PANews reported on October 1st that Tom Lee, co-founder of Fundstrat and chairman of Ethereum treasury company BitMine, stated at the Token 2049 conference in Singapore that Ethereum has experienced a "ChatGPT moment" due to the existence of stablecoins. (Cointelegraph)

Tom Lee also reportedly expressed his views on Bitcoin. He stated that if Bitcoin's value were to be compared to gold, assuming a 10% increase, the price would be $140,000. Bitcoin would essentially match or even exceed the value of gold, meaning each Bitcoin would be worth between $1.4 million and $2.2 million. He remains very bullish on Bitcoin.