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BTC $74,707.87 +0.06%
ETH $2,333.58 -0.89%
BNB $633.30 +1.79%
XRP $1.43 +2.33%
SOL $88.53 +4.37%
TRX $0.3264 +0.08%
DOGE $0.0985 +3.99%
ADA $0.2571 +4.97%
BCH $453.17 +2.88%
LINK $9.49 +2.59%
HYPE $43.83 -0.92%
AAVE $114.14 +7.98%
SUI $0.9981 +4.07%
XLM $0.1678 +6.31%
ZEC $341.12 -0.77%
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Andrew Kang: Factors such as Trump's crypto project WLFI purchase make ETH look not so bad anymore

2024-12-12 13:42:01
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ChainCatcher news, Mechanism Capital partner Andrew Kang posted on X stating, "I used to think that the ETH and ETH/BTC exchange rates were overly hyped before the launch of the Ethereum ETF, but with Trump using the profits from WLFI to buy ETH, and the nomination of SEC and CFTC chairs who support Ethereum/DeFi, along with the selling pressure from ETHE and the hype around the ETF dissipating, Ethereum doesn't look so bad anymore."

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