin um you know and you can
just use digital gold or you know store
a value or something pretty
straightforward eth really is the
settlement layer for all of the layer
twos but also I think a lot of the
financial services industry will build
on top top of it because it’s deemed to
be the safe bet it’s like using
Salesforce for your CRM and other stuff
it’s like using AWS right it’s the thing
you don’t get fired for now I think
salana will grab part of that market
because of fired answerer which is much
faster we can talk about that later but
generally speaking eth is the Easy
Choice it’s like you work for a large
corporation they’ll give you Microsoft
Office eth is Microsoft off the proof is
in the pudding I’m 90% salana that’s
been my big bet for this cycle so the
last cycle my bet was switching
Bitcoin into e um a little bit later in
the cycle after the bottoming of that
Bitcoin eth cross and that really paid
off because it massively outperformed
and this cycle I switched my eth into
salana last year about August and that’s
really really paid off and I think it
continues Raul pal has three scenarios
for how the current crypto bull market
could play out a normal cycle a left
translated cycle and a bubble cycle he
gives a 60% probability of a normal
cycle that would see crypto assets like
salana and Bitcoin make significant
gains but nothing out of the ordinary if
this happens pal predicts that Bitcoin
will Peak at
$200,000 and salana at
$750 if this is a bubble cycle which pal
gives a 20% chance of occurrence pal
says the price increases will be much
larger taking Bitcoin to around a
million and salana to around
$2,000 the third scenario which gets
another 20% % chance of occurrence
indicates a peak in asset prices before
the Cycle’s midpoint suggesting a
shorter than normal cycle in Pal’s words
it will be violent and short do you
agree with Pal’s Outlook and predictions
for crypto assets like salana and
Bitcoin please drop your comments and
observations in the comment section
below also ensure you like this video
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this thanks for watching

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Credit: Altcoin Daily
Raoul Pal’s LATEST Solana Price Prediction (insane.)

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