1 Top Cryptocurrency to Buy Before It Soars by 11,000%, According to Bitmine's Tom Lee

The Motley Fool · Anthony Di Pizio · 2026-11-06 16:06 UTC

Lee thinks the Ether cryptocurrency is entering a new era, and it could create significant value for investors.

Ether (ETH -0.91%) is the native cryptocurrency in the Ethereum network, where people develop and deploy decentralized software applications. It's trading at $2,250 per coin as I write this on Nov. 3, which is less than half its 2025 record price of $4,829. The downside was driven by deteriorating sentiment across the entire crypto industry, which dragged down the value of every major coin and token.

But Tom Lee, Wall Street analyst and chairman of Bitmine Immersion Technologies (BMNR -2.18%), thinks this is a buying opportunity. At the Proof of Talk conference back in June, he discussed a series of tailwinds that could send Ether soaring to $250,000 per coin over the long term, representing a whopping 11,000% in potential upside from its current price.

He didn't specify a timeframe for his target, but Bitmine is buying Ether hand over first right now. Should you do the same?

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