$ETH 👑 Tom Lee, The King of Wall Street Betting on ETH
Tom Lee, a famous strategist from Wall Street (Fundstrat), has ceased to be just an analyst and has become the President of BitMine, the company that is now the largest corporate treasury of Ethereum in the world.
Lee believes that Ethereum (ETH) is entering a "supercycle" that could match Bitcoin's historical gains.
Why ETH?: His thesis is based on the massive growth of stablecoins (which could reach $2 trillion). As most stablecoin transactions occur on the Ethereum blockchain, Lee argues that ETH will be the biggest beneficiary and should skyrocket.
Lee's company already owns about 3.9 million ETH tokens and has ramped up purchases following the recent Fusaka upgrade of the network.
A heavyweight in traditional finance is using his reputation and capital to assert that the future of payments lies in stablecoins, and that Ethereum is the new Bitcoin.
📌 When respected figures in traditional finance (like Tom Lee) not only endorse a cryptocurrency but also take on operational responsibilities to make it their primary reserve asset (ETH at BitMine), they are granting the highest institutional legitimacy.
What do they OPINION❓
