@frostmourne 2 weeks ago
Fundstrat's Tom Lee sets a $250,000 price target for Ethereum
Fundstrat's Tom Lee sets a $250,000 price target for Ethereum
Tom Lee from Fundstrat is setting a $250,000 price target for Ethereum, which is currently sitting around $2,000. His bull case relies on a new roadmap out to 2029, making the network faster and cheaper. He thinks ETH will become the go-to blockchain for AI agents and Wall Street tokenization.
ETH did outperform both the Nasdaq and Bitcoin in July, but it is still down about 40% for the year. The article notes this could just be a dead cat bounce, especially with some recent internal disagreements at the Ethereum Foundation. The $250k target seems high, but the upcoming network upgrades are worth watching.

www.fool.com
| 1 Popular Cryptocurrency to Buy Before Its Next Massive Rally, According to 1 Wall Street Bull | The Motley Fool

There are no comments here, be the first to comment