Editor's PiCK

Tom Lee: "Ethereum (ETH) Will Be More Promising Than Bitcoin (BTC) in 10 Years"

Source
JH Kim

Summary

  • Tom Lee of Fundstrat stated that if he were to invest his entire fortune over the next 10 years, he would choose Ethereum over Bitcoin.
  • He evaluated Ethereum as a next-generation core technology that is showing upward momentum similar to 2017.
  • He also expects that the growth of stablecoins and the tokenization market will greatly benefit Ethereum.

According to BeInCrypto, a media outlet specializing in digital assets and cryptocurrencies, Tom Lee, co-founder of Fundstrat, stated, "If I had to invest my entire fortune for the next 10 years, I would choose Ethereum (ETH) over Bitcoin (BTC)."

He assessed that Ethereum, as a next-generation core technology, is currently experiencing similar upward momentum to what was seen in 2017.

He also projected that the growth of the stablecoin and tokenization markets will greatly benefit Ethereum.

Meanwhile, as of 01:57 on the 7th, Ethereum was trading at $3,648.96, up 1.85% from the previous day in the Binance USD (USDT) market.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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