Macro Guru Raoul Pal Reveals His ‘Biggest’ Meme Coin Bets; Says ‘Dogecoin Should Be Next ETF’

Raoul Pal, the founder and CEO of Real Vision and Global Macro Investor, has opened up about meme coins and their relevance. Pal revealed that his two biggest bets, equally weighted, are Whiff and Bonk, and he’s been invested in those for a while now. He still holds some Dogecoin because he believes Elon Musk will likely do something with Doge over time. Other than these, he doesn’t have any additional investments. He focuses on comparing charts relative to one another, such as Bonk versus other meme coins.

He admits to struggling with the direction of the Bonk and Whiff chart, which is why he avoids super-early investments. He doesn’t have the time to delve into pump-and-dump schemes to determine what might move.

As reported by Savvy Finance, Pal explained that what’s happening is speculation—whether cultural memes will become important. Pal doesn’t mind it as long as everyone knows it’s like betting on raindrops in a window. Pal also sees it as a way to test out what might happen.

“Let’s assume that you can participate in the success of that meme you’ve found, like spotting a band where you go to a pub. This band’s amazing, and then they end up becoming Coldplay. It’s that same feeling of discovering something nobody else discovered and becoming a big thing. This way, you get to participate financially,” he explained the meme culture. 

Pal added that there is still value in these things. Dogecoin has proven its value, as has Shiba Inu. These two or three will persist, and that meme will continue to create further value. While uncertain what will ultimately create value, Pal doesn’t believe everything will go to zero. 

Talking about which ETF could launch next, Pal said , “if the space remains true to form, Dogecoin should be the next ETF.”