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According to Macro Guru Raoul Pal. Crypto traders could sleep on top altcoin for the next bull cycle

Raoul Pal, CEO of Real Vision, says that an “interesting” crypto project is a good bet for the next cryptoBull market could be.
In a new interview on the FamilyOffice investment YouTube channel, the former Goldman Sachs executive says he is under the radar eyeing Altcoin Internet Computer (ICP).

“Everyone hates it because the VCs [venture capitalists] came in very early. It was suddenly worth a lot of money. The coin has dropped 95%, but I think it’s interesting.

I think it might be something for the next cycle because a lot of smart people are working on it. There is a lot of development going on. The distribution of the tokens does not yet have a major network effect, so it cannot yet be proven. “

Internet Computer is a crypto project that was developed by the Swiss-based non-profit scientific research organization Dfinity. The BlockchainProject aims to replicate the speed, power and size of the Internet without relying on centralized systems such as firewalls, cloud computing infrastructure and databases. Internet computers also enable developers to create websites, corporate information systems, and Internet services by installing their code directly on the public Internet.

ICP, the project’s utility token, is trading at $ 27.93 at the time of writing and is up more than 3% in the past 24 hours.

Pal previously said that Internet computing “is clearly the greatest ambition of any project in this area.”


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Source: Crypto News Deutsch

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