By Tobi Loba
Raoul Pal, founder and CEO of Global Macro Investor and Real Vision Group, has some hours ago revealed that he currently holds the 7th largest cryptocurrency by market capitalization, Cardano (ADA), setting a $20,000 target for Ethereum (ETH).
There are a number of crypto big guns who silently believe that emerging smart contract platform has the prospect to succeed in the future, due to the resilient effort of the team of developers led by Charles Hoskinson.
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Raoul Pal Says He Owns Cardano (ADA), Sets $20,000 Target for Ethereum (ETH)
Raoul Pal, one of the biggest personalities in the crypto ecosystem, made this revelation on 3rd May 2021, in a thread of tweets that involved the creator of Cardano (ADA), Charles Hoskinson.
In the thread of tweets, Raoul Pal commented on a post that announced that Ethereum (ETH), the second-largest cryptocurrency has hit a price milestone of $3,000.
Looking far beyond the $3,000 price level, Raoul Pal wrote, “A long way to go to 20k +.”
A long way to go to 20k +
— Raoul Pal (@RaoulGMI) May 3, 2021
In response to Raoul Pal’s obvious interest in Ethereum, a supposed Cardano community member stated that he looks forward to when every good thing professed in relation to Ethereum is completely transferred to Cardano, the emerging smart contract platform that is regarded as an Ethereum-killer.
Read Also: Cardano Beats Ethereum, Polkadot to Top Blockchain with Highest Development Activity on Github
The user wrote, “Isn’t that a bit conservative Raoul? I can’t wait for the tweet where everything is transferred to Cardano. Oh that will be fun.”
The founder of Real Vision group responded by showcasing his interest in the two promising cryptocurrencies.
Raoul Pal wrote, “I own ADA.”
I own ADA
— Raoul Pal (@RaoulGMI) May 3, 2021
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Pal’s simple response implies that he does not have the mind of the maximalists. He believes in diversifying his crypto portfolio with digital currencies that can stand the test of time.
Raoul Pal had several times professed his interest in Ethereum (ETH), but this seems to be the first time he’s revealing that he’s been silently supporting Cardano, and the Cardano community has been treating this as bullish news.
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