Mechanism Capital Partner: The possibility of ETH returning to 1000-1500 USD this year seems quite high
Bitget2025/04/06 11:00
PANews reported on April 6th that Andrew Kang, a partner at Mechanism Capital, posted on platform X stating that he has not been closely following cryptocurrency in the past few months. However, it seems very likely that ETH will return to $1000-1500 this year. Given the speculative frenzy is clearly over, for an asset with negative growth/profitability, reaching a market value of $215 billion is simply absurd. The bear market argument holds up.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
A certain whale's collateral position of 30 BTC and 2980 WETH has been liquidated
Bitget•2025/04/07 07:38
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$76,210.34
-8.18%
Ethereum
ETH
$1,485.89
-16.98%
Tether USDt
USDT
$0.9992
-0.01%
XRP
XRP
$1.75
-16.41%
BNB
BNB
$539.18
-8.38%
USDC
USDC
$1
+0.02%
Solana
SOL
$100.8
-15.78%
TRON
TRX
$0.2262
-4.86%
Dogecoin
DOGE
$0.1379
-16.28%
Cardano
ADA
$0.5462
-14.61%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now