Ethereum Price Set For 100% Rally -Raoul Pal

The CEO of Real Vision, Raoul Pal, is optimistic about Ethereum (ETH) following a month-long market slump.

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Pal thinks that ETH may be preparing for a significant rally.

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He predicts ETH price to hit $2,000 to $3,000, claiming the price may rise even further as Ethereum is burned during transitions, increasing its scarcity.

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Pal points out that certain mechanics in ETH are particularly unbalanced due to burn, and the more users join the network, the less ETH there is.

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There is a risk of a V-shape up. That’s the risk I think is underpriced says pal.

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