#Bitmine再增持持仓突破601万ETH Tom Lee: The crypto bull market has begun, with applications such as tokenization and AI potentially driving the market far beyond previous cycles

Tom Lee, Chief Investment Officer at Fundstrat, explained in an interview why this crypto bull market differs from previous cycles. He said: “The cryptocurrency bull market that is now beginning has been confirmed. So far in the third quarter, cryptocurrency-related stocks have undoubtedly been the best-performing assets.”
Discussing what makes this cycle different: “The 2016–2017 cycle had ICOs; the cycle during the COVID-19 pandemic had NFTs and meme coins; last year’s mini-cycle had stablecoins. These were all relatively narrow use cases, and the participants were mainly people from the crypto industry who had returned after suffering losses previously.”
Changes in this cycle: “Tokenization will develop on a very large scale; the regulatory environment is more supportive of the crypto industry; and governments are also providing support. At the same time, AI, intelligent agent systems, and related applications are being built around the crypto industry. This means that a much larger user base will participate.”
Discussing the current market environment: “The market has already undergone a very substantial price consolidation, lasting as long as five years in some cases. As this bull market arrives, it will bring not only a decisive breakout, but also a duration and upside far exceeding those of previous cycles.”#OneGate见证计划