Raoul Pal/Real Vision/Youtube
Raoul Pal, a co-founder of financial content provider Real Vision, said on Wednesday he could see ether rallying by as much as 300% into the year end from its current level around $4,100 right now.
The native token of the ethereum network is on course for a stellar year. So far in 2021, it's gained almost 500%, compared to the roughly 100% rise in the value of bitcoin. Ethereum's faster transaction speeds, lower fees and versatility in running anything from decentralized finance applications to hosting non-fungible tokens has made ether hugely possible among investors. Some say it could eventually overtake bitcoin in terms of market capitalization, in an event known as "flippening"
Pal, a huge crypto bull who has
Read more on markets.businessinsider.com