• 34ºc, Sunny

Mechanism Capital Partner: It seems very likely that ETH will return to $1000-1500 this year

On April 6, Andrew Kang, partner of Mechanism Capital, wrote on the X platform that he has not paid close attention to cryptocurrencies in the past few months, but the possibility of ETH returning to $1000-1500 this year seems very high, and in the case of speculation that has obviously passed, it is ridiculous for an asset with negative growth/profitability to reach a market value of $215 billion.