Macro Guru Raoul Pal Says NFTs Aren’t Dead, Predicts Big Comeback for Crypto Sector

Raoul Pal, an influential macro investor and former Goldman Sachs executive, has expressed strong optimism about the future of non-fungible tokens (NFTs) and the broader crypto sector. According to Pal, despite the apparent lull in the NFT space, the technology remains "profound" and will experience a significant resurgence in a variety of applications beyond just art. He suggests that NFTs could serve as tools for over-the-counter derivatives, private loans, and ticketing, among other use cases.

Pal also highlights the convergence of artificial intelligence (AI) and crypto, stating that the two technologies are in the early stages of creating a transformative new ecosystem. He believes AI agents will interact with tokens for tasks like payments, incentivization, and computing costs.

Additionally, Pal is highly bullish on the long-term growth of blockchain and crypto, forecasting that the sector could grow from its current $2.5 trillion valuation to a $100 trillion market cap within the next decade. He sees this as the largest wealth accumulation event in history and predicts that the next six years will be pivotal in shaping the future of this space.

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