Tom Lee Predicts Bullish Crypto Market in the Next 12 Months, Tokenization Market Opportunities Could Reach $20 Trillion

Fundstrat co-founder and research head Tom Lee expects the crypto market to be very bullish in the next 12 months. He noted that after over $19 billion in leveraged positions were liquidated in October last year, a significant amount of leverage has been cleared, and based on the four-year cycle of the crypto market, the bottom of the cycle may appear next month. Lee is also optimistic about the long-term opportunities in asset tokenization, estimating that around $100 trillion of traditional assets could migrate to the blockchain, and if about 1% of related revenue opportunities arise, it could correspond to approximately $1.1 trillion in annual revenue and a potential market value of $20 trillion. Currently, BitMine holds about 5.93 million ETH, with an unrealized loss of approximately $5 billion.

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