Tom Lee Links $2 Trillion Wealth Shift to Crypto Demand
Bitmine chairman Tom Lee expects younger investors to support crypto demand as the company adds ether and approaches its 5% supply target.
Bitmine chairman Tom Lee said a $2 trillion transfer of wealth could boost demand for digital assets, with younger investors playing a leading role, according to CoinDesk.
His outlook links the anticipated shift in wealth to greater interest in crypto among younger investors. It remains a forecast rather than a confirmed increase in demand.
Meanwhile, Bitmine has purchased more ether, bringing the treasury company closer to holding 5% of the cryptocurrency’s total supply.
Source: CoinDesk
