2026-01-17 13:39:33

BitMine founder Tom Lee announced a $200 million investment in Beast Industries, while also stating that there is room for multiple blockchains to coexist and develop within the crypto ecosystem. However, his praise for Ethereum is particularly notable — it is the only smart contract platform that has never experienced a downtime. This judgment highlights Ethereum's advantage in network stability amid fierce competition from cryptocurrencies like Bitcoin, Ripple, and Solana. The large investment reflects institutional confidence in the ongoing development of the Web3 ecosystem, and platform-level reliability assessments have become a key indicator in long-term competition.

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BearMarketSurvivor

· 9h ago

Has Ethereum ever gone down? That’s a bit of an absolute statement, Tom Lee. Your recent stance is a bit intense. --- Invested 200 million, but looking at stability, it’s clear the right direction was chosen. ETH is indeed quite stable in this regard. --- I just want to know, if Ethereum really encounters problems someday, should this conclusion be changed? --- I agree with multi-chain coexistence, but insisting it’s the "only" chain that has never gone down is a bit awkward. --- Where big investors put their money actually speaks more than words. Anyway, I trust Ethereum to be the most stable. --- It sounds nice, but it’s just because you’re optimistic about ETH. Just say it outright.

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SocialFiQueen

· 9h ago

Has Ethereum ever gone down? Is this guy serious? I vaguely remember a few times... Never mind, stability really is top-notch.

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StableGeniusDegen

· 9h ago

Has Ethereum never gone down? This guy is a bit too absolute, feels like bragging. --- Invested 200 million, still optimistic about this sector, but can stability really determine everything? --- The only smart contract platform that has never gone down... Solana: I’ll just watch your performance quietly. --- Tom Lee's promotion this time is a bit over the top. Ethereum is indeed stable, but don’t demonize other chains. --- I believe in multi-chain coexistence, but hyping Ethereum so much makes it seem like a clear team allegiance. --- Really? Never gone down? Is it poor memory or is it indeed the truth?

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SybilAttackVictim

· 9h ago

Has ETH really never gone down? I remember back in 2016... Never mind, not to mention it now, as long as it's the stable king. --- Throwing 200 million in, Tom Lee really dares to bet. I'm already tired of the multi-chain coexistence story; the key is who doesn't drop the chain. --- Saying ETH has truly never crashed is a bit bold, but stability is indeed a hard indicator. Gotta admit that. --- The investment focus is shifting towards Web3, it seems institutions really believe in this narrative. --- Never crashed... Brother, you're quite confident saying that. What if a black swan hits one day, haha.

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