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Benzinga
Benzinga
Business
Khyathi Dalal

Tom Lee's Ethereum Bull Thesis Slammed As 'Financially Illiterate'

Tom Lee Ethereum Andrew Kang Ted Pillows Crypto
Ethereum

Ethereum (CRYPTO: ETH) is down 10% over the past month, raising questions about its near-term upside and the validity of Tom Lee’s lofty upside targets.

What Happened: Mechanism Capital founder Andrew Kang argued on X that Lee's Ethereum thesis is deeply flawed and “financially illiterate.”

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