Tom Lee predicts Ethereum will reach $60,000 in five years, with more than twice the increase before the end of the year

BlockBeats News, on August 28, Tom Lee, chairman of the board of directors of BitMine, said in an exclusive interview with Mario Nawfal, "The financial system will be reconstructed based on blockchain, which reminds people of the moment when the US dollar left the gold standard in 1971. Ethereum will be one of the main beneficiaries. I am still very optimistic about Bitcoin, and Bitcoin may reach $200,000 or even higher. For Ethereum, I think it has more room for upwards because with the development of blockchain and artificial intelligence, it has more potential. So we call Ethereum the largest macro transaction in the next 10 to 15 years. I think from now until the end of the year, Bitcoin has 2x upwards, while Ethereum has more than 2 But in the long run, we conducted some research and envisioned a five-year experiment, and the results predict that the final price of Ethereum will be around $60,000. Therefore, Ethereum has huge room for upward in the next five years. "In mid-2017, Tom Lee publicly predicted for the first time that Bitcoin will reach $25,000 in five years (that is, by 2022). He said in an interview with CNBC that Bitcoin is "eroding the demand for gold" and regarding it as "digital gold", with scarcity and store of value potential. At that time, the traditional financial community and some media mocked their predictions.