Tom Lee: We are at the beginning of a supercycle where all traditional finance will be tokenized within ten years

reported on October 7 that at the Token2049 conference, Tom Lee pointed out that it is currently in the initial stage of a super cycle, and the traditional financial system will be fully tokenized in the next ten years. He predicted that Ethereum will become a construction platform for mainstream traditional financial institutions, and institutions such as BlackRock, JPMorgan Chase and Robinhood will accelerate their deployment. In addition, Tom Lee was once again optimistic about ETH and BMNR at the meeting, particularly emphasizing the configuration value of Bitmine. His view is that if the ETH price exceeds US$22,000, Bitmine's share price will rise from US$26 to the US$300 -500 range; and when ETH reaches US$62,000, Bitmine's share price is expected to rise to US$1,200 - 1,500.