Fundstrat co-founder Tom Lee predicts Ethereum (CRYPTO: ETH) may possibly overtake Bitcoin (CRYPTO: BTC) thanks to its use cases for Wall Street.
What Happened: In an appearance on the Bankless podcast on Aug.6, Tom Lee predicts Ethereum could deliver a 100x return and potentially flip Bitcoin’s market cap, driven by accelerating Wall Street adoption and Ethereum’s central role in blockchain infrastructure.
His new firm, Bitmine Immersion Techs (AMEX:BMNR), has already acquired 833,000 ETH, worth $3 billion, in …