Tom Lee: If we refer to Circle's valuation level, it is reasonable for Ethereum to rise to $15,000

This article is machine translated
Show original

According to ChainCatcher, BitMine's new chairman and Fundstrat co-founder Tom Lee stated in an interview with CoinDesk this week that if using Circle's current valuation level (approximately 130 times EBITDA) as a reference, it would be "completely reasonable" for Ethereum to rise to $15,000. Additionally, Tom Lee also agreed with analyst Mark Newton's assessment that "Ethereum is expected to break through $4,000 by the end of this month".

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments