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Here’s the Key Chart in Crypto Right Now, According to Former Goldman Sachs Executive Raoul Pal Here’s the Key Chart in Crypto Right Now, According to Former Goldman Sachs Executive Raoul Pal

Here’s the Key Chart in Crypto Right Now, According to Former Goldman Sachs Executive Raoul Pal

Former Goldman Sachs executive Raoul Pal thinks one chart is a critical representation of the current crypto market.

The Real Vision chief executive shares a chart with his one million followers on the social media platform X that compares the layer-1 blockchains Sui (SUI) and Solana (SOL).

The macro guru shares a chart suggesting that SUI is primed to outperform SOL.

“I keep staring at this chart of SUI/SOL. Probably the key chart in crypto right now to indicate the structure of the market ahead.”

Source: Raoul Pal/X

SUI is trading at $3.71 at time of writing. The 17th-ranked crypto asset by market cap is down more than 2% in the past 24 hours.

SOL is trading at $239.74 at time of writing. The fourth-ranked crypto asset by market cap is up nearly 1% in the past day.

Pal also mentions that he eventually plans to shift his proceeds into digital art non-fungible tokens (NFTs) and Bitcoin (BTC) for preservation.

The Real Vision CEO also calls the crypto sector as a whole the biggest macro trade.

“I still don’t understand why so many macro guys/girls still mess around in rates, foreign exchange, precious metals, ‘value investing’ commodities and emerging markets when the biggest macro trade of ALL TIME is happening.

$3 trillion >>>>>$100 trillion potential in 10 years.

Everything else is a waste of capital.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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https://dailyhodl.com/2024/11/19/heres-the-key-chart-in-crypto-right-now-according-to-former-goldman-sachs-executive-raoul-pal/

