1 Unstoppable Crypto to Buy Before It Soars 3,000%, According to Wall Street's Tom Lee
The world's second-biggest cryptocurrency could be on the verge of a major breakout.
1 Unstoppable Crypto to Buy Before It Soars 3,000%, According to Wall Street's Tom Lee
Overview
As chairman of Bitmine Immersion Technologies (NYSE: BMNR), the world's largest Ethereum (CRYPTO: ETH) treasury company, Tom Lee is no stranger to super-bullish crypto price predictions. His latest price target, though, might have you scratching your head.
Lee predicts that Ethereum will soar from $2,000 to $62,000. If he's right, that would be a 3,000% return! Even investors in AI, quantum computing, or space exploration will likely find it impossible to achieve the same type of results over the next few years.
Details
There are a number of key factors that go into the $62,000 price target. The first involves Ethereum's historical dominance within the field of decentralized finance (DeFi). Over the past decade, Ethereum has become the go-to blockchain for Wall Street.
Source
Originally published at www.fool.com.
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