Ethereum

Solana

Dogecoin

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 <p>Macro guru and ex-Goldman Sachs executive Raoul Pal is revealing that is heavily invested in one Ethereum (ETH) competitor.</p>
 <p>Pal says in an appearance on the Bankless YouTube channel that the native token of the layer-1 blockchain Solana (SOL) comprises about four-fifths of his crypto holdings while the rest is in memecoins, digital collectibles and in a digital assets-focused investment vehicle.</p>
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 <p><i>“I am 80% SOL. All of my ETH is now NFTs (non-fungible tokens), I have been buying high-end art NFTs. </i></p>
 <p><i>I then have a bunch of the portfolio in the fund of hedge funds in Exponential Age Asset Management.</i></p>
 <p><i>And I have 1% in stupid s**t like dogwifhat, Dogecoin and Bonk. Got all of those. But that’s 1%… j</i><i>ust to be clear I’ve got like in all of memecoins and everything else, 1% of my portfolio. I am 80% Solana.”</i></p>
 <p>On what convinced him to bet heavily on Solana, the former Goldman Sachs executive says,</p>
 <p><i>“The chart that was a standout in 2022 was the Solana/Ethereum chart. And that was the chart that got me buying Solana and then going all in. Much like I went into Ethereum all in about September 2020. I just did it earlier in Solana.”</i></p>
 <p>Solana is trading at $133 at time of writing, up by over 1,240% from the 2022 closing price of about $9.89.</p>
 <p>Over the same period, Ethereum has increased by around 155% from the 2022 closing price of around $1,200 to the current $3,062.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/former-goldman-sachs-executive-says-80-of-his-crypto-portfolio-allocated-to-one-ethereum-rival-tbt85562.html">https://thebittimes.com/former-goldman-sachs-executive-says-80-of-his-crypto-portfolio-allocated-to-one-ethereum-rival-tbt85562.html</a></p>

Former Goldman Sachs Executive Says 80% of His Crypto Portfolio Allocated to One Ethereum Rival

TheBitTimes

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