Tom Lee Predicts Ethereum Will Outperform Bitcoin in Market Cap

BitMine Immersion Technologies Inc. Chairman Tom Lee made a bold prediction that Ethereum is poised to overtake Bitcoin as the world’s most valuable cryptocurrency. Lee, who leads BitMine, has substantial ETH holdings, and his bullish outlook aligns with their aggressive accumulation strategy. According to Lee, Ethereum could experience a 100x return in value, ultimately overtaking Bitcoin in market capitalization. This prediction comes at a time when both cryptocurrencies are experiencing significant price movements. Ethereum’s current market cap stands at $570.07 billion, making it the second-largest cryptocurrency after Bitcoin which holds a staggering $2.3 trillion in market cap.