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ZyCrypto 2024-12-31 20:45:45

Dogecoin High on Raoul Pal’s Bullish Crypto Picks: Here’s What’s on His Radar

Raoul Pal, the founder and CEO of Real Vision and a popular crypto strategist has shared his top crypto picks for the current bull market, focusing on Dogecoin . Dogecoin is high on his list, alongside other assets showing strong potential. Pal’s picks reflect his strategy of targeting established and emerging tokens that he believes will perform well in the current market cycle. The market has been active, and Pal’s choices shared on December 16 on X highlight key trends investors should watch. Dogecoin: A Key Pick Amid Market Volatility One of the coins in Pal’s portfolio, Dogecoin is valued at $0.31 as per the portfolio. Nonetheless, Dogecoin has been fairly consistent despite recent ups and downs. The meme coin has increased by 2.23% in the last 24 hours and decreased by 12.42% within the last week. The market capitalization of the asset is currently $59.9 billion, with a 24-hour trading volume of $2.63 billion, showing sustained investors’ appetite. Raoul Pal has previously mentioned Dogecoin as one of his top crypto portfolio assets of focus, and his optimism for the token has not wavered. Back in November, on X, Pal cited Dogecoin’s 550% outperformance of Bitcoin since its genesis as evidence of being “harder money” at times than Bitcoin. This sets him in line with his bullish stance on Dogecoin, which remains one of his favorite assets for the current bull run . A Look at Pal’s Broader Crypto Watchlist: Bitcoin, Ethereum, Solana, and Sui Raoul Pal’s top Crypto picks| Source: X Pal has a number of other digital assets on his radar, which he expects to perform during the bull market. The biggest one by market capitalization – Bitcoin – comes out on top; it is now valued at $2.07 trillion and has rallied 3.86% in the last seven days. Currently, Bitcoin’s 24hr volume is $50.6 billion, thus there is a strong interest from investors. Ethereum (ETH) is also on Pal’s list as well of course, their prices fell slightly during the week, with $404 billion in market capitalization and an ETH price of $3,363. Pal is especially bullish on Solana (SOL), calling it his “main game.” Priced at $194, Solana has a market cap of $93.2 billion. The project has seen growing momentum, which fits Pal’s long-term outlook. Sui (SUI) is another asset to watch. The token has hit new all-time highs and is currently priced at $4.20. It has surged by 13.48% in the past week, making it one of the top performers on Pal’s radar. Meme Coins: DOGE and Smoking Chicken Fish In addition to Dogecoin, Pal is also keeping an eye on meme coins. Smoking Chicken Fish (SCF), another meme coin has jumped 27.54% in daily trading. Meme coins like SCF and Dogecoin can be volatile, but Pal’s confidence in them shows he’s looking for opportunities in these high-risk, high-reward tokens. While Pal focuses on these major assets, he is also building a portfolio of culture NFTs. These long-term investments aim to capitalize on the growing trend in digital culture. Pal has emphasized that his strategy involves balancing immediate profits from some assets with long-term growth in the NFT space. Raoul Pal’s crypto picks, shared on December 16, reflect a well-rounded strategy. Dogecoin remains a key asset in his portfolio despite market fluctuations. His broader watchlist, which includes Bitcoin, Ethereum, Solana, Sui, and meme coins like Smoking Chicken Fish, presents a mix of established leaders and emerging players.

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