These Controversial Altcoins Could Skyrocket, According to Raoul Pal

Former Goldman Sachs executive Raoul Pal believes that a specific group of altcoins could outperform other cryptocurrencies in the coming months, despite their controversial nature.

Pal notes that the crypto community tends to dislike tokens with high valuations and low initial circulating supplies, known as low float/high fully diluted valuation (FDV) tokens.

According to Pal, these tokens often experience significant drops, typically around 70%, after their initial release, as future token unlocks are priced in. However, he suggests that once the supply is predictable, demand becomes the key factor in driving prices.

Pal explains that if a token begins to show real demand—whether through network activity or speculative interest—its price could rise, particularly during bullish phases in the crypto market.

Read More:

Grayscale Launches Avalanche Trust to Expand Crypto Investment Options

He believes that these low-float tokens are often under-owned due to their poor reputations, making them more likely to see significant price increases if demand grows.

While Pal cautions against holding these tokens for too long, he suggests that the low supply could work in favor of investors during a bull market. He concludes that, based on his experience in traditional finance, this scenario is a likely outcome.