Fundstrat’s Tom Lee has a different opinion regarding the cryptocurrency domain. His crypto price predictions are lavish, often emphasizing that early entry into the domain can help set a future for the majority of investors. In his recent interview, Lee shared another leading theory, stating how investors should stand in line to buy crypto dips, as these assets are bound to explode sometime in the near future. Here’s how.
Also Read: Crypto Market Structure Bill Expected In 2 Weeks: Here’s What It Is
Tom Lee’s Advice on Crypto Being in Its 1996 Era
In his recent interview, Tom Lee shared that if investors are buying Bitcoin today, they are still early in this race. Explaining this bit in detail, Lee shared how Bitcoin’s wallet stats are similar to 1996 levels, when the internet was still in its infancy, and later exploded in a way that shook the world in the most promising way.
“Tom Lee: 🇺🇸 “If you are buying Bitcoin today, it’s still early. 95% of investors have zero Bitcoin exposure. If you look at #Bitcoin wallets, compared to the internet, we’re at 1996 levels.”
Lee’s comments above can be linked to one of his other perspectives, in which he shares how tokenization is bound to reshape crypto. In another one of his video snippets, Lee shared how Wall Street wants to tokenize everything, and once it does, crypto prices are expected to blast, revolutionizing the sector in the process.
“WALL STREET WANTS TO TOKENIZE EVERYTHING.”Tom Lee. Wall Street isn’t just watching crypto anymore. Major institutions like BlackRock and JPMorgan are building the future of finance directly on Ethereum, leveraging smart contracts and tokenization. It’s like the old saying goes.”First they ignore you. Then they laugh at you, then they fight you, then you win.”
Lee’s Future Crypto Calls
Despite the occasional crypto price dips, Lee stayed adamant, adding how Bitcoin and Ethereum are both primed to explore a new high before the year’s end.
Lee later shared how both tokens are now entering a supercycle. The fundstrat’s chief expects the assets to show real progress sometime soon.
Also Read: US National Bank Regulator: Banks to Act as Crypto Intermediaries