2024-11-19 08:04:40

bitcoin
Bitcoin (BTC) $ 76,498.50 7.80%
ethereum
Ethereum (ETH) $ 1,497.87 16.40%
tether
Tether (USDT) $ 0.99934 0.05%
xrp
XRP (XRP) $ 1.77 15.34%
bnb
BNB (BNB) $ 542.41 7.87%
usd-coin
USDC (USDC) $ 1.00 0.01%
solana
Solana (SOL) $ 100.56 15.55%
tron
TRON (TRX) $ 0.224239 5.72%
dogecoin
Dogecoin (DOGE) $ 0.137933 16.35%
cardano
Cardano (ADA) $ 0.542238 15.16%
staked-ether
Lido Staked Ether (STETH) $ 1,489.94 16.74%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,276.44 7.86%
leo-token
LEO Token (LEO) $ 8.91 2.75%
usds
USDS (USDS) $ 1.00 0.01%
the-open-network
Toncoin (TON) $ 2.94 10.07%
chainlink
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stellar
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shiba-inu
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wrapped-steth
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avalanche-2
Avalanche (AVAX) $ 15.28 11.41%
mantra-dao
MANTRA (OM) $ 6.16 1.34%
sui
Sui (SUI) $ 1.82 15.94%
hedera-hashgraph
Hedera (HBAR) $ 0.134318 14.99%
polkadot
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binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.99335 0.65%
ethena-usde
Ethena USDe (USDE) $ 0.998831 0.05%
bitcoin-cash
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litecoin
Litecoin (LTC) $ 66.15 18.93%
bitget-token
Bitget Token (BGB) $ 3.88 12.17%
weth
WETH (WETH) $ 1,502.81 16.08%
whitebit
WhiteBIT Coin (WBT) $ 27.78 0.86%
pi-network
Pi Network (PI) $ 0.5666 12.38%
monero
Monero (XMR) $ 190.54 11.24%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,596.84 16.29%
hyperliquid
Hyperliquid (HYPE) $ 10.04 13.19%
dai
Dai (DAI) $ 1.00 0.01%
susds
sUSDS (SUSDS) $ 1.05 0.07%
okb
OKB (OKB) $ 50.27 7.26%
uniswap
Uniswap (UNI) $ 4.87 16.68%
pepe
Pepe (PEPE) $ 0.000006 12.97%
gatechain-token
Gate (GT) $ 20.59 7.77%
aptos
Aptos (APT) $ 4.16 13.08%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 76,475.49 7.77%
near
NEAR Protocol (NEAR) $ 2.05 14.48%
tokenize-xchange
Tokenize Xchange (TKX) $ 29.91 7.54%
mantle
Mantle (MNT) $ 0.67601 8.54%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.16 0.14%
ondo-finance
Ondo (ONDO) $ 0.706134 10.84%
crypto-com-chain
Cronos (CRO) $ 0.079065 12.89%
first-digital-usd
First Digital USD (FDUSD) $ 0.997824 0.32%
bitcoin
Bitcoin (BTC) $ 76,498.50 7.80%
ethereum
Ethereum (ETH) $ 1,497.87 16.40%
tether
Tether (USDT) $ 0.99934 0.05%
xrp
XRP (XRP) $ 1.77 15.34%
bnb
BNB (BNB) $ 542.41 7.87%
usd-coin
USDC (USDC) $ 1.00 0.01%
solana
Solana (SOL) $ 100.56 15.55%
tron
TRON (TRX) $ 0.224239 5.72%
dogecoin
Dogecoin (DOGE) $ 0.137933 16.35%
cardano
Cardano (ADA) $ 0.542238 15.16%
staked-ether
Lido Staked Ether (STETH) $ 1,489.94 16.74%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,276.44 7.86%
leo-token
LEO Token (LEO) $ 8.91 2.75%
usds
USDS (USDS) $ 1.00 0.01%
the-open-network
Toncoin (TON) $ 2.94 10.07%
chainlink
Chainlink (LINK) $ 10.73 15.02%
stellar
Stellar (XLM) $ 0.215433 13.42%
shiba-inu
Shiba Inu (SHIB) $ 0.000011 10.53%
wrapped-steth
Wrapped stETH (WSTETH) $ 1,788.20 16.54%
avalanche-2
Avalanche (AVAX) $ 15.28 11.41%
mantra-dao
MANTRA (OM) $ 6.16 1.34%
sui
Sui (SUI) $ 1.82 15.94%
hedera-hashgraph
Hedera (HBAR) $ 0.134318 14.99%
polkadot
Polkadot (DOT) $ 3.41 13.10%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.99335 0.65%
ethena-usde
Ethena USDe (USDE) $ 0.998831 0.05%
bitcoin-cash
Bitcoin Cash (BCH) $ 258.36 12.50%
litecoin
Litecoin (LTC) $ 66.15 18.93%
bitget-token
Bitget Token (BGB) $ 3.88 12.17%
weth
WETH (WETH) $ 1,502.81 16.08%
whitebit
WhiteBIT Coin (WBT) $ 27.78 0.86%
pi-network
Pi Network (PI) $ 0.5666 12.38%
monero
Monero (XMR) $ 190.54 11.24%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,596.84 16.29%
hyperliquid
Hyperliquid (HYPE) $ 10.04 13.19%
dai
Dai (DAI) $ 1.00 0.01%
susds
sUSDS (SUSDS) $ 1.05 0.07%
okb
OKB (OKB) $ 50.27 7.26%
uniswap
Uniswap (UNI) $ 4.87 16.68%
pepe
Pepe (PEPE) $ 0.000006 12.97%
gatechain-token
Gate (GT) $ 20.59 7.77%
aptos
Aptos (APT) $ 4.16 13.08%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 76,475.49 7.77%
near
NEAR Protocol (NEAR) $ 2.05 14.48%
tokenize-xchange
Tokenize Xchange (TKX) $ 29.91 7.54%
mantle
Mantle (MNT) $ 0.67601 8.54%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.16 0.14%
ondo-finance
Ondo (ONDO) $ 0.706134 10.84%
crypto-com-chain
Cronos (CRO) $ 0.079065 12.89%
first-digital-usd
First Digital USD (FDUSD) $ 0.997824 0.32%