Tom Lee: At the start of a supercycle, traditional finance will be fully tokenized within a decade
On October 7, Tom Lee said at Token2049 that we are at the start of a supercycle, and that everything in traditional finance will be tokenized over the next decade. Most traditional financial institutions, including BlackRock, JPMorgan, and Robinhood, will build on Ethereum. He continued to express bullish views on ETH and BMNR, saying that if you’re bullish on ETH, you should also be bullish on Bitmine. The latter aims to outperform BTC, ETH, and other core assets during this cycle: if ETH rises to $22,000, BMNR’s share price will climb from $26 to $300–$500; if ETH rises to $62,000, BMNR will reach $1,200–$1,500.
On October 7, Tom Lee said at Token2049 that we are at the start of a supercycle, and that everything in traditional finance will be tokenized over the next decade. Most traditional financial institutions, including BlackRock, JPMorgan, and Robinhood, will build on Ethereum. He continued to express bullish views on ETH and BMNR, saying that if you’re bullish on ETH, you should also be bullish on Bitmine. The latter aims to outperform BTC, ETH, and other core assets during this cycle: if ETH rises to $22,000, BMNR’s share price will climb from $26 to $300–$500; if ETH rises to $62,000, BMNR will reach $1,200–$1,500.