Real Vision CEO Raoul Pal, who previously expressed his preference for altcoins over Bitcoin, has revealed his prediction for an altcoin that he believes will experience a significant surge in value.
In a recent video, Pal stated that SUI will outperform many other altcoins for the remainder of the bull run.
The renowned millionaire stated that SUI will surpass XRP and Solana (SOL) in the coming months, leaving both of them in its wake.
Citing a bullish pattern in the SUI chart, Pal pointed out the formation of an inverse Head and Shoulders pattern, which, according to him, suggests a substantial potential for growth.
While Pal acknowledged the confidence in Solana and its continuous strengthening, he argued that reallocating some investment from Solana to SUI could yield higher returns.
“Solana is a more established second cycle protocol and is likely to perform well. However, SUI, being newer and riskier, appears poised for explosive growth at this stage of the market.”
Regarding the SUI-XRP comparison, Pal stated, “We have reached the bottom of the trend channel for SUI, and it is likely to outperform XRP going forward.”
However, he clarified that this prediction does not imply that XRP will decline, but rather that SUI will offer superior returns to its holders.
While Pal believes in SUI’s outperformance, he also acknowledged the bullish potential of XRP, noting, “XRP’s weekly chart has broken the 7-year giant wedge, and it’s unclear where it could go. Very strong.”
*This is not investment advice.