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Tom Lee Shocks: "I Want to Buy This Altcoin More Than BTC"
Tom Lee, the co-founder of Fundstrat and known for his bold predictions about cryptocurrency, recently stated that Ethereum (ETH) could surpass Bitcoin (BTC) in the near future. In an interview with Bankless, he stated that Ethereum is increasingly being accepted by Wall Street due to its foundational role in the blockchain infrastructure, which could help ETH achieve a 100-fold return and even reverse its market capitalization value compared to Bitcoin. Ethereum is at a "Turning Point Like Bitcoin in 2017" Lee believes that the current stage of Ethereum is similar to Bitcoin in 2017 – the time when institutional investors began to invest heavily. "If I had to invest all my assets in the next 10 years, I would choose Ethereum instead of Bitcoin," he shared. According to him, ETH is not just a digital currency but also a core technology of the new generation, with great potential in applications such as stablecoins, asset tokenization, and decentralized finance (DeFi). ETH Price Forecast to Reach 7,000 – 15,000 USD by the End of This Year In the interview, Tom Lee predicted that the price of ETH could reach between 7,000 and 15,000 USD by the end of the year, and it might even surpass the 20,000 USD mark in the long term. Lee's forecast has attracted a lot of attention amid the return of institutional money to the cryptocurrency market. If this trend continues, Ethereum could truly become a strong competitor, even dethroning Bitcoin as the "king" of the crypto world.