Web3 And Crypto Projects To Witness An Outburst

It’s being projected within a decade that the cryptocurrency and web3 market capitalization will witness an unprecedented growth within the next decade, this projection was made by a crypto analyst Raoul Pal in a google tech interview which he said the crypto market capitalization which is about 1$ trillion could possibly explode over a decade.

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How will this be possible, well a timeline of a decade might be too far off as we can see that hedge funds and institutional money is gradually approaching the ecosystem and if a regulation is initiated as suggested it will make safer for this institutional bodies to approach the ecosystem. Well in he’s words he says;

All the big Web2 players are involved. Everybody in the financial system is involved – everybody. You just don’t see it really, because they’re cautiously moving forward because of regulatory issues. But everybody knows that this is where it’s all going. I’ve never seen anything like it, personally. It’s kind of a little bit like the internet, but it’s just faster-paced and actually larger in scope, which sounds crazy, but it is because it accrues value itself to these protocol layers.

So there’s this massive value accretion that comes. If I compare where we are now, call it a trillion dollars of asset valuation in digital assets. Well, almost all the traditional asset markets are $200 trillion to $300 trillion each. We’re going to get there in probably 10 to 15 years.”

On what is pal actually basing he’s theories on looking at the web3 critically with the current activities within its space, he said investment is flooding the space and will outburst as soon as the macro economic situation which is currently faced at the moment subsides.

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Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.

Let’s also connect on some of the web2 platform.
Twitter:Hironakamura

Posted Using LeoFinance Beta

Posted Using LeoFinance Beta



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