New Bitcoin And Ethereum Price Forecasts Are Here | CryptoGazette
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It’s been revealed that there are some new exciting price predictions for the most critical digital assets.
Real Vision CEO Raoul Pal has recently revealed his price targets for Bitcoin (BTC) and Ethereum (ETH).
Pal reveals new price predictions for BTC and ETH
In a new Real Vision Finance interview, Pal made sure to highlight the fact that his favorable macroeconomic conditions toward the end of the year could push Bitcoin and Ethereum above $100,000 and $10,000, respectively.
“I use the logarithmic channel. The upside for Bitcoin, if we get traction again, particularly if we end up with some central bank easing, which I think we will get the last part of the year, or allusion to it, I still think Bitcoin can probably do 300% or so this year, and ETH could do more.”
At time of writing, Bitcoin is trading above $42k, while Ethereum is trading at $3,274.
Pal also predicted that 2022 will be the year of social tokens – crypto assets that monetize the value provided by personalities, brands, or communities.
“I’ve been eluding this for some time because it’s stuff that I’m working on that I can’t really talk about, but I think this is the year of social tokens. People don’t really [get it] yet. I talk about it.”
He continued and said the following:
“People that really get it. We’re seeing Bored Ape start with the ape token. There’s some of these, but these are still small scale.”
He explained that we will be seeing some massive communities tokenized and we will see the power of token economics.
Despite the multiple price corrections that the crypto market has seen lately, there are all kinds of BTC predictions that are taking place in the crypto industry.
More than that, it’s also important to note that BTC is seeing massive adoption these days. Earlier today, we revealed that Fidelity has a new report out that highlights exactly this.
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