Real Vision CEO Raoul Pal said the key signal indicating whether Zcash shows Real Vision CEO Raoul Pal said the key signal indicating whether Zcash shows
Raoul Pal says capital rotation could be fuelling Zcash boom
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Real Vision CEO Raoul Pal said the key signal indicating whether Zcash shows the start of a rally is if it can hold up during a broader market uptrend.
The recent surge in privacy-focused cryptocurrency Zcash may be driven more by capital rotation than a sustained structural bull trend, says Real Vision founder and macro investor Raoul Pal.
“Do I need that asset to say I was in earliest? I don’t really,” Pal told Kevin Follonier on the “When Shift Happens” podcast published on Thursday.
The privacy-focused token Zcash (ZEC) has seen significant gains this year, but Pal said it is still too early to say whether its rally represents the beginning of a broader uptrend.
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