Fundstrat's Tom Lee has projected that Ethereum could reach a price of $62,000, citing its current undervaluation and a transformative phase akin to the 1971 shift of the U.S. dollar overtaking gold. Lee highlights the tokenization of financial assets, such as stocks and real estate, as a key driver for Ethereum's potential growth. He also notes that if Ethereum's price-to-Bitcoin ratio reverts to its eight-year average of 0.25, the cryptocurrency could achieve this significant price milestone.
Tom Lee Forecasts Ethereum Could Hit $62,000
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