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Which altcoins is Raoul Pal buying?


January 25, 2021 · By Manager
Arweave (AR), Celsius Network (CEL), Chainlink (LINK), Elrond (EGLD), Polkadot (DOT), Sushi (SUSHI), Synthetix Network Token (SNX), Terra (LUNA), The Graph (GRT), Uniswap (UNI)

Global Macro Investor Founder and CEO Raoul Pal is looking to invest in 10 profitable alts, the Economic Historian and Investment strategist shared on Twitter he wants to add these alts to his BTC and ETH portfolio. 

Crypto Banter analysed alts he should buy based on “Altcoin Evaluation Model”; Sector, Network Effect, Risk, Market Cap and Relative Valuation. 

First on their list is a Decentralized Web 3.0 Blockchain Interoperability Platform Polkadot(DOT) The platfrom provides unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains.

Number two on their list is Chainlink(LINK), a Blockchain Oracle network for powering universally connected smart contracts.

Number three and four on the list is a look into the Defi space. The mentioned projects are SYNTHETIX and AAVE

Crypto Banter 5th and 6th pick is Uniswap and SushiSwap, both are fully decentralized protocol for automated liquidity provision on Ethereum.

Number seven on the list is Celsius(CEL), The Celsius Network is a P2P loans platform that allows users to offer their crypto holdings as collateral to avail a cash or stablecoins loan at interest.

Number eight on the list is LUNA, it is a cryptocurrency that is mined to power Terra’s DPoS blockchain.

Number nine on the list is Arweave, it is a new type of storage that backs data with sustainable and perpetual endowments.

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