Tom Lee predicts that Ethereum will reach US$60,000 within 5 years, with more than 2 times the increase before the end of the year

According to ChainCatcher, according to an exclusive interview with Mario Nawfal, Tom Lee, chairman of the board of directors of BitMine, said, "The financial system will be based on blockchain restructuring, 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 upside because it has more potential as blockchain and artificial intelligence develops. 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 upside, while Ethereum has more than 2x upside. But in the long run, we have done some research and envisioned a five-year experiment, and the results predict that the final price of Ethereum is about About $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). In an interview with CNBC, he said that Bitcoin is "eroding the demand for gold" and regarding it as "digital gold", which has scarcity and store of value potential. At that time, the traditional financial community and some media mocked their predictions.