Andrew Kang: ETH is likely to return to $1,000-1,500 this year
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Planet Daily News: Mechanism Capital partner Andrew Kang posted on X platform, saying that he has not closely followed cryptocurrencies in the past few months, but the possibility of ETH returning to $1,000-1,500 this year seems high. In a situation where speculation has clearly subsided, it is indeed absurd for an asset with negative growth/profitability to have a market value of $215 billion, and the bear market argument holds.
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