On April 6th, Mechanism Capital partner Andrew Kang posted on the X platform that he has not been closely following cryptocurrencies in the past few months, but the possibility of ETH returning to $1000-1500 this year seems high. With the speculative frenzy clearly over, it is absurd for an asset with negative growth/profit to have a market value of $215 billion. The bear market argument holds.
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Mechanism Capital partner: ETH is likely to return to $1,000-1,500 this year
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