
Banana Zone: Raul Pal's Crypto Forecast
22.11.2024
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7Raul Pal predicted that in the current market phase, called the "banana zone," cryptocurrency prices will rise. He recommends investing in BTC, ETH, and SOL to reduce risks in a volatile market. For riskier traders, his advice is to invest in SUI tokens and meme coins such as DOGE.
The popularity of bananas in the crypto market has increased following recent events: Elon Musk linked the fruit to space missions, and Justin Sun purchased a banana art piece for $6.2 million. This sparked greater interest in meme coins, and the BANANA token rose by 5% in a day, reaching a market capitalization of $1.1 million